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....
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...
$AGG(Bonds) Update

$AGG(Bonds) Update

Despite the steep sell off in the stock market over the previous three sessions(S&P 500 Index down 4%) the $AGG has struggled to gain ground.  The declining 200D MAV continues to provide heavy resistance.  A clear break through the $105.80 area could spark a...