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Wednesday, July 9


Shifting Fortunes



Nikkei 225 & Japanese Government Bond Futures, Daily Chart

The Japanese Government Bond futures have dropped pretty sharply over the last couple of weeks. It looks like some of the cash is being shifted into Japanese stocks, which may explain the last 1000 point, straight-up move in the Nikkei 225.


10-Year US Treasury Note Futures, Hourly Chart

The US Treasury Note futures have also made a turn; if the parallel holds true then we should look forward to higher US stock prices, valuation be damned. The trend is your friend, etc.




Previous Entry >>> A Mathematician Plays the Stock Market


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