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Dr. Kris has two degrees from MIT because one just wasn't enough. Her life goal was to figure out the universe and having done that (at least to her satisfaction), she decided to tackle something even more difficult—the stock market. Applying the scientific method along with an insatiably... More
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  • Intraday Market Notes: Long T-Bonds Stumble -- August 15 0 comments
    Aug 15, 2012 3:07 PM | about stocks: TLT, TLO, TLH, IPE, TIP, IEF, ITE, MBB, LQD

    2:20 pm ET: Finally, a day when something is actually happening in the major averages--or rather, one major average. While the rest of them continue to snooze, someone has poked the Dow Transports (DTX) out of its slumber sparking a rally since the opening bell. This is really good news for the bulls as the DTX is viewed as a leader in market direction. A close at or above its intraday high at 513 could spell the end of its downward trending channel. Should that prove to be the case, can a rally in the other indices be far away?

    In bond news, Treasury bond funds took a hit as their support levels failed to hold. Longer-term bonds were punished the most as investors are expecting long-term interest rates to rise. Among the funds that took the hit are TLT, TLO, TLH, TIP, IPE, IEF, ITE. US government mortgage-backed securities bond fund MBB and widely held corporate investment grade bond fund LQD also failed support. Holders of any of these securities may wish to take note and perhaps adjust their portfolios accordingly as further downside appears likely.

    Themes: bonds Stocks: TLT, TLO, TLH, IPE, TIP, IEF, ITE, MBB, LQD
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  • Market Notes: Bullish Breakout In ChyronHego -- September 16 $KSS, $CHYR, $BBD
    about 11 hours ago
  • Intraday support/resistance: $SPX 1979/2006, $DTX 847/860, $DJIA 16985/17175, Nasdaq 4500/4570, $RUT 1141.5/1154.5; $VIX 12.85/14.55
    about 13 hours ago
  • Intraday support/resistance: $SPX 1978/1986, $DTX 849.3/854.7, $DJIA 16950/17040, Nasdaq 4498/4567, $RUT 1144/1160; $VIX 13.55/14.25
    1 day ago
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