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Category: Weekly Market Brief

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 […]

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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 […]

Decision Time

The first quarter of 2019 was a smash hit for bulls. Capitulating central banks, record buybacks flushing the system with artificial liquidity, constant jawboning by dovish central bankers and permanent promises of […]

Deception

We’re back in the phase of markets where bears look like idiots and bulls look like geniuses. In 2018, following the US tax cuts, a growing economy and expanding earnings had bears […]

$VIX Crush

Every week the village gathers and watches the regularly scheduled public crushing of Mr. $VIX. It doesn’t matter what happens in the world during the week, it doesn’t matter what economic reports […]

Caution

Magic indeed. From last week’s brief: “For next week bulls have the opportunity to ramp markets anew for OPEX week as these weeks tend to be more favorable than not. The goal […]

Magic

This week markets reached the key resistance confluence zone I’ve been outlining and rejected from there. Still $SPX managed to close the week positively by 1 handle making it the 7th consecutive […]