FEEDBoth on a fund level………..by way of XHB: And with individual securities, like KHB……….. Maybe “hosed” is overstating it, but let’s just agree that it looks way more like a “sell” at th…
The Fed may focus on reduced growth in household and corporate borrowings, while disregarding the paramount issue: ongoing booms in repo, money fund, broker/dealer, and ROW holdings. Resulting extraordinary liquidity excesses are fueling late-cycle speculative melt-up dynamics in equities, corporate Credit, crypto and the like.
Swing trade screens generated 32 charts which met all buy side criteria for visual review, and 28 which met all sell criteria for the week…
The ES 24 hour S&P futures projects to a 5 day cycle high of 5185, ideally due this afternoon. But a look at the hourly chart suggests that if they get that far, they’re going much, much higher. The conventional measured move target of yet another…
What else is new? The pattern on the hourly chart of the ES, 24 hour S&P futures is bullish again. It’s on its way to test the minor high of 5130. If they consolidate there, as I expect they will, the 5 day cycle projection would work out to around…
Cycles have gotten in gear to the upside, with most projections pointing to the xxxxxxxx area. The conventional measured move target of the base breakout…
If that was the extent of the correction, buckle up. A new 5 day cycle up phase is under way. We might see an interim 3 day cycle high on Thursday, but the next 5 day cycle high would be due ideally until Monday. So count on today being an upsy-daisy. …
A return to the scene of the crime is a regular feature of stock market breakouts. When prices break through a previous top, they run for a bit, but typically they then sneak back to the site of the break before going on the lam again.
That’s whe…
The Fed’s weekly real time balance sheet data and its slightly lagged data on the condition of the US banking system still show little sign…
If the rally doesn’t broaden and gain strength this week then it’s probably on its last legs, and set for a big correction. Any broadening…