Today is a bit of an anti-inflation, anti-value, pro-growth whiff as Tech stocks out-perform and long-term yields (but not the dogged yield curve) back off a bit. Also, there is…
I have little doubt this is going to fail as all other inflationary operations have done. It will either fail here in 2020 as a balls out good try by…
I have been noting that the HUI/SPX ratio can lose the SMA 200 and still be okay as long as it makes a higher low to June, a loss of…
Yesterday we noted 3 sectors very interested in and benefiting from the cyclicality of rising long-term Treasury yields for a day at least. But what if the move is real,…
RINF (inflation expectations gauge) is aligned with the view that markets are rotating, not ending. And that rotation, as of now at least, appears to be toward the cyclicals (and…
Broad Markets As noted this morning to subscriber R.D. who emailed talking about the rotation to value and how it appeared machine driven. R.D.... It does seem obvious to me…
Today came the happy - and inevitable - news. Some day on the horizon this effing virus is going to stop hanging over our shoulders. Some sectors especially appreciated the…
I have had an eye on PI for some time now, but it was (and still is) impaired by its hands-on consumer related customers' lack of engagement during COVID-19. Now,…
I have labored with this question for quite a while now. Would the Gold/SPX ratio hold support or lose it in favor of a fill of the February 'fear gap'?…
Not only are stock markets and yields rising, but so too is the yield curve steepening. Just a note that a process that has been in play since August 2019…
Bearing in mind the extreme correlation to this point between inverse USD and SPX... ...it is probably a good idea to keep an eye on Uncle Buck, who is holding…
Vaccine news hits the screens and voila... ES has popped a new high, following through on last week's joy. DXY is still bearish but holding support. Long-term Treasury yields are…
An enjoyable report to write will be the forebear of many more enjoyable reports to write if we get "follow-through" on various market impulses in the wake of the US…
PT boat on the way to Havana I used to make a living, man Pickin' the banana Now I'm a guide for the CIA Hooray! for the USA Well, I…