Now that we have an open admission from the Fed that their balance sheet expansion is exacerbating asset prices and creating excess and imbalances (see Ghosts of 2000) the term bubble can […]
Popping the Bubble
Technical Setup: Gold
Time to follow up on a technical set up I had posted publicly on Gold in October. Remember big swings are a journey in patience not a sprint in day trading panic. […]
$VIX 46
A brief follow up to the $VIX discussion in this weekend’s 2020 Vision market update: US markets experienced two major volatility events with $VIX running above 40 twice during the past 4 […]
2020 Vision
2019 was the great masking. 2020 will be all about the great unmasking and control. In 2019 central banks once again succeeded in masking all the underlying problems in the economy, the […]
Risk
2020 is off to the same start as 2019 ended: Trade optimism, liquidity injections and rising markets. I’ll offer a more in depth analysis in the days to come, but wanted to […]
It’s Not Over
Central banks came, saw, and saved everything again and set the global economy back on a path of reflation or so go many market narratives being sold to the public these days […]
MSFT Correction
Poor Bill Gates. He’s very much dedicated to philanthropy and giving away all his vast wealth, yet he can’t help getting richer every day and is once again the richest person in […]
AAPL Correction
In our new risk free market, party like it’s 1999 environment with imbalances running wild and S&P 500 price targets being raised almost daily it may be silly to speak of any […]
Imbalance II
Oh the irony. It was exactly a year ago today, December 23, 2018, when I made the case for a technical bullish reconnect of markets that had overshot to the downside. Back […]
Party like it’s 1999
Has the Fed been forced into the type of asset price inflation that actually will be the cause of the next recession? And may that recession be unavoidable despite everybody now ringing […]
SELL
How to assess risk in a risk free world? Stocks are relentlessly bid up like taped bananas on a wall with charts taking on banana like shapes: Inverted, pointing relentlessly north. “Melt-up […]
The Key
After weeks of rallying on low volume on virtually no 2 way price discovery and relentless volatility compression the inevitable has happened: $VIX has busted out of its latest compression phase for […]
