The Bonddad Blog

I'm writing this from my IPhone. I'll be back on Monday in the early AM. Until then do anything except think about the market or t...

From Bloomberg: Retail sales in the U.S. dropped in October by the most on record, pushing the economy toward the worst slump in decades. T...

From Marketwatch: A global economic slowdown, financial turmoil and home-grown problems pushed the 15-nation euro zone into its first recess...

Click for a larger image Notice the following on the weekly chart: -- Prices have advanced almost 20% a month and a half -- All the SMAs are...

Why is Bonddad smiling? Because the market is still consolidating. Also -- note the market tested the 84 level to and rallied from that le...

From Bloomberg: First-time claims for U.S. unemployment insurance rose last week to the highest level since September 2001, when the economy...

Click for a larger image Wondering why the preceding chart is spiking? The global hedge fund industry lost $100 billion of assets in October...

From the AP: Intel Corp.'s deep cuts to its fourth-quarter guidance offers further evidence that technology companies are in for a beati...

Click for a larger image Notice the following on the weekly chart: -- Prices are approaching a three year low -- All the SMAs are moving low...

The market is still within the consolidation range that started mid-September. However, we are 1.4% above 84 which is an incredibly key lev...

From Marketwatch: Shares of Best Buy fell nearly 12% in premarket trading to $21.08. Since Sept. 12, the stock has tumbled more than 46%. ...

From Bloomberg: One-third of U.S. homeowners who sold their property in the 12 months through September lost money as foreclosures depresse...

From Bloomberg: Participants turned bearish on 10-year Treasury notes this month for the first time since March, while remaining bullish on ...

From Bloomberg: The world must find an extra 64 million barrels a day of oil production by 2030, equivalent to replacing Kuwait's output...

Click for a larger image On the weekly chart, notice the following: -- Prices have moved through the lowest technical point on the chart of ...

Bottom line: the market is still consolidating within a triangle pattern.

From Paul Krugman: So we need a fiscal stimulus big enough to close a 7% output gap. Remember, if the stimulus is too big, it does much less...

From the NY Times: Citigroup on Monday joined a growing list of financial institutions offering to modify the terms of mortgages for distres...

Plus Plus Plus Equals this "October will prove to be a disaster for retail sales, with only the discounters having anything to cheer ab...

The 2 year chart in weekly increments gives us a great overview of where the market is now. In July of 2007 the beginnings of the financial ...