This is for the Treasury market. Proxy TLT. Originally posted at the Daily Stool.
The market “should” be in launch mode right now. This doesn’t look like a launch to me.
The bad news is that the 13 week cycle up phase has been weak, and is on the brink of failure. The worse news is…
We have a darn good idea of when the US Government will run out of money. We know when it will start slamming the market with even more supply. Huge supply. Record supply. The biggest baddest, most persistent tsunami of supply in history.
It will wipe out everything in its path. There will be no escape.
Originally posted at The Daily Stool. Was Friday’s surge a breakout? Nope. They fell 10 points short on the S&P fucutures. But first comes the…
I’m running way late this morning. We just started daylight savings time here in Europe this weekend, and I overschlepped. So I’ll just start with this and get back to you shortly.
Play Ball! Stock Market Swings For the Fences in Season Opener
…
Friday’s rally appears to support that we’re in the early days of a 6 month cycle up phase. We have been expecting it in this…
On February 23, the US Treasury pumped $55 billion in cash into the accounts of Primary Dealers, banks, money market funds, and other institutions who…
Reposted from The Daily Stool at The Stool Pigeon’s Wire. Meanwhile, back at the market, the futures extended the rally in Asia, but Europe woke…
The tally on my daily technical stock screens of 9000 issues on the NYSE and Nadsacs was 18 bullish and 26 bearish. That’s the best bullish showing in 9 days. But it was still wasn’t quite bullish overall. Here’s the list for your viewing pleasure.