THE ONE CHART TO PAY ATTENTION TO The only major central bank not reducing its rate of “Easy Money” was Japan. Even that appears to be altering: Bank Of Japan Leaves Policy Unchanged, Downgrades Inflation, Continues ‘Stealth’ Taper
MM Highlights Key charts
THE MARKET FIRMLY BELIEVES THE FED “HAS THEIR BACK” LONGER TERM
THE MARKET FIRMLY BELIEVES THE FED “HAS THEIR BACK” LONGER TERM Every time the market crashed, central banks have stepped in as the Bank of America recently illustrated: Deutsche Bank believes that point (the Fed “PUT”) is between 2300 & 2400 on the S&P 500
VIX BACK TO 13 & BREAKS BELOW KEY 200 DMA TECHNICAL SUPPORT
VIX BACK TO 13 & BREAKS BELOW KEY 200 DMA TECHNICAL SUPPORT — SOURCE: 05-10-18 ZeroHedge – “VIX Breaks Below Key Technical Support” — Despite the world’s elites decrying President Trump’s decision to withdraw from the Iran nuclear deal – fearful of the kind of Middle East instability already witnessed last night between Israel and […]
2018 WILL MARK AN IMPORTANT TOP FOR US & GLOBAL EQUITIES, LED BY A DETERIORATION IN CREDIT
2018 WILL MARK AN IMPORTANT TOP FOR US & GLOBAL EQUITIES, LED BY A DETERIORATION IN CREDIT Rarely have we experienced such low leadership, as shown in the Exhibit above. Experience tells us that these leaderless periods typically occur during important transitions in the market. So what is that transition today and how can we […]
TRUMP CORPORATE TAX CUTS EXTENDS “AGING” EQUITY MARKETS LIFE
TRUMP CORPORATE TAX CUTS EXTENDS “AGING” EQUITY MARKETS LIFE
MARCH ELLIOTT WAVE: THE BOUNCE IS A “CORRECTIVE 3 WAVE STRUCTURE” – MORE DOWNSIDE AHEAD!
MARCH ELLIOTT WAVE: THE BOUNCE IS A “CORRECTIVE 3 WAVE STRUCTURE” – MORE DOWNSIDE AHEAD! Last month we stated that “The Form of the Anticipated Initial Bounce Was Critical” based on Chart 1 in play at that point: CHART 1 CHART 2 – MARCH 9TH, 2018
MATASII’S SIX YEAR US DOLLAR CHARTS HITS MAJOR INFLECTION TARGET
MATASII’S SIX YEAR US DOLLAR CHARTS HITS MAJOR INFLECTION TARGET The Ellipse will either break downward to lower support or EXPLODE higher, following the Ellipse. The MATASII Bia$ is UPWARD based on a Global “Flight to Safety”! (Perceived Safety)
SENTIMENT: THE CONCERN ABOUT ELEVATED CONSUMER CONFIDENCE DOESN’T GET MUCH CLEARER THAN THIS!
SENTIMENT: THE CONCERN ABOUT ELEVATED CONSUMER CONFIDENCE DOESN’T GET MUCH CLEARER THAN THIS! H/T to Source: Jesse Felder
HISTORICALLY MONTHLY MOVING AVERAGES DON’T SPREAD TO THIS DEGREE – NOR MAINTAIN SPREAD!
HISTORICALLY MONTHLY MOVING AVERAGES DON’T SPREAD TO THIS DEGREE NOR MAINTAIN SPREAD!
TRUMP RALLY: SETTING UP TO BE A “BUY ON THE RUMOR, SELL ON THE NEWS!” EVENT
TRUMP RALLY: SETTING UP TO BE A “BUY ON THE RUMOR, SELL ON THE NEWS!” EVENT