The Bonddad Blog

It's almost the close and it's time to stop thinking about the market and economics and think about anything else except those two t...

From IBD: Treasuries raced higher Thursday, driving government debt yields down to historic lows, as recession fears pummeled stock markets ...

Click for a larger image From Bloomberg: Manufacturing in the Philadelphia region shrank in November at the fastest pace in 18 years, a sign...

Click for a larger image Notice the following on the weekly chart: -- Prices have rebounded from a low of 72 at the beginning of July to a c...

Several people have asked if I still think the market is bottoming. Frankly I don't know at this point. I need to think about this and ...

Big news today. The market's technical position is now terrible. Let's look at the charts. On the multi-year chart, notice that pr...

From the AP: New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evi...

I use the phrase SMAs an awful lot, don't I? But I've realized that I have never explained why I use them so much or why I think th...

Click for a larger image Notice the following on the weekly chart: -- Prices are at levels not seen since the beginning of 2007 -- All the S...

The market broke though key technical support today. More importantly Notice the action on today's 5-minute chart. -- Prices continuall...

Click for a larger image From Bloomberg: The consumer price index plunged 1 percent last month, the most since records began in 1947, the La...

From Barron's: FOR A FLEETING TIME TUESDAY AFTERNOON, the stars in the stock market were aligned in a configuration not seen in a half-...

There are several news stories on the car companies today. First, it's not just Detroit: Reeling from a relentless sales slide, Toyota ...

Click for a larger image Notice the following on the weekly chart: -- Prices are at or near their lowest level in three years -- All the SMA...

I've been carping on the consolidation triangle occurring in the market. Notice that today me moved below that level and then rallied a...

From Bloomberg: Home prices fell in four out of every five U.S. cities in the third quarter, a record spurred by distressed foreclosure sale...

From the BLS: The Producer Price Index for Finished Goods fell 2.8 percent in October, seasonally adjusted, the Bureau of Labor Statistics o...

Click for a larger image Above is a chart from the Bureau of Labor Statistics. It shows total number of establishment jobs starting in 1945...

On the yearly chart, notice the market is still clearly in a trading range between 85.80 and 92.50 (roughly). The market has been in this r...

We're still consolidating. However, there are plenty of reasons to be bearish on this chart. Notice the following technical developmen...