I want to share some historical work done by Sentimentrader about the current setup in Treasury bonds. A caveat is that I think ST is a little convoluted in their…
Now, what does it mean? Is it an ill-fated bounce or something more? The Vampire Squid is typical of what I am seeing in many Financials/Banks. GS has taken out…
Any discussion of the banks and greater Financials sector has to include a discussion about interest rates. I believe that long-term interest rates will eventually work higher and if that…
Much like the previous update on the Small Caps assumes a short-term bearish view on the USD, this update assumes a short-term bullish view on long-term Treasury yields (the recent…
We have been waiting to clear the Trade War noise and get to the meat of what will really drive the market view this summer; that is earnings season and…
As everybody knows, long-term interest rates have been rising since the beginning of September, well before the FOMC supposedly surprised markets with a lean to a hawkish stance (for December)…
Profit taken on the still much ugly DBC, which has dropped to potential support. Loss taken on GDX, which was overseeing the hold and additions of longs that look like…
This post started off as a simple one on the Financials, but then riffed along into yield dynamics and the contrary bond play - of a much different kind that…
Want to see some different flavors of bearish? Well here they are. The Financials are dropping to the neckline of a bearish pattern once again. I am already short (via…
Just because I have an interest on a macro level (interest rates and the dynamics therein) with rates being key to all other markets and because I have an interest…
With respect to yesterday's post, the 10yr yield has crept above the SMA 50 while the Financials and Banks seem to be thinking about it, pondering. It would seem almost…
The 10yr yield has formed a pattern that has some potential at least. On its own it does not support a bullish view on yields (bearish on bonds), but suffice…
We have shorted GS, longed GS and shorted it again (NFTRH+); all for profit (if only all trades worked so well). We also had a successful short setup on the…
On the other side of the equation from the earlier GDX update, we have the bearish Financials ETF XLF, losing important support today. MACD, RSI and AROON are all down to boot.