alice

NFTRH; The US Stock Market’s Ample Signaling Beneath the Surface (high priority)

While the US stock market is generally testing the 200 day moving averages, it is not as simple for the bulls as just a technical test for the indexes. The higher highs of September to February were attended by degrading internals like flagging leadership (ex. Semi to Tech, Tech to broad market), rotation into defensive areas and worsening market breadth by indicators like Advance/Decline, Equal … Continue reading NFTRH; The US Stock Market’s Ample Signaling Beneath the Surface (high priority)

The Curious Case of the Banks Continues

Curiously, in a rising long-term interest rate environment… The Banks are still dropping. The Banks are still dropping harder than the S&P 500 (SPY). Despite the yield curve, which is still intact to its bounce (steepening) potential. A steepening yield curve would theoretically improve banking business from a borrow short, lend long perspective. Unless of course a steepening yield curve were foretelling an economic slowdown, … Continue reading The Curious Case of the Banks Continues

Homies & Real Estate: Does This Look Healthy?

[edit] As if on cue, out comes Anthony B. Sanders with… US Housing Starts Plunge Under Rising Interest Rates I agree with you, this does not look healthy. And this has been trending down on an intermediate basis. While these continue to rise. The measured target on the 30yr yield being above 3.5%. As the month of October moves past its half way point Q4 … Continue reading Homies & Real Estate: Does This Look Healthy?