I get a little uncomfortable piling on to the case that is so obviously on display right now; the bearish one. But Jesse Felder draws some pretty good parallels to…
Tell me, is it good that the Yield Curve has not come close to the dynamic quick fire performance it had during the February market disturbance? Why, today it even…
This morning is interesting. As we have been noting, there has been a contrary setup in the bond market and we are watching for a potential failure in long-term yields.…
I like the way Kevin Muir writes. I like the pictures he uses with the funny captions, and I like the things he writes because these things betray a thinking…
I see plenty of people out there shorting and looking good right now. However, I will simply not short stocks or markets that are in uptrends but pulling back. Now,…
[edit] As if on cue, out comes Anthony B. Sanders with... US Housing Starts Plunge Under Rising Interest Rates I agree with you, this does not look healthy. And this…
The flattening yield curve has attended the boom in the US economy and the bull in the US stock market. A change in the flattening status will change the dynamics…
We are operating to an SPX target that is well higher; 3000+. That has been the case ever since SPX broke out of the red box shown here. Before that…
USD is at at the center of everything right now. It dropped and the global anti-USD trade bounced, as expected. We targeted the 200 day moving average on USD if…
Okay, this has got my full attention now. While long-term interest rates do this... ...and this... The nominal Bank index is still doing this... While the S&P 500 and most…
Here's the thing, historicals and analogs fail to repeat all the time. Just ask Tom McClellan... What Happened to the Eurodollar COT Model? Or just ask me as I once…
Dow remains at the crossroads of pleasure and pain. Resistance continues to hold as of now. SPX bulled through resistance, made some "all-time highs!" headlines in the media and reversed.…
See, here is Amigo #1 (SPX/Gold ratio) on the left, having such a great time he's riding one-handed and with his eyes closed. Ye ha! Looks like someone's about to…
[edit] A subscriber reminds me that tomorrow is SOMA day at the Fed, further complicating things. Ref. this post from mid-month: SOMA That End of Month Bearishness?. At least that…