US DOLLAR SENDING EARLY SIGNS OF A POTENTIAL REVERSAL We have been posting this US Dollar DXY chart for a couple of years now. It has been very accurate in warning of US Dollar moves. Recently, the issue has been whether the DXY continues to follow the ellipse ring higher or separates from it. A […]
TRIGGER$ June 2019
10Y US TREASURY NOTE (TNX) HITS MATASII TARGET
10Y US TREASURY NOTE (TNX) HITS MATASII TARGET We have hit the MATASII yield target of 2.08% for the 10Y US Treasury Note. This is exactly a 61.8% Fibonacci Retracement. Note that the recent TNX plunge was technically precipitated by the cross of the 80 WMA (black line) of the 40 WMA (blue line). WHERE […]
SONIC AUTOMOTIVE (SAH): MAY HAVE CRACKED THE CODE FOR USED CAR SALES
SONIC AUTOMOTIVE (SAH): MAY HAVE CRACKED THE CODE FOR USED CAR SALES Sonic Automotive is on the MATASII Watch List for the SII Auto Sector. Though we have a strong negative bias for this sector there may be a few exceptions who are taking advantage of the cyclical turmoil in the auto sector. One such […]
LONG TERM SHANGHAI COMPOSITE CHARTS TELL THE TRADE WAR STORY
LONG TERM SHANGHAI COMPOSITE CHARTS TELL THE TRADE WAR STORY The 5 Month EMA is breaking the 13 Month EMA. This now has the 5 below the 13 which is below the 21 Monthly EMA. Every time this has previously happened the Shanghai Composite has suffered a massive drop over the following few months. What […]
BONDS OVERHEATING BUT VIX STILL SUBDUED??
BONDS OVERHEATING BUT VIX STILL SUBDUED?? Equity vol currently remains subdued … SOURCE: MATASII – Gordon T Long … WHILE Bond vol explodes higher as global investors look for safety in an environment of plummeting global trade and escalating & expanding Trade Wars. CHART SUBSCRIBER CONTENT ONLY The collapse in yields have the central bankers […]
MARKET RISK “RIPE” FOR A STAGFLATION SHOCKER
MARKET RISK “RIPE” FOR A STAGFLATION SHOCKER We have been arguing for some time now that the real concern for financial markets is an unexpected “Stagflation Shock”! We most recently outlined this in the following articles: SCHIFF: BOND MARKET RIGHT BUT MAKING WRONG BET TRADE WAR CONSUMER INFLATION DEAD AHEAD! SII – BONDS AT CRITICAL […]
CREDIT MARKETS CRACKING IN A SYSTEMIC LIKE FASHION
CREDIT MARKETS CRACKING IN A SYSTEMIC LIKE FASHION Here are Monday’s charts pulled from a report which give further detail of the yield drop shown above in the current “TNX” MATASII chart. VIX vs HY vs IG Credit markets are starting to crack more systemically… Flashing very bright warning lights to stocks… BONDS Bond […]
GOOG, APPL, FB, AMZN CRUSHED BY “UNPRECEDENTED PROBE” BY DOJ, FTC & CONGRESS
GOOG, APPL, FB, AMZN CRUSHED BY “UNPRECEDENTED PROBE” BY DOJ, FTC & CONGRESS Since April 29, WolfStreet’s “FANGMAN” Index has dropped 14.0%, or by $645 billion in market cap, giving up 49% of the post-Christmas rally in just five weeks. The biggest daily drop was Monday due to what we posted previously ( TRADE WAR […]
TRADE WAR MAY TAKE BACKSEAT TO TRUMP ADMIN’S ANTI-TRUST BLITZKRIEG
TRADE WAR MAY TAKE BACKSEAT TO TRUMP ADMIN’S ANTI-TRUST BLITZKRIEG Major announcements Monday of anti-trust probes into Amazon, Facebook and Google (Alphabet). Trump is getting ahead of Democratic Presidential candidate Elizabeth Warren’s platform. What we know: FACEBOOK: The FTC which is already preparing to levy a massive fine against Facebook for data privacy violations has […]
SCHIFF: BOND MARKET RIGHT BUT MAKING WRONG BET
SCHIFF: BOND MARKET RIGHT BUT MAKING WRONG BET Peter Schiff is out with a new note that on how he believes the bond market is right about its views and reaction to the pending recession. However, he feels they are missing what the outcome of the recession will be. That outcome is STAGFLATION. This would […]