The markets are taking a breather here. It should come as no surprise, as key markets (equities, bond yields) have surged higher.
By all accounts, the action we’re seeing thus far is constructive. Yet as active investors we need to keep our guard up and watch our indicators and key price technicals to stay in the game.
Here are a couple things to keep an eye on:
The Technology sector (NYSEARCA:XLK) has been a notable laggard. And Semiconductors may be showing a few cracks (see chart below).
The surge in bond yields. While this makes for interesting chatter about a stronger economy and potential for inflation, it also means higher mortgage and lending rates and lower bond prices for portfolios. Could get interesting at some point. The Federal Reserve is on tap this month…
We have a host of great trading links to news, insights, and research for this week. Read up, rest up, and we’ll see you all next week.
MARKET INSIGHTS
December is historically the strongest month for equities – LPL Research
Interest Rates could peak here – Kimble Charting Solutions
Are Semiconductors warning of future tech weakness? – Andrew Thrasher
Treasury Bonds are at record drawdown levels – The Market Meter
Is the industrial metals surge a sign of a strong economy? – Dana Lyons
Animal spirits can’t be modeled – The Reformed Broker
What a Trump presidency means for Muni Bonds – Columbia Threadneedle
NEWS & Research
Trump sat down with the New York Times
China wants to create a social credit score – WSJ
The probability distribution of the future – Farnham Street
The cure for indecision – Brain Pickings
High frequency account monitoring is a short sighted behavior – Betterment
Stop defending what isn’t working – Leadership Freak
How to remove mediocrity from your life – Benjamin Hardy
Is physical law an alien intelligence? – Nautil
Global migration’s impact and opportunity – McKinsey
Be sure to check back every weekend for more links to quality trading blogs and investing research. Thanks for reading “Top Trading Links”!
Twitter: @ATMcharts
Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.
