Tag Archives: bonds
Everyone in financial media is now talking about Vanguard and how it controls more than 80% of the money invested in index funds. Have investors forgotten the recent brutality of the stock market or are they just convinced that another … Continue reading
Since the inception of TLT, a little less than 50% of the buy and hold gains have occurred on Fridays and that increases to nearly 100% after 2011. This calendar effect is a significant anomaly and shows that markets are … Continue reading
The most recent massive blow to naive charting in the bond market was delivered during 2011 when some saw an inverse head and shoulders in yields. There have been more since but with less impact. I have argued that trading … Continue reading
Higher returns in the bond market have come at higher risks. In the case of TLT, the 14-day ATR has almost doubled from December of last year and annualized standard deviation of daily returns has increased to 11.5%, matching that … Continue reading
According to a major financial website two famous investors declared bonds a bubble yesterday and argued that the only place to put money is stocks. This is an example of wishful thinking and shows a bias when analyzing markets that depends on personal goals but also … Continue reading
The 10-Year Note yield closed at 2.35% Friday after dropping as low as 2.30% during the day. Although the rally in bond prices has reached overbought levels, bond bears who were dreaming quick profits from a trend reversal last month are getting fried.