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Technical Analysis: Bonds Catch a Bid

Published by: jack 2008-11-20

GRMN- GARMIN LIMITED At A Glance - Forbes.com::
Tech Sciences & Medicine Bonds Commodities Currencies Economy A handful of low-debt firms in good position to grow profits and catch investors
http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlancp?tkr=+GRMN&partner=links
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An important move for bonds (first chart below) today, particularly since bonds have historically led stocks. Bond yields may finally be heading in the right direction here. The rest of the market held up well considering the uninspiring technical setups heading into today. The Nasdaq (second chart) recovered nicely off the lows today. Support is 2182, 2175 and 2163-2167, and resistance is 2200, 2207 and 2220-2230. The S&P (third chart) has support at 1225-1227, 1220 and 1215-1216, and resistance is 1238 and 1240-1246. The Dow (fourth chart) faces resistance between 10,712 and 10,753, and support is 10,650-10,670, 10,600-10,620 and 10,500-10,520.

Point and Figure Charting: Technical Analysis Using Point and Figure ::
mentioned the AGG (iShares Lehman Aggregate Bond Fund) as a place to put some money. Right now it is bid at 57.85. Slightly higher than yesterdays close
http://investment.suite101.com/article.cfm/point_and_figure_charting
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FXstreet.com Live Sessions Archives:::
research and analysis of high yield bonds, corporate bankruptcies, Continue reading Live Monthly Technical Analysis for the Currency Market
http://transcripts.fxstreet.com/2005/week31/index.html
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