JNK may well be worth keeping an eye on to verify momentum versus a possible trap door situation otherwise known as a bull trap.
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Actionable Risk Opportunities, Tactical Musings and Timing Indicators for Investors
Thursday, February 18, 2016
Bonds Hold Steady....02.18.16
Per yesterday's Ponzo update for TLT the M11 bond screener continues to generate a steady income stream using a top 2 ranked Momentum sorting. Of particular interest is the positive shift in JNK (Junk status bonds), which over the past 2 years has shown a dismal performance.
JNK may well be worth keeping an eye on to verify momentum versus a possible trap door situation otherwise known as a bull trap.
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JNK may well be worth keeping an eye on to verify momentum versus a possible trap door situation otherwise known as a bull trap.
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