While I await my strong USD trade to finally arrive (still leveraged short the Euro, long Euro-hedged European stocks)... or fail, I find another macro issue pretty interesting. Aside from…
I tend to cringe when newsletter writers, bloggers and various other would-be geniuses tout their winning calls because for every call broadcast to the world there are usually at least…
First off, part of my plan is and has been a stronger dollar to come (I finally shorted the Euro today to put my money where my mouth is on…
Reinforcing a theme we have been on, the Fed raised the Funds Rate (FFR) yesterday and it is clear that Republican fiscal policy will have to replace the previous 'lay…
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…
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…
Every once in a while I like to trot out the monthlies so we can refresh the big picture view. So, here they are on a few varied items. The…
I've been thinking about the current Fed Funds rate hike cycle, which is logically gaining forward momentum now that the Fed can stand down from its 8-year, ultra-lenient monetary policy…
Wow, what a stock! Okay, wait a minute; it's a cash equivalent in the form of very short-term Treasury Bills, and has only risen from 109.80 to 110.37. But it's…
The 30 year yield remains over bought (i.e. long-term bonds are very over sold) on the hysteria, and is a little red. The 10 year is still at its highs…
The 30yr-5yr curve is still rising and in the bottom panel the nominal 10 year yield is still rising. As such, the Vampire Squid (per this weekly NFTRH+ chart) is…
A few daily chart pictures to show some repairs in progress for 'gold vs.' other asset items, which also means degradation in progress for assets and markets positively correlated to…