The Bonddad Blog

Still nerdy after all these years

Tuesday, September 14, 2010

Yesterday's Market

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Let's start (again) with the Treasury market. Yesterday, the IEFs bounced off the 50 day EMA in a technical rebound, but did so on weak...

S&P 500 at 1122

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Yesterday the S&P 500 closed at 1122..... The first time it hit 1122 was on 4/03/1998....at that time the 12 month trailing GAAP earning...
Monday, September 13, 2010

Philly Fed Coincident and Leading State Indexes

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From the Philly Fed

Postponable Purchases

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From Bonddad: Brodero has been commenting here for some time. I have always been impressed with his insights and asked him to post regularl...

Different Opinions on US Growth

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From today's WSJ: The global recovery is still on track, but it's looking increasingly likely to be a long slog for much of the deve...

Stocks, Bonds and "Dumb Money" - the Message of the Yield Gap

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- by New Deal democrat On Friday, I wrote that Main Street was still the "dumb money" because, after having bought stocks with w...

Yesterday's Market

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The treasury market has been a key reason for the stock market's lack of conviction. However, that may be about to change. The 7-10 yea...
Friday, September 10, 2010

Weekend Weimar and Beagle

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It's that time of the week. We'll be back on Monday AM. Until then ....

Weekly Indicators: Hindenberg Contrary Omen edition

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- by New Deal democrat Well, so far the Hindenberg Omen isn't turning out to be such an oracle of truth, but instead might be termed the...

The Beige Book, Part II

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Let's continue our look at the Beige Book by focusing on manufacturing. Manufacturing activity expanded further on balance, although t...

Main Street is still the "Dumb Money"

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- by New Deal democrat As seasoned market watchers know, the price to earnings ratio, or p/e, is a measure of enthusiasm for stocks. It i...

Yesterday's Market

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Yesterday, prices gapped higher at the open (a), but quickly started to move lower (b) eventually finding support near the 20 minute EMA (c)...
Thursday, September 9, 2010

Why is the Economy Slowing Down?

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Consider these charts: MZM has actually contract on a year over year basis over about the last month. In addition: Velocity has dropped as ...

The Beige Book, Part I

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Yesterday, the Federal Reserve released the Beige Book. This is one of my favorite documents because it allows us to take a fairly regular...
Wednesday, September 8, 2010

Yesterday's Market

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I want to start with the bond market today, because the bond market has been a huge beneficiary of an increased concern on the part of inves...
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