The Dow Jones Industrials --- A Blue Chip Average No More
To most investors, the DJIA provides all of the information they think they need, and they worship it mindlessly, thinking that this time tattered average has mystical predictive and analytic powers far beyond the scope of any other market number. It's Wall Street's rendition of 'The Emperor's New Clothes'.
Today, yields on the 10 and 30 year U.S. Treasury Note are declining sharply after the U.S Treasury auctioned off $24 billion in 10 year T-notes. Yesterday, the demand for the T-notes was nonexistent as yields spiked higher. Has anyone noticed that after a bad bond auction the very next day there is so much demand for T-notes in the next auction. Who is buying these T-notes today?
The Elliott Wave International Argument: A Critical Analysis of Robert Prechter and EWI (Part 2)
In the first installment of this series )http://www.thebullbear.com/profiles/blogs/the-ewi-argument-a-critica), I examined Robert Prechter and Elliott Wave International's current wave analysis and proposed some alternate views. In this segment I will examine EWI's market timing record. First, I'll run down the history of EWI's market calls from March 2009 to present.
02/03/10 Oscar points out the bull & bear flags in the Bond Market
After forty years of investing, a few things become clear: you need to focus on quality securities, diversify properly, and develop a lifetime supply of income. Income portfolio management is a puzzle in its own right, and the major problem is focus --- income is king. Losing market value and losing money are two totally different things.
Investors continued to pile into bonds through October 15th; however, going into November it appears investors were beginning to grow wary of bond investments. One type of fixed income investment that historically has performed well in a rising interest rate environment is bank loan funds. This article details the performance of these funds in a rising rate environment....
IGVSI Rally Continues - Profit Taking Opportunities Take the Spotlight!
The Market Cycle Investment Management model has outperformed the popular investment indices since it was first developed in 1970. It features an approach that embraces market volatility; selects securities using strict quality, diversification, and income standards; and operates under strict disciplines for asset allocation, buying securities, and profit taking.
Treasury Bonds Higher; Stocks Mixed as Economy Sputters Along
December Treasury Bonds Post Daily Reversal Bottom
After early session pressure, the December Treasury Bonds posted a daily closing price reversal bottom which may be an indication that it has run out of sellers.
Thursday’s action suggests that traders may have begun the process of squaring up short positions ahead of next week’s Federal Open Market Committee meeting.