$VIX is building another clean technical pattern. Recall this summer we identified a coming $VIX volatility spike informed by a pattern structure forming. Since that spike to 24/25 in August $VIX has […]
$VIX Getting Jiggy
The Key
Markets keep flirting with new highs following the recent rate cuts by the ECB and the Fed and keep rallying on trade optimism in the face of disappointing global economic data. While […]
The Bear Case
It’s a dirty job and someone has to do it. May as well be me and I’ll make the bear case here as difficult as it is. And I say difficult, because […]
A Curious Moment in Time
Please read this paragraph carefully: “Since last year real GDP growth has been slowing. The chair of the Federal Reserve has been signaling that, while growth is slowing, there is no recession […]
Playing with Fire
This week’s renewed move above 3,000 on $SPX prompted victory laps by bulls as the multiple expansion program inspired by central bank intervention and trade optimism once again dominated the market action. […]
Replay
Are markets setting up for a replay of last fall or we just drifting higher on hopium and coming successful central bank intervention? I remember last September very well. All our technical […]
Hopium
The first round in the Thunderdome goes to bulls as another hopium based rally emerged driven by relief headlines. First on the news that Hong Kong tensions appeared to defuse and then […]
Amazon Mystery
The tech run has been incredible over the past few years. The concentration in market cap in the $FAANG stocks in particular have been subject to much discussion and speculation. Too much […]
Measured Move
Having fun with the endless chop that started in early August? Markets are consolidating inside a well defined price range. 2945 on the top end and 2822 on the bottom end of […]
ThunderDome
Bull and bear are entering the Thunderdome in September and October and only one will emerge victoriously. Both have 5 known developments to contend with inside the dome: The Fed, the ECB, […]
Yield Me This
Continued carnage in yields with added yield curve inversions. Where does it end, how low can yields go on this run or are there signs of imminent reversal. Lots of questions to […]
Keep it Simple
Markets blow up on Friday on a series of tweets, markets jam higher on the pronouncement of dubious phone calls on Monday. The rapid back and forth has many heads spinning and […]
