They’re killin’ us with boredom.
The old guys used to say, “Never short a dull market.” Well, I disagree this time.
But I don’t know for sure of course. There’s a very narrow decision zone on the ES S&P 500 24 hour continuous fuguetures. That’s 4125-4165. Once they trade outside of that range, they should be on their way. Meanwhile, go back to sleep.
Meanwhile, the 13 week bill keeps showing the Fed where to go.
The yield on the 10 year Treasury is getting set to blow the roof off.
Neither of these have anything to do with inflation. They have everything to do with supply and demand. QT, baby! https://liquiditytrader.com/index.php/2022/06/01/quantitative-tightening-is-here-and-the-effect-will-be-devastating/
Meanwhile, BTC continues to demonstrate what a worthless piece of trash that will endlessly and infinitely trend toward zero, looks like. We’re on the doorstep of the next leg down. All crypto is worthless. New cryptos multiply like roaches. Infinite supply, limited demand. Target zero on all of them. They’ll never get there, but watching them eternally halve should be interesting.
Meanwhile, if you want to understand the big picture, with clear analysis that has been mostly right for the past 22 years, and with strategic and tactical suggestions, plus actual trading ideas, check out this list of summary pieces over at Liquidity Trader. 90 day risk free trial for new recruits to the cause!
- Like Pulling Gold Teeth June 7, 2022
- Swing Trade Screens – Dipping A Short Toe Before the Next Big Wave June 6, 2022
- Here’s Why It’s Too Soon to Go Short Again (Mostly)June 6, 2022
- The US Economy, Including Jobs, Collapsed in May June 2, 2022
- Quantitative Tightening is Here, and the Effect Will Be Devastating June 1, 2022
- A Great Week for Swing Trade Screen Picks May 31, 2022
- We Hold Our Gold Miners, Add Another May 24, 2022
- Stocks Are Ahead of the Curve May 23, 2022
- Dealer Positions Show It’s Not Getting Better and It Should Get Worse May 15, 2022
If you’re serious about the underlying forces of supply and demand that drive the markets, join me!
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