The Bonddad Blog

Click on all images for a larger image The above chart raises an interesting question: what exactly does a market bottom look like? In his ...

I'm going to spend today taking an in-depth look at all the averages. Last Monday, I asked the question whether or not this was a real ...

The markets were never open today, but either way it's time to think about anything except the markets or the economy.

From the WSJ: In the fall of 2007, before the economy began to falter, corporate-bond prices were signaling all was not well. The spread bet...

From the Minneapolis Fed: Still, I continue to think that improvement in business activity is not too far off. Interest rates are low and fi...

Click on image for a larger image The weekly chart shows the dollar formed a double top over the last few months. This is confirmed from th...

The big news on the SPYs is today they broke through the second downward sloping containment line. The bad news is they did so on weak volu...

From Reuters: Many U.S. retailers posted smaller-than-expected sales declines for March in a sign that shoppers may be regaining confidence ...

From Bloomberg: 3M Co. said it will offer 3,600 employees early retirement. 3M spokeswoman Jacqueline Berry spoke today in a telephone inter...

Yesterday the Federal Reserve issued the minutes of the March FOMC meeting. The overall tone of the report was very glum: The information ...

Click on all pictures for a larger image The weekly chart shows we're still in a long-term uptrend. Prices broke out of a triangle patt...

Click for a larger image Although the IWMS (Russell 2000) ran into upside resistance from a downward sloping trendline, it is still in a ral...

From Reuters: Two-thirds of U.S. chief executives plan additional layoffs and expect sales to decline in the next six months as their confid...

From the Federal Reserve: Consumer credit decreased at an annual rate of 3-1/2 percent in February 2009. Revolving credit decreased at an an...

From IBD: Consumer confidence has begun to rebound as recent stock market gains and better-than-expected economic data fuel hopes that the 1...

Click on all images for a larger image The industrial metals chart has the beginnings of a bull market. First, prices dropped hard at the e...

Click on all images for a larger image On the SPYs, notice that prices have already broken the upward slloping trend line that started at th...

From CNBC: More U.S. consumers are falling behind on their mortgages, an indication that the housing market has yet to hit bottom, a top cre...

Average hourly earnings in constant 1982 dollars (inflation adjusted) have been constant for the duration of this expansion. That is consis...

Above is a chart for total non-farm payrolls. Notice the following: -- The total number of non-farm jobs is almost at the level of the peak...