<insert here> the usual wording about indicators being conditions or guides, not directors... I usually look at the CoT data for gold and silver, but once in a while going…
A search on Google shows that the term "rising interest rates" is gaining popularity and that media items are showing up in increasing volumes. But also that there could still…
From yesterday's post, with regard to the 10yr-2yr spread... "When it drops while yields rise a normal or at least sedate situation is indicated, as inflation is rising but to…
The yield curve (10-2yr) is dropping while nominal yields rise. Typically, that is gold adversarial. Meanwhile, USD turns former resistance to tentative support as the bounce/recovery continues. The next resistance…
It is too early to call it a confirmed breakout, but the Bank index has popped above cyclical bull market highs. Weekly MACD and RSI both look good. The monthly…
The 10 vs. 2 year yield spread is up slightly and the 30 vs. 2 is up significantly. This continues a trend of late that brings the yield curve further…
The Yield Curve is rising today while nominal yields drop. This continues the gentle uptrend that these spreads have been in lately. Again we state that gently rising is one…
In the previous post we noted how the 10 year vs. 2 year spread closed yesterday (among other things). Today that spread is rising with all nominal yields rising as…
There is so much data flying around out there. From the Credit data we reviewed yesterday to weakening manufacturing and exports to employment up nicely one month and down big…
I have a short position against the S&P 500 and despite Friday's EoD reversal and yesterday's down day, as noted to subscribers in an update, I don't feel very good…
The 10→5→2 spread is settling down again today, with all yields down. There is little sign of systemic stress today by this measure, although a more risk 'ON' look would…
One thing I like about volatility; it is predictable when it becomes a cycle. That's not to say this volatile up and down phase will last. Indeed, it won't. It…
Yields down, curve up. The mini-trend (and risk 'OFF') continues. 30 vs. 5 for your real-time reference... This financial market disturbance is now looking pretty Octobery. That one drew out…
Once again, yields down, curve up. Risk obviously... 'OFF'. Bigger picture, it's in a down trend until it isn't. Here's the weekly view at yesterday's close.