A composite indicator constructed from the trends in yields on the 10 year Treasury bond, gold and the CRB Index suggests that inflationary pressures have decreased. The indicator is shown in figure 1, a weekly chart of the SP500. I last discussed this indicator and its significance in this recent article.
A composite indicator constructed from the trends in yields on the 10 year Treasury bond, gold and the CRB Index continues to suggest that inflationary pressures are rising, and this, on average, is a headwind for equities. The indicator is shown in figure 1, a weekly chart of the SP500. I last discussed this indicator [...]
A composite indicator constructed from the trends in yields on the 10 year Treasury bond, gold and the CRB Index is suggesting that inflationary pressures are rising, and this, on average, is a headwind for equities. The indicator is shown in figure 1, a weekly chart of the SP500.
Our indicator constructed from the trends in the CRB Index, gold, and yields on the 10 year Treasury is not extreme but it did rise last week suggesting that inflationary headwinds are increasing for equities. Another push higher in gold or possibly in Treasury yields would send this indicator into extreme territory. We [...]
Our indicator constructed from the trends in the CRB Index, gold, and yields on the 10 year Treasury has come off of the extreme readings seen several weeks ago, and within the context of a trend following strategy that I have detailed here, here, and here, this represents a buy signal for the SP500. In [...]
The composite indicator constructed from the trends in the CRB Index, gold and yields on the 10 year Treasury is no longer extreme. As prices on the SP500 are above the 40 week moving average, this would be a buy signal as per our strategy that combines this filter with the 40 week moving average. [...]
Strong and rising trends in CRB Index, gold, and yields on the 10 year Treasury persist, and collectively, this represents a headwind for equities. I last highlighted our composite indicator constructed from the trends in the CRB index, gold, and yields on the 10 year Treasury on February 18, 2011. Below I provide some links [...]
