Bond rally nearing an end?

Commodity prices ... cause they are in a bull market and in another leg up with crude and gold.

 

What information is fueling the another leg up in crude and gold?

 

Have no idea, EW technicals is all I know.
The overall market psychology for crude, gold and commodities remains bullish, for a few years now.

 

Bernanke's comment had the immediate effect of reducing the inflation-risk premium, which in turn supported bond prices. Since yields went down slightly without being accompanied by news of slower growth, there was no reason for commodities or stocks to go down.

 

Tell that to the guys in the futures pits

 

Well, that's what THEY're telling me.

 

Oh, sorry, now I understand what you're saying.

Stocks are going to go down. Maybe not just yet.
In fact, and you may quote me on this: most are the major markets are preparing to go down: stocks, crude, gold, commodities, but not bonds they will rally. It may take a few weeks to set up but it's going to happen soon.

Does any of this fit into your quanta?

 

I wasn't saying that much, just what I wrote and nothing more.

I see stocks stuck at 1310 for a few more days and bonds going up maybe next week.

 

Sounds like a good scenario to me.

 

The reason why the Fed is coming accross as dovish is because they have additional data that we don't have that makes them believe that the economy is slowing down, so markets and the Fed are not completely in tune right now. But they will soon, unless the Fed is wrong and the economy keeps roaring.