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SviCapital
Apr 7, 2019 11:28 AM

LQD, A Leading Indicator for Equities 

AMEX:LQD1W
iShares iBoxx $ Investment Grade Corporate Bond ETFArca

Description

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LQD is an ETF that tracks investment grade corporate bonds.
ishares.com/us/products/239566/ishares-iboxx-investment-grade-corporate-bond-etf

In this study I compare the LQD with SPY that tracks S&P 500 index. Upon review of turning points one can conclude that the corporate bonds start to go down first and recover first hinting the broader market direction.

04/07/2019
Trend AnalysisLQDbondscorporatebonds
Comments
CodedFlow
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beautiful find sir !
SviCapital
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The LQD is close to its resistance and it is trending in a steep channel up. A rejection from that resistance would be a warning sign for equities. Something to watch and infer for investing ideas.
The_Unwind
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@SviCapital,

The great fund manager for Citadel, Ken Griffin
made his name in the market,
just prior to 1987 market crash in a corparate bonds hedge.

He was just on Bloomberg Television this weekend,
in a fascinating interview.

I think you are onto something very important here.
Thank you very much for the illumination !
The_Unwind
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@SviCapital,

David Rubenstein "Peer to Peer Conversations" /With Ken Griffin/ Citadel
Bloomberg Television 10-10;30 an Sun.4/7
SviCapital
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@The_Unwind, thank you!
dRends35
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So what do you see here?
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