Can Government programs push yields and S&P 500 past important resistance lines?
From Kimble Charting Solutions Blog
January 3, 2013 - 8:22am
CLICK ON CHART TO ENLARGE The yield on the 30-year bond and the price of the S&P 500 both peaked in September on the day of announcement of the QE3 program (see injection gamble here). Yesterday the government came to an agreement to avert the "Fiscal Cliff" and the yield on the 30-year and S&P [...]Continue reading this article »