CUSIP: 912797FL6Term and Type: 43-Day BillCMB: YesOffering Amount: 70 BillionAnnouncement Date: 10/05/2023Auction Date: 10/10/2023Issue Date: 10/12/2023Maturity Date: 11/24/2023PDF | XML
The expected breakdown has occurred. But most of the short term damage may already be done. Cycle projections only point to as low as xxxx-xxxx,…
Yesterday’s rally did not break the 2 1/2 week downtrend in the ES, 24 hour futures. To do that would require a New York closing price above 4280. At this point, that looks unlikely. The 5 day cycle indicators suggest top formation is now underway as o…
Which stupid Wall Street is finally starting to recognize. You would think that after 3 years of a bond bear market they would have understood…
Follow me. Go in here and take your clothes off. The bottom will be with you shortly.
How do I know this. I spent the last two days unwinding all the asinine long positions in my trading port and by late yesterday had gotten completely flat, whil…
The market has now been making lower highs and lower lows for two months. If that’s not a bear market…
Yesterday was ill liquidity exemplified. Ill liquidity is a sickness caused by a shortage of money. There’s a shortage of money because the US…
Europe first bought the news that a US government shutdown had been averted. Then they started having second thoughts. US traders have started sitting at their screens in the past few minutes and the added to the selling, but without reckless abandon. …
For a change, the screens produced more charts for final visual review on the buy side than the sell side, with 42 buys and 38…
There were more hints of a xxx xxxx xxxxx low last week, but hints do not a bottom make, especially if this is a new…
October has a reputation for crashes and bottoms. Bears are fervently hoping for a repeat. Prime Time for Danger and Opportunity But it doesn’t look like will start early. The hourly chart of the ES, 24 hour S&P fugutures is looking pretty bullish,…