20+ Year Treasury Bond (TLT): Nearing Price Support Target
I'm not going to spend any time on the debt bomb fuse (see this McKinsey study) or QE or Margin Debt or any other...
Evidence Mounting For A Widening Yield Curve
There has been a lot of debate around interest rates lately. Will they keep rising? Will they turn back lower? But amidst all the...
Dow Jones Transports: Is This Parabolic Move Topping?
The Dow Jones Transports are getting a lot of attention here, and rightly so. They are trading pretty heavy and have been a key ingredient to...
Are Unemployment Claims Nearing An Inflection Point?
The U.S. economy continues to churn out mixed messages.
The retail sales number on Wednesday was an outright dud. Sales in April were flat month-over-month,...
Bonds Continue To Sell Off, But Risk-Reward Getting Better
I devoted last week’s market commentary to explaining the incredible volatility that has been occurring in bond yields. I explained that volatility associated with trading...
S&P 500 ETF (SPY) Into Chart Resistance (10 Observations)
The S&P 500 ETF (SPY) has provided some opportunities for patience, disciplined traders, while it has punished momentum chasers. One reason has been its...
The April Jobs Report: Insights Into Wages And Productivity
U.S. wages stuck in the mud, more so for supervised employees than for supervisory.
ECI for private sector has been trending higher since 1Q14; is...
Four Chipmaker Stocks That Are Basing: INTC, TXN, SWKS, MSCC
When it comes to scouring for opportunities in the market, we all would love to find the next big company that will shatter all...
Bonds Selloff: Why Investors Shouldn’t Sell Into The Panic
Last week was a difficult week for those of us that own bonds. In particular, ETFs like the iShares 20+ Year Treasury Bond Fund...
iShares US Home Construction ETF (ITB): Chart Oversold, Bounce Likely
Back on April 23rd, I wrote a piece on U.S. housing, arguing the importance of $26, and then $24, on the iShares Dow Jones...