DVP (Delivery versus payment) Repo, which is the bulk of the repo market, made a new high last week, supporting a bullish trend in stocks.…
So I looked at my phone this morning and I saw that the market was pulling back. Opened my computer to give you the usual morning update and this is what I saw.
I wondered if it was a sign. So I waited.
And I waited some more.
A…
Whereas, in the course of human events… Non-subscribers, click here for access. Subscribers, click here to download the report. Wait! Who starts a report with “Whereas!”…
Whereas, in the course of human events… Non-subscribers, click here for access. Subscribers, click here to download the report. Wait! Who starts a report with “Whereas!”…
Yes, that’s right stocks fans. They’re lined up at the starting gate ready to run again. The 5 day cycle projection on the ES now looks 5475-85. The first support line rises to 5470 at the New York close. They gotta break that to begin to break the upt…
Today, I’m on a train again, sort of like the market. Chugga chugga choo choo. I’ll check in when connections are available.
I will also work on a Liquidity Trader Money Trends update. On the Treasury supply front at least, there’s nothing to stop…
The ES futures made a new rally high at 3 AM ET, then pulled back. The high was accompanied by a negative divergence in hourly oscillators. However, that isn’t always meaningful. It would only be so if both the market averages and the indicators break …
The signals suggest that we caught an important turn here. On Friday, 534 short term buy signals and 133 short-term sell signals triggered, out of…
Yes it ticks me off. I had been warning about the buildup of leverage for months. Now that the inevitable unwinding has begun we’re starting to see the usual after the fact explanations. Where were the @WSJ and @CNBC when these problems were building u…
This week is pivotal to the cycle outlook. The 6-month cycle topped out too early, well ahead of its ideal time window. This leaves the…