3 replies to this topic

[jawndissedi]

Credit for the following chart belongs to Kevin whose blog can be found here. (USD advanced 35 days.)

[relax]

So bonds will rally into end of july or august, which means stocks will probably rally for most of this period too

week after OPEX - maybe could pull the other direction - but good Core CPI usually means buy on dip cause we're going higher

Maybe oil in the 70ies could ruin the party, even though that hasn't really been the case for the last years

Crude breaking ATH however would definitely create some negative sentiment in term of inflation worries

Enjoy the weekend!

Credit for the following chart belongs to Kevin whose blog can be found here. (USD advanced 35 days.)

Edited by relax_dk, 16 June 2007 - 05:16 AM.

[ecpinto]

that gap needs to be closed before the bonds head lower...IMHO

So bonds will rally into end of july or august, which means stocks will probably rally for most of this period too

week after OPEX - maybe could pull the other direction - but good Core CPI usually means buy on dip cause we're going higher

Maybe oil in the 70ies could ruin the party, even though that hasn't really been the case for the last years

Crude breaking ATH however would definitely create some negative sentiment in term of inflation worries

Enjoy the weekend!

Credit for the following chart belongs to Kevin whose blog can be found here. (USD advanced 35 days.)

[jawndissedi]

Here's the yield perspective -- and, yes, I agree, that gap just above 5% will be filled. However, whether we are headed higher or lower from there is not at all clear to me. Bear in mind that, with the bonds and the USD, V-bottoms and tops tend to be the rule rather than the exception.