I'm not the kind of guy that likes to give funny names to price patterns in the market. For me, it's more about the implications of that market behavior and less about what we call it. Today I want to take a look at US Treasury Bonds and what some...
As homo sapiens we're hard wired to feel the need to gossip. This goes back hundreds of thousands of years throughout evolution. We still see it today and through the speed of communication technology, that gossip gets amplified. While some would...
U.S. Treasury Bonds have gotten absolutely destroyed, particularly on the shorter end of the curve. With interest rates exploding higher, money has been flowing beautifully out of the bond market. We're obviously happy to see that. It took a little...
Long Precious Metals has been a big theme for us this year. I still think this is an area we need to be involved with and the weight-of-the-evidence is suggesting higher prices for the entire space.
The bond market is the biggest market in the world. Hello?
It's easy to get caught up in the daily noise about some crypto currency or a biotech stock. But these are tiny tiny tiny itsy bitsy little markets. The bond market is a real market,...
It's amazing how many people in this world completely ignore monthly charts. I never understood it. It's an exercise that only needs to be done once a month. It's not like eating healthy or working out that you have to do it consistently for it to...
This weekend was our second annual Chart Summit. I still can't believe all the amazing feedback that continues to come in after this event. Thank you all from the bottom of my heart, both the...
One of the things that often gets underrated is the power of simplicity. What's wrong with only looking at price and focusing in only on what matters most? I get that you love your moving averages and candlesticks and all sorts of momentum indicators...
One thing that often gets forgotten is that we don't live in a vacuum. Life in the market is not just about absolute performance, but about how assets behave relative to their peers. The stock market isn't the biggest game in town, it's the bond...
The noise machines are getting louder these days with Junk Bond Funds falling to levels not seen since March. You have the frustrated stock market bears data mining the heck out of everything trying to find something to justify their losing positions...
They say not to kick someone when they're down. But in the market it's the opposite. When they are down is exactly when you want to kick them. This is especially the case when they are down while other things are up. We don't want to be shorting the...
I can't tell you guys how important it is to stop whatever you're doing and take a step back. It's so easy for us to get caught up in the day to day noise and forget about the underlying trends in the market. We're human. We're built to be this way....
You guys know how much I like my intermarket analysis. It's a tool that we have as market participants that simply cannot be ignored. If you're putting together a portfolio for a client, managing your own account or just looking for major trends,...
The Bond Market is a very misunderstood place. Usually all we hear are complaints. Fed this, Yellen that, something about her books being beige. I don't know. I can't keep up anymore. To me the Bond Market is place to find information that we can't...
There is something fishy happening in the bond market these days. Sentiment is hitting historic bearish extremes as US Interest Rates have fallen over the past month. This to me seems like a "too little too late" sort of thing from those who...
US Treasury Bonds have been a market that we've been watching very closely over the past couple of months. Remember this had been a favorite short of mine since the Summer, but all of our downside targets were hit in the 4th quarter. Since then, it...
I love technical analysis. I really do. There's no question that finding a nice chart brings a great amount of joy to my life. Today I want to share with you what I think is one of the most important developments to occur over the past couple of...
Throughout the second half of 2016 I've remained in the camp that interest rates are going higher and that bonds are a fade. The action into 4th of July weekend originally put me in that camp and I continue to believe that, bigger picture, this is the...
You guys who have followed my work over the years know how many charts I look at on a daily and weekly basis. Believe it or not, it's probably even more than you think. Some things pique my interest more than others, of course, but it's the collective...
Over the last few years, all we've heard from the financial media and economists are how we're in a "rising rate environment" and interest rates are going up. They keep averaging down on their irresponsible calls because they can. They have no skin in...