Tuesday may have been about more than Italy
As one looks deeper into the data it would appear that Tuesday was the apex day when the Tax Cut Economic Hope trade exploded. See the Fracture Chart here.
As one looks deeper into the data it would appear that Tuesday was the apex day when the Tax Cut Economic Hope trade exploded. See the Fracture Chart here.
A little volatility on Italy and then back to square one. Data through 11:00 AM CDT today. Yield Curve continues to flatten but at a slower rate over past month.
As the puzzle unfolds it may be time to look at what would appear to be baked into the cake. For us it is: Higher Short term interest rates, Flattening Yield Curve Declining Stock Market And what sectors will be…Continue Reading →
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 →
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 →
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 →