December 1, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Powell Speech Ahead

Please click here for a chart of 20+ Year Treasury Bond ETF (TLT).

Note the following:

• The chart shows that bonds have made an aggressive move from the lows.
• The chart shows the upward sloping trendline indicating the steadiness of the move up.
• The chart shows that bonds have now reached the lower resistance zone.
• In The Arora Report analysis, prudent investors should watch if bonds break above the lower resistance zone.  If they do, it will be a trigger for another leg up in the stock market.