As you probably know, the conventional wisdom on Wall Street is that investors will sell stocks in favor of bonds when yields reach an attractive level. So, it’s not surprising that many pundits blamed the DJIA’s triple-digit decline on rising bond yields. Let’s put that belief to a test.
Will Rising Bond Yields Send Stock Prices Tumbling? Read More »
One of the best ways to get a true view of where the market really is involves looking at it denominated in something else other than dollars. One of the most interesting tools (and least discussed in the financial media) is the DJIA priced in gold — “the real money,” as Robert Prechter calls it.
DJIA Priced in Gold: What It Means for the Long-Term Trend Read More »
Video (Part 2): Prechter: Ominous Pattern in the DJIA (Note: This interview was originally recorded on September 20, 2010) In the video below, Robert Prechter talks to Yahoo! Finance Tech Ticker host Aaron Task and Henry Blodget about a technical pattern he sees forming in the Dow.
Ominous Pattern in the DJIA Read More »
Moving averages are one of the most widely followed indicator in technical analysis.
Simply put, when the price of an index or stock stays above a particular price moving average line on a chart, that price level serves as support — a level where buyers reside.
DJIA’s 200-Day Moving Average: Will the Dow stay above or below this demarcation line? Read More »
