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Insightful market commentary from a fresh perspective.
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6.5.13: Corporate High Yield (Junk Bond) Correction

June 5, 2013 Brian Gilmartin Leave a comment

  We put two weekly charts up this morning, the two corporate high-yield ETF’s, which show the junk bond market…

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Posted in: HYG, JNK, Uncategorized

6.1.13: SP 500 Earnings Update: Per One Strategist, 1,670 Days Without a 5% Correction in the Barclay’s Aggregate (AGG)

June 2, 2013 Brian Gilmartin Leave a comment

Question: Are higher interest rates bad for stock prices ? The conventional wisdom says yes, but the opposite case can…

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Posted in: AGG, Bond Funds, Bond Market(s), bond proxy, Facebook (FB), FB, HYG, JNK, TBF - inverse Treasury, Uncategorized

5.30.13: Nikkei Correction – It Was Needed – Still Think it is Normal

May 30, 2013 Brian Gilmartin Leave a comment

Japan’s Nikkei 225 (similar to the Dow Jones in that it is the most oft-quoted stock market barometer) had a…

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Posted in: Japan and Nikkei

5.29.13: Utilities and Telco’s – The Bond Proxy Trade is Ending (No Surprise)

May 29, 2013 Brian Gilmartin Leave a comment

Yesterday, we posted an ugly daily chart on the Dow Jones Utility Average. Today, we look at the “monthly” Utility…

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Posted in: bond proxy, Utilities, VZ

5.28.13: Utility Average A “Bond Proxy” – Chart looks Ugly

May 28, 2013 Brian Gilmartin Leave a comment

Back in the 1990’s I would always hear portfolio managers talk about the correlation between interest rates and the utility…

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Posted in: Utilities

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