S&P wave bottom?

Every trade is fraught with danger at inception, and every wave change is fraught with uncertainty.  But the S&P (and the Dow) is breaking the hourly trendline so we are…

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Bond party over?

This looks like the top of the bond wave for the moment.  We are buying some TBT -- in effect shorting the bonds. We remarked a few letters ago on…

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BWP CODI FTR ETC,ETC Dividend stocks

http://stockcharts.com/h-sc/ui?s=CODI&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=207232007 http://stockcharts.com/h-sc/ui?s=FTR&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=207230758 http://stockcharts.com/h-sc/ui?s=BWP&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=207230755 http://stockcharts.com/h-sc/ui?s=PGH&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=207230764 Here is our attitude about "risky" high yielding dividend stocks.  Ordinarily buyers of yield are  chary of high yielding issues because they are "high risk".  Last…

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Nobody knows, and distrust anyone who acts like he does.

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p03149889863&a=204730441 For readers within driving range of San Francisco the finest technical analysis society in the country, and the oldest (tsaasf.org) meets monthly at Golden Gate University.  Last Thursday the…

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