Today is a full moon. Traders never ignore that fact. But anyway, the charts are evolving after last weeks counter trend moves on stocks and interest rates. After discussing our regular blog with clients, we have decided to continue with…Continue Reading →
Stocks as expected bounced off the defensive 200 day average. Going Forward Changes For the past month we have shared some of our analysis charts that allow us to visualize the integrated factors that are involved in major Macro Decision…Continue Reading →
The Yield Curve continues to drive the action, the market is still buying the inflation/growth story and that is not good for stocks. So far the 200 day average on the S&P is providing a defense, but that will probably…Continue Reading →
A bit of excitement on CNBC this morning, Cramer says he feels terrorized by the 10 Year Bond. Yield Curve Flattening Trend Continues However nothing is changing on the downward flattening of the yield curve, (the difference between how the…Continue Reading →
In Total… The hope of the Global Growth story is firmly intact. The IMF and Global Central Bankers are holding on to the story. The markets are focused on rising interest rates, yet the yield curve continues to flatten. The…Continue Reading →
The stock market is trying hard, trying to ignore what is going on around it: The widely publicized Economic Growth Hope.. The Unfunded Tax Cuts… The Tariffs… FED interest rate policy… The Sanctions… and Peak Cycle earnings.. As outlined yesterday,…Continue Reading →
This morning in taking a look at the movement since the January 26 Swing Point, three things stand out, one is that while we see a little blip back in the yield curve, the biggest thing that has occurred is…Continue Reading →
What we are talking about here is the Market Fracture charts that we use to put a number on an economic environment and hopefully make sense of it. First, it feels good to have been outside the mainstream for the…Continue Reading →
Setup for Earnings. We got some bounce in stocks and commodities the past couple of days as we move into earnings season. The S&P resistance level of 2676 is being hit this morning in the pre-market session. Flattening Continues. Along…Continue Reading →
Today looks to be a reaction day, and setup for earnings tomorrow. So the S&P could pop up to 2676. This will be a major sell opportunity. The yield curve continued to flatten yesterday, reaching a new flattening low since…Continue Reading →