Revisiting the High-Yield-Fund Indicator
July 15, 2010  Analysis from Chris Kimble 

Market technician Chris Kimble starts the day off with a look high yield funds and what they may be signalling about the stock market. Chris has been addressing this issue periodically for the past four months: March 16, April 20, and June 23.

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High yields often are good leading indicators for equities.

Of late, as the 500 index is making a series of lower lows, the high yield funds are making a series of higher lows.

These signs are signs of gathering strength, and if the past is any indicator, higher stock prices are ahead.


For feedback or more information, email Chris at KimbleChartingSolutions@gmail.com.