Guy S. Ortmann, CMT is Director of Research/Senior Technical Analyst at R.F. Lafferty & Co. Inc. with a proven track record, over the past three decades, of using a combination of technical and fundamental analysis for timely and profitable U.S. macro equity market and stock/commodity specific ideas for institutional and high net worth clients. His research has been published in many high visibility Wall Street publications. It is his view that both technical and fundamental analysis are absolute requirements for consistent portfolio performance.
Recent Articles By The Author
The 10-year Treasury yield remains in a downtrend from its March peak.
Once again, there is bifurcated action on the charts.
Data remain mixed.
Despite FOMC jitters, the 10-year Treasury yield was unchanged at 1.5%.
Two important technical events happened on the charts Thursday.
Valuation continues to appear extended