Bonds

Global Markets Update: 5 Charts To Watch Now (February 15)

It’s time for another round of macro technical charts as investors attempt to weigh the risk to reward ratio in several markets (including stock market indices, sectors, individual commodities, currencies, bonds, and other benchmarks and market indicators). This chart review will look at 5 charts with key technical price developments.  Even if…

Consumer Staples (XLP) Diverge From US Treasuries On Reflation Trade

I recently noted that there are quite a number of themes, both positive and negative, continuing into the new year (in “Are Investors Pulling Too Much Awesome Forward“). The ‘positives’ – infrastructure spend, tax reform, healthcare reform, and deregulation – have built a relentless bid, or scared off sellers… for the…

German Bunds, US Treasuries: Yields Approaching Support

The bonds complex may be setting up for a near-term reversal of sorts. The charts below show the potential for a near-term low in yields and possible ensuing move higher. Let’s look at German Bunds and US Treasuries. GERMAN BUND YIELDS I suspect that the combination of both TD buy…

High Yield Bonds Divergence Points To Risk On

The bulls are celebrating what they believe is another key breakout to new highs. The Dow Jones Industrial Average is over 20,000 and tech stocks are rocking again. So does this rally have legs? High Yield Bonds Divergence (with 10 Year T-Note) a market “tell” As stocks were meandering sideways and…

5 Charts For Traders: Gold, US Dollar, CBOE SKEW and More

It’s time for another set of 5 macro technical charts to watch as we move toward the end of January (including stock market indices, sectors, individual commodities, currencies, bonds, and other benchmarks and market indicators). This chart review will look at technical price developments.  And even if you’re not technical analysis minded I believe…

Treasury Bonds Update: Mapping The Possibilities In Early 2017

Back in mid-December, I provided a ‘heads up’ that the bonds were oversold and that active investors should expect a bounce. The levels highlighted in that post worked and treasury bonds (NASDAQ:TLT) are currently in the midst of a bounce. Right now, I believe there is more work to be done on…

Why I Warmed Up To US Treasuries

During the summer, I put out a lot of very bearish commentary about the Treasury market. There were numerous technical reasons for the call. In addition, and I know it seems so long ago, was this almost universal opinion that yields on the long end of the curve were going to…

Weekly Stock Market Outlook: Optimism Running High

Weekly Market Outlook & Technical Review January 13th In this research note, we will look at some key stock market indicators, the health of the S&P 500 Index (INDEXSP:.INX), and a handful of emerging themes that we are watching in our investing research: Stock Rally Has Stalled – The S&P 500…

Stocks vs Bonds: The Most Interesting Chart Right Now

The most interesting chart in the world right now is the stocks versus bonds ratio chart. Check out the chart below. Here we are simply measuring the ratio of the S&P 500 SPDR ETF (NYSEARCA:SPY) versus the iShares 20+ Treasury Bond ETF (NASDAQ:TLT). The ratio is approaching the 2007 peak,…

5 Charts For Investors: Around The Global Financial Markets

I’m back with another set of 5 macro technical charts to watch as we move further into the near year (including stock market indices, sectors, individual commodities, currencies, bonds, and other benchmarks and market indicators). This chart review will look at technical price developments.  And even if you’re not technical analysis minded…