Composite liquidity continues to rise, but at a slower pace than in the second quarter as the Fed has slowed QE. That reduces the cash flowing into Primary Dealer accounts, which in turn contributes to a slowing in secondary liquidity drivers.
“Slowing” is a relative word, however. Historically, the numbers remain gargantuan.
No, something else is holding the market back. Here’s what that something is, and what we’re going to do about it.
An important low is due right now but bears have a chance to break the market. This report shows you the setup and gives you picks to play both ways. Current long/short swing trade chart picks are up 6.9% (100% cash basis) on average, with an average holding period of 3 weeks. This week I added 3 short and 3…
The setups have strengthened. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big moves in stocks and bonds, just follow the money. Lee Adler’s Liquidity Trader tracks and shows you the monetary…
It took all day, but they finally mounted a short covering stampede in yesterday’s last hour. The result left the market shy of repairing the breakdown. The indicators are ambiguous this morning. They’re not signaling yet whether there’s a second roun…
The ES fuctures are up 22 points from their overnight low here at 5:25 AM ET, but that’s still down 46 from Friday’s close. It ran into multiple support lines and levels and blew away a 5 day cycle projection of 3260 at the low of 3248. The hourly indi…
From the bowels of the NY Fed
Call me a cranky old man. OK. So that’s been true forever. But I’m not convinced yet that this is a bearish setup. At least in the very short run.
That said, if they can’t poke through 3365 in the early going in NY, I’m converting back to my nat…
Direct from the bowels of the NY Fed
There’s good reason to think that a 13 week cycle low is forming despite lower projections.
Student loan debt is at an all-time high in the U.S., growing at an unprecedented rate over the past two decades. New data shows just how student debt has outpaced other household debt like home, auto and credit card. In data from the New York Fed Cons…
The U.S. and Europe have steadily reduced harmful greenhouse gas emissions over the last two decades, as a boost in renewable energy and a decline in dirty fossil fuel production have contributed to a sustainable downward trend. However, another major …
FEEDI had the best day on Monday that I’ve had in a long, long time. Want to know my favorite part? It was the final hour of the day, when the Federal Reserve fell all over itself buying stocks (through its proxy, Blackrock) in order to give this…
In retrospect, we should have seen the outcome of this a mile away.
