Bond(IEF) Update

Bond(IEF) Update

The IEF Index(iShares Barclays 7-10 Year Bond ETF) is dipping below last week’s low this morning.  Last week the IEF posted its best daily close of 2019.  The $107.00 area, which has now capped the March and May highs, is looking rather ominous.  In the near...
Bonds Look Toppy

Bonds Look Toppy

Bonds have backed off quite a bit from the highs of the week.  This morning’s solid GDP numbers are certainly adding selling pressure.  The IEF(iShares Barclays 7-10 Year Treasury Bond Fund) is tracing out a key downside reversal on the weekly chart.  The...
After The The Selling Wave

After The The Selling Wave

Stocks experienced a dramatic sell off in December.  Bonds were also under extreme pressure as negative sentiment surged to levels not seen before.  What followed?  Through seven sessions in the new year the S&P 500 Index is off to its best start in 13 years. More...
AGG Update

AGG Update

Bonds return to trendline support.  The $AGG(iShares Barclays Aggregate Bond Fund) has backed off a bit since last week’s powerful surge.  The index is sitting just above initial support now.  This area runs from $106.50 to $106.20.