Bonds getting a bid after US housing data showing a recession. If the breakout is real we shouldn't see 139 again. This may be beginning of the "rush to safety". Nothing confirmed as of yet. www.cnbc.com
Possible inverted head and shoulders pattern points to target of 153. Wait for break above neckline and then retest for long entry.
BND looks to have finished it's C wave and now getting ready to rally past most expectations. On the BND ETF, it should make new highs. Strong weekly bullish divergence and A=C 1.272 which is a very common extension for C. For those looking for a fundamental reason for bonds to rally, I recommend David Rosenberg's excellent interview a few days ago on Wealthtrack...
The rush to bonds by the big funds will be breathtaking. As you may or not know I have been extremely bearish on big tech for a few months, now we are seeing that come to fruition. This chart is qqq divided by bonds (bnd etf). As this comes down, it indicates that bonds will retain or gain value vs tech. This may be the most important financial rotation in our lifetime.
Spy vs Bond ratio chart. An uptrend means that bonds are outperforming spy. Monthly bull divergences, monthly PPO about to cross bullish, Slow Stochastic over 21 for the first time in 2 years. This is a generational opportunity for bonds. Chances are good that the economy tanks mid-year and Powell and the other geniuses at the FED rethink the rate hike strategy,...
Monthly Elliot impulse wave of bonds. Yield up price down.
Sell from current and 459, stop 525, target 1 Sales from weekly and monthly commercial interests. Stop at 525. Risk 80% of the promise. Closing 50% of the position at 270
BMO Asia Investment Grade Bond ETF 3141. HK vs. BND , EURUSD , UDN and Hang Seng Index - on separate scales
BMO Asia Investment Grade Bond ETF 3141.HK vs. BND, EURUSD, UDN and Hang Seng Index
GBPUSD still in my GOLDEN FIBO RETRACEMENT zone. waiting for how the price will react in the zone. i still look for long until at around the blue horizontal line which in HNS daily if you can notice it.
This chart illustrates the increasing importance of cheap money, which is being driven by buybacks. Once interest rates get to a certain point (via Eurodollar futures ) the S&P 500 falls apart. The point at which it falls apart seems to be dependent on a certain downward-sloping level. Historically, interest rates prairie dog above the meme line for a bit but...
When plumbing works well, you don’t need to think about it. That’s usually the case with a vital but obscure part of the financial system known as the repo market. Bank of International Settlements has been reporting some very interesting documents connecting overleverage by MULTIPLE hedge funds (potentially even my hero Ray at Bridgewater) in the overnight...
updating the previous chart to look at how this is behaving. Keeps retesting neckline, yet it keeps getting rejected. If broken, this will rally a bit, but I still expect this to head south significantly.
For BND...the 79.80 level is where the problems are. If it breaks up through the 79.80 level decisively the entire Yield Curve will have to invert until everything unwinds. A rejection would be tell tale of Central Bank intervention. They would be buying stocks and forcing everyone into stocks instead of Bonds.
Us Bond Market Curiously the bond market closed down .23% on Friday while the us 10 year also closed down 1.2% however the us 5 year closed up 1.19% . Does anybody see a disconnect in this relationship ? I believe us treasury debt is quietly being sold off by china, russia and others as they have do not have the need to hold us debt in the same way as they...
Equity futures all down big earlier this morning. Now at the open the "bnd" bond market is bid higher in an attempt to prop up equity's So far it is working but will it hold ?
Textbook consolidation as we wait for more signals from the FOMC. Fed futures showing no hike in March but two hikes by December, expect another leg up once subsequent meetings start pricing in. Good time to scale in.
Price action today is confirming the trend. Worth watching as traders seem to be pricing back in a "lower for longer" trajectory on interest rates.