Don't Ignore This Chart!

Treasury Bond ETF Outperforms SPY and USO

 | 
The PerfChart below shows five ETFs representing the inter-market picture. Even though the S&P 500 ETF (SPY) and the US Oil Fund (USO) are up over the past month. notice that the 20+ Year T-Bond ETF (TLT) is up a lot more. Treasuries are showing relative strength and this is a potential negative for the stock market.

Screen Shot 2013-04-06 at 12.59.00 PM
Click this image for a live chart
Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
Subscribe to Don't Ignore This Chart! to be notified whenever a new post is added to this blog!
comments powered by Disqus