Bonds have encountered resistance right at the top of the channel we drew a few weeks ago on the daily chart.
Entries from November 2010
November 30th, 2010 · 2 Comments
November 28th, 2010 · 2 Comments
The Turkey carcass has been picked clean – so expect the vultures to turn their attention back to the markets.
November 22nd, 2010 · 2 Comments
U.S. residents will eat plenty of turkey Thursday and then many will take naps. The markets may start their naps sooner.
November 18th, 2010 · 2 Comments
Well they managed to put on a good show for the GM offering. Can it continue?
November 16th, 2010 · 1 Comment
The bond decline appears to have found a temporary low – emphasis on temporary.
November 14th, 2010 · No Comments
Our interest rate scenario continues to play out according to expectations.
November 11th, 2010 · No Comments
Stocks were open today. Bond futures traded, but with banks closed, little bond business was conducted.
November 9th, 2010 · No Comments
The markets are providing us with evidence that our larger thesis, re bonds, is the correct one. Today’s video commentary inside.