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NorthmanTrader

Markets – Macro – Stocks – Charts – Alerts – SetUps

Tag Archive for ‘bonds’

Correlation Watch

Correlation does not imply causation, but who ya gonna believe, me or your lying eyes? Look, we’ve had a classic bounce off of the 200MA following heavy oversold signals. If you stayed short or shorted at or near the lows you didn’t pay attention to the signals. Stocks were massively oversold and a reconnect bounce was coming and OPEX week always makes for a good time to do just that. […]

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Weekend Charts: Shock to the System

Introduction: Consider Weekend Charts as an ongoing follow-up to my 2018 Market Outlook. I’ll be sharing high level technical observations on a weekly basis whenever possible. For other public analysis please see the latest posts on NorthmanTrader. For our market services, including technical setups, please visit Services. January 23 turned out to be an interesting day. On the one hand we had sentiment as expressed by the ultimate FOMO call: Ray Dalio […]

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Retiring the Bear

You’d think a guy like me who’s been outlining danger signs in these markets would take pleasure in seeing the market carnage yesterday. But I’m not. Far from it. I hate crashes. Corrections I’m fine with, but crashes are dangerous for everybody, bulls and bears alike. Often bears get blamed for crashes, but there haven’t been any bears as of late. Crashes happen every time when folks get too exuberant and […]

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Weekend Charts: Symptoms of the Fall

At what point do the citizens of a world dominating power realize that the peak of their society lies behind them? Were there symptoms of policy that signaled the decline was already in progress and, by history’s evident record, inevitable? As every single world dominating power in history had to face the eventual decline of their influence at some point it is a poignant question. None of these declines seemed fathomable to […]

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Candle Time

The helium party continues overnight with no participation from anybody in the US or even much in futures markets. Never have such high prices been achieved with so few buyers. Increasingly markets are becoming a rare item bidding auction at Sotheby’s. While not pretty on paper for those trying to fade this move (myself included) it nevertheless continues to present a unique opportunity in my view. We are looking at […]

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