SIGNS OF A HEAD & SHOULDERS IN THE LONG TERM US TREASURY BONDS SPX: TNX RATIO When we compare the SPX to the UST 10 Year Note (TNX) we see a clear Head & Shoulders which is either complete or will be by Q2 2019. Over the next two quarters we could see a short […]

S&P 500 TRYING TO PUT IN SUPPORT LOW We have modified the MATASII S&P 500. The "Right Shoulder" positioning has not changed but the "angle of attacks" has. Here is this chart when we posted it on September 17th, 2018.  The market volatility has been no surprise to MATASII subscribers!

WHEELS COME OFF THE LEVERAGED LOAN MARKET - BANKS UNABLE TO OFFLOAD LOANS A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS-RESEARCH & PUBLIC ACCESS ) READERS  REFERENCE MATA: DRIVERS  - CREDIT 12-13-18 -  "Wheels Come Off The Leveraged Loan Market: Banks Unable To Offload Loans Amid Record Outflows" MATASII TAKEAWAYS: SITUATIONAL ANALYSIS: LEVERAGED LOANS Blackstone leverage-loan ETF, SRLN, […]

JP MORGAN: THERE IS A GROWING THREAT OF DISORDERLY TRANSFER OF CREDIT RISK" A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS-RESEARCH & PUBLIC ACCESS ) READERS  REFERENCE MATA: DRIVERS  - CREDIT 12-15-18 - "JPMorgan: There Is A Growing Threat Of "Disorderly Transfer Of Risk" In Credit" MATASII TAKEAWAYS: "Companies are currently much more vulnerable to a decline in incomes […]

MATASII DECEMBER 2018 NOTES: CREDIT CONTRACTION II   CREDIT MARKETS ARE IN A BUBBLE! LEON BLACK: "The amount of covenant-less debt is more than 2007. You have a thirst for yield that exists on a global basis. So there is true excess." C-Corp switch remains an issue Apollo is examining, Black said that in this […]

DJIA SUGGESTS EITHER AN "M" TOP OR CLASSIC HEAD & SHOULDERS

DECEMBER 2018 PRIMARY TREND UPDATE: STILL HAVE NOT SEEN "CURL" IN UPPER BANDS

U.S. LEVERAGED LOAN FUNDS LOSE CASH AT FASTEST PACE EVER A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS-RESEARCH & PUBLIC ACCESS ) READERS  REFERENCE MATA: DRIVERS  - CREDIT 12-13-18 - Bloomberg -  "U.S. Leveraged Loan Funds Lose Cash at Fastest Pace Ever" MATASII TAKEAWAYS: U.S. leveraged loan funds saw $2.53 billion of net outflows in the week ended […]

DECEMBER ELLIOTT WAVE: CONSOLIDATION NEAR "MINSKY PARABOLIC" SUPPORT LEVEL IMPORTANT NOTE:  WE NEED TO FACTOR IN THE GOVERNMENT'S CONTINUED USE OF FINANCIAL REPRESSION POLICIES & A LIKELY "MINSKY MELT-UP"    BIG PICTURE - LONG TERM VIEW We are in the early stages of a "Minsky Melt-Up", Minsky Melt-Up ends just after the next US Presidential […]

S&P 500: DECEMBER 2018 UPDATE: CHANNELS – SUPPORT & RESISTANCE

AVIS: LOOKING FOR NEAR TERM SUPPORT AFTER DELIVERING A FURTHER 37.50% MATASII SHORT GAINS Business Summary (yahoo Finance) Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company operates through two segments, Americas and International. It operates the Avis brand car rental […]

DECEMBER 2018 UPDATE: POST 2008 BOUNDARY CONDITIONS

CREDIT ON VERGE OF CRISIS: $176B A-RATED CORPORATE DOWNGRADED TO BBB IN Q4 A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS-RESEARCH & PUBLIC ACCESS ) READERS  REFERENCE MATA: DRIVERS  - CREDIT 12-14-18 - "Credit On Verge Of Crisis: $176 Billion A-Rated Bonds Downgraded To BBB In Q4" MATASII TAKEAWAYS: CORPORATE CREDIT RATING DOWNGRADES Many are predicting that the cause […]

MATASII DECEMBER 2018 NOTES: THE EURODOLLAR SHORTAGE   CHANGING SENTIMENT TOWARDS THE US The dumping of the dollar is a process that is clearly underway. There has been a steady uptick in the number of countries dumping significant portions of their dollar holdings as a result of them having been targets of American sanctions and financial […]

WHY THE RUSH TO MERGE TWO BIGGEST GERMAN BANKS: DEUTSCHE & COMMERZBANK? A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS  REFERENCE 12-12-18 - "The "Curious Rush To Combine German Banks"" MATASII TAKEAWAYS: A funding problem for global markets isn’t solved by global banking giants of any national flavor, it begins there Discussions of a […]