Bull, bear, mule….greased pig?

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p03149889863&a=204730441 Sometimes the lexicon is strained to describe the market.  While this is technically a mule (or sideways) market, mule hardly describes it.  In the past we have made significant…

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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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