Professional Edition

Election Eve Largess Stokes Rally – WSE Pro

Flush with government largess on election eve, the market rocketed higher on Monday. The Fed pumped in $10.75 billion with overnight repos. They conveniently had scheduled no expirations today. Last week, the Treasury announced a $25 billion debt paydown in the three year and 10 year note refunding, only half of which will stick around,…

Signs of Exhaustion -WSE Pro

Broad market indicators and stock screen data weakened as stocks marked time on Thursday. The foreign central bank indicator dropped sharply and is on the verge of a sell signal. Overall 6 month cycle status in the screens tipped to the sell side for the first time since July 24. Click here to download complete…

Acting Its Age

The market is in the 6 month cycle high time window, and it’s beginning to act like it. The majority of short term and intermediate indicators have gradually ticked to the sell side over the last few days. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk…

Fed Brinksmanship

The System Open Market Account (SOMA) reached the top of the 5 month flat channel and the underside of the 5% long term growth channel on Tuesday, before pulling back today. To maintain the 5% growth rate in the SOMA, the Fed will need to keep pumping through the top of the flat pattern. Otherwise…