Some Emerging Patterns In U.S. Treasury Bonds

A research paper by Ben Jacobsen and Cherry Y. Zhang of Massey University of New Zealand demonstrates that monthly seasonality effect is sample specific. They found that the strategy of ‘Sell in May and Go Away‘ beats the market more that 80% of times over -year horizons. Another aspect of this strategy is that during this time, bonds usually outperform…

Morning Notes – Tuesday May 23, 2017

Directional Bias For The Day: Futures are higher Moving sideways since 4:00 AM Odds are for a sideways to an up day; watch for break above 2397.75 and break below 2388.25 for change of fortunes No Key economic data to be released Markets Around The World Markets in the East were mostly lower – Hong Kong and Seoul were higher European markets are…