There is a Case Against China, But…

As the Macro Tourist lays out so well, things are not at all good in China’s economy and not likely to get better as the Politburo plays its long game against Trump’s short one. Best Way to Short China? But then why… this? Sure it’s not definitively broken out, but why has CHL gone from 43 to 52 since July? Why has TCEHY gone from … Continue reading There is a Case Against China, But…

GaryJanuary 23, 2019January 23, 2019

Stock Market, US

SPX ‘M’ Top and What Has Come After

This is the weekly chart of SPX and VIX that we used last year in NFTRH to plot a summer grind upward into what was projected as an ‘M’ double top situation. This was due to the unsustainable bearish sentiment that you can see portrayed by the February spike by the VIX in the lower panel. Our view was that this sentiment needed to be … Continue reading SPX ‘M’ Top and What Has Come After

GaryJanuary 23, 2019January 23, 2019