It’s such a momentous thing that I will lead off with it today. The bellwether 10 year Treasury Yield hit 4.98 this morning and still looks poised to go much higher. There’s an intermediate cycle projection of 5.35.
I turned bearish on bonds way …
The market has flipped and flopped wildly since October 10, like a fish out of water. Which way it goes next is anybody’s guess. But it has successfully digested a deluge of Treasury supply over the past couple of days and stocks haven’t buckled. There…
Thanks to problems with my Windoze operating system, this will be an interim update, just for existing picks. I hope to have the operating system…
A stalled, messy, rangebound market leaves a chopped up chart picture on the ES 24 hour S&P futures. But a 5 day cycle projection points to 4400. So I have both longs and shorts in my trading port today. Of course I expect to profit from neither. T…
Events have triggered a turn in gold. Here’s why it’s likely to stick, and for how long, and how far. Non-subscribers click here for…
We’re about to find out as the ES, 24 hour S&P futures come off what should be a 5 day cycle low and reach the first area of trend resistance. That’s as of 8:15 AM in New York, with resistance indicated around 4345 to 4355 coming into the New York …
I give an very slight edge that the market will go this way on the basis of the 6 month cycle, but other indications suggest…
This report was originally sent yesterday under the wrong headline. Mid-July was a period of extreme risk in dealer positioning. The subsequent weeks until October…
Mid-July was a period of extreme risk in dealer positioning. The subsequent weeks until October 4 indicated a shift toward deleveraging that could become persistent,…
For large parts of the past two years, inflation has been a major concern for millions of Americans, as the significant increase in prices for many day-to-day purchases has eaten away at their buying power. Not only has inflation neutralized any pay in…
