From the Desk of Ian Culley @Ianculley

Bonds are an absolute dumpster fire. 

Everyone knows fixed income is having one of its worst years on record. And, from the looks...

From the Desk of Ian Culley @Ianculley

Bonds have stopped falling across the board!

That doesn’t mean it’s time to go all in. Tactically, it’s difficult to get behind...

This is the video recording of the October 2022 Mid-month Conference Call.

We discussed:

• The DJ Industrial Avg at the Pre-Covid Highs
• Fewer Stocks are making New Lows
• Small-...

From the Desk of Ian Culley @Ianculley

Don’t catch falling knives!

It sounds simple enough. But in reality, traders continue to lose fingers as they reach for downtrending assets.

Diving after downtrends isn’t one of...

From the Desk of Ian Culley @Ianculley

If you can pry your eyes from the UK gilt and Credit Suisse articles, you’ll find it’s not all doom and gloom across the bond market –...

This is the video recording of our October 3rd Monthly Charts Live Strategy Session

From the Desk of Ian Culley @Ianculley

Don’t let credit spreads fool you. 

High-yield debt hasn’t blown out relative to Treasuries. Regardless, the largest markets in the world are buckling under pressure.

You have to look...

From the Desk of Ian Culley @Ianculley

On Wednesday afternoon, the Federal Reserve announced another 75-basis-point rate hike following its September policy meeting. 

Yields across the curve...

This is the video recording of the September 2022 Mid-month Conference Call.

We discussed:

• What's the Bear Case?
• One of worst starts to year for 60/40 portfolio in history
• The...

From the Desk of Ian Culley @Ianculley

Interest rates have resumed their ascent following a brief summer pause. And, in recent weeks, their climb has accelerated.

Aside...

From the Desk of Ian Culley @Ianculley

After Federal Reserve Chair Jerome Powell’s remarks this morning, the market is pricing in an 86% chance of a 75-basis-point hike later this month. 

Meanwhile, rates continue to accelerate at...

This is the video recording of our September 6th Monthly Charts Live Strategy Session

From the Desk of Ian Culley @Ianculley

Heading into Q3, we wanted to play a mean-reversion bounce in US treasury bonds. A long list of reasons supported this position:...

From the Desk of Ian Culley @Ianculley

Identifying trends is one of the most important jobs of a market technician. Regardless of our time horizon, we have to understand the general direction the market is taking.

It sounds...

From the Desk of  Ian Culley @Ianculley

The market environment has been shifting in favor of the bulls all summer.

Breadth thrusts are firing as participation beneath the surface expands. Risk assets – commodities and stocks alike...

From the Desk of  Ian Culley @Ianculley

More pieces of the puzzle are falling into place for the bulls.

We’ve been pounding the table about the dollar and rates for...