June 25, 2013
The markets opened higher today, Tuesday…….. BUT….unless the ten year Treasury rates (2.55 this morning) come down, the markets will turn down again. The rally today indicates to me that Bernanke may be planning on saying something today to try and prop up the markets.
We are sitting in Reverse. Momentum is Down. Nothing has changed. The charts are saying the markets want to go down. We are simply waiting to see what if anything changes in the ten year rate.
Want More? See ‘Recent Posts’ in right margin or go to ‘Home” at the top of the page. This blog discusses dividend paying investments that I find appropriate for myself…..and for investors seeking dividends and income. I am not an investment professional. You must do your own research before buying any position. All gains or losses that you realize are based on your choices.