Intermarket Chart Attack: 1929 or 2008
Worse Than 2008, More Like 1929 As I said repeatedly over the past few weeks to clients: This market is worse than 2008. My Interview with ForexAnalytix and my client posts and videos past month have demonstrated that I see this crisis as unlike any others. From March 13th client post: Sentiment: This is a […]
Anatomy of a Trade: Yen Short (FXY GLD GDX TLT)
Much attention of late has been focused, with good reason, on rising yields, falling bond prices and the collapse in the Japanese Yen and Gold. So many assets are correlated that as a strategic technical analyst I look for macro themes to show themselves in intermarket chart analysis so I can more confidently basket trade, […]
S&P Bulls and Bond Bears Pin Hopes to 1946
Higher Rates Can Be Bullish Interest rates follow very long term cycles. Above highlights a 35 year (1946-1981) bond market, but unlike our most recent 35 year (1981-2016) bond market, they were in a rising rate environment (for more than a blip on a chart). From a low of 2% to a high of 16%, yields were rising […]
Bond Weary
S&P Bulls and Bond Bears Pin Hopes to 1946 Interest rates follow very long term cycles. Above highlights a 35 year (1946-1981) bond market–but unlike our most recent 35 year (1981-2016) bond market, they were in a rising rate environment (for more than a blip on a chart). From a low of 2% to a high of […]
Captain Calls: Buffett, Rich, Pring
There are lots of ideas out there on what to trade. The trick is synthesizing news-you-can use from the noise. Choosing ideas from veterans doesn’t make it a sure thing. But listening to ol’ timers…well, there is so much to be learned from experience. And I love to learn which is why I scan and […]
October Macro View Review: Did I Say That?
Every month I write a swing trading newsletter for those who can’t join me in my LIVE Fishing Daily Trading Room but want my macro take on the month ahead, or just my trade ideas they can set and forget. The daily room is for active traders where we mostly chase momentum plays in the […]