The Bonddad Blog

Sorry -- I don't have pictures this weekend. I'm getting married in a week and my fiance and I are buying a house so I'm a bit ...

The year over year trend is still declining, and The unemployment rate is still increasing.

From Bloomberg: The U.S. lost fewer jobs than forecast in April, and the unemployment rate unexpectedly dropped, signaling that the economic...

From the LA Times: The American farmer, long an untouchable political icon, has even become something of a political embarrassment on Capito...

Over the last week or so I have written that while the QQQQs were rallying the S&P and Russell 2000 were stuck underneath resistance lev...

Let's take a look at the charts. The dollar has broken out of a triangle consolidation pattern and rallied. Notice prices are above the...

It's a rally. On the QQQQs notice the following: -- Prices crossed the 200 day SMA today -- Prices are above all the SMAs -- The shorter...

From the NY Times: The weak performance reflected the increasingly thrifty inclinations of American consumers in the face of plummeting real...

Let's start with the charts. On the daily chart, notice the following: -- Prices have twice broken through resistance to make new highs....

The big news today was the Fed, whose statement had the following paragraph: The substantial easing of monetary policy to date, combined wit...

The WSJ has a great story on how fraud at Countrywide started and spread. It starts with the Fast and Easy program Fast and Easy borrowers...

From the WSJ: Whenever the Fed eventually ceases its series of rate cuts that began last year, it will effectively stabilize the supply of d...

Let's take a look at the charts to see what they say. The overall CRB chart is bullish. Notice the following: -- Prices have bounced of...

First, the QQQQs are clearly in a rally Notice the following: -- Prices are above the SMAs -- All the shorter SMAs are moving higher -- The ...

Over at Econbrowser there is a great piece on tax policy, the dollar, interest rates and the deficit.

From the AP Housing prices dropped in February at the fastest rate ever, a widely watched index showed on Tuesday, reflecting that the housi...

From CNBC: U.S. home foreclosure filings jumped 23 percent in the first quarter from the prior quarter, and more than doubled from a year ea...

From the WSJ: Deutsche Bank AG Tuesday reported its first quarterly net loss in five years, reflecting additional asset write-downs, lower r...

The bottom line story of the last few weeks in the credit market is traders are moving into riskier areas of the bond market. The major U.S....

Problems from a technical perspective are developing: The 139/140 area is providing strong upside resistance to the SPYs. Today was no excep...