On the Edge of a Mind Numbing Rally in Stocks

The chief market manipulator can compress the scene for a long time, but at some point the compression of the Capital Markets says enough is enough. Factors hint that we are sitting there now.

Here is what I use as a capital markets estension and compression visual aid.

This capital markets swing chart is updated through today. 2022 Bottom was put in on 9-26-22, since then we have seen a compression of the reaction value factor. Calculation of the factor uses stocks, bonds, commodities, gold, and the dollar.