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Category: Weekly Market Brief

Free Money Socialism

In lieu of my weekly technical update this opinion piece instead: The free money whores are back again. Harsh? Perhaps. Untrue? Not really. As I’ve stated before our market system is broken, […]

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Fed Games

Clever markets. Many index charts have camped themselves inside tight key price zones ahead of the Fed meeting this coming week leaving potential for important breakouts or equally important breakdowns. The trigger […]

Rescued

Unemployment at 50 year lows, S&P 500 near all time human history highs and rate cuts are all the rage. Markets were screaming rate cuts and the Fed dutifully complied, first Bullard, […]

Collapse

Let’s call a spade a spade: The month of May was a month of collapse. Collapse in bullish narratives, collapse in trade talks, collapse in yields, collapse in technical structures, collapse in […]

Toxic Mess

Market price discovery has become a toxic mess and traders have to adapt to changing conditions. Fast. Blending an understanding of technicals with a keen awareness of the outside influencing factors on […]

Reality Check

And then The Never Ending Market Rally ended. With a tweet no less and $VIX exploded 82% higher just days after $VIX futures net short positioning reached an all time high. Knuckleheads. […]

Mismatch

Oh dear. People are embracing the bubble and, as it happens in every bubble, fantastical narratives are emerging to justify the valuations and the price momentum as folks cannot square reality with […]

Mind The Gaps

Bears are rapidly losing the will to live, underinvested bulls are desperately waiting for a dip, any dip, to emerge to buy and the most complacent are rewarded with handsome gains. Welcome […]