RATE WATCH: At a certain point, higher rates start being too stressful for long equities (for example: Freddie Mac: "if rates continue their upward trend, expect mortgage activity to be significantly subdued in 2017." 10 year treasury yield $TNX, possible stress point: SocGen: 2.60% Goldm...
Stochastics @ 18 and after 30 handles I am out. Better safe than sorry. Bad Chinese bonds? I don't know but something broke somewhere. Vote Cobra, glta.
Silver lookin update. Daily, it did mosey back up toward the cloud, 61.8 retrace. a.PNG Inverted dollar/yen (red) has bubbled, silver should regress. c.PNG Carry trade is losing momentum though, something to watch. Daily. b.PNG Based on the hourly Stochastic, it may turn down mid diamond and drop li...
Daily Silver update. Not sure up to the cloud by opec is likely now. a.PNG If XAU loses 78 it has alot of air below. Very nice symetrical chart there. bb.PNG For the broader 1%ers piggy bank then, further commodity weakness would soon be a bit of a drag (deflation/liquidity trap) again. c.PNG String...
Silver/oil daily. Maybe up into opec meeting the 30th, then a time to front run eventual disappointment. Capture.PNG Oil may hit 30's, if so you can see the correlation. Diamond up, diamond down? so.PNG A break up is a play also. Bankster bop will no doubt set the tune though. Is the tune stale, a y...
Heiken-Ashi 2 hour spx lookin toward manana's day trade... EOD today may be the measured move to a diamond fail and h/s I think is there in the red tint circle. The empty red circles below denote oversold stochastics stutters which resulted in the spx stalling for overbuy action to creep back up. Ve...
It gets to 1911, ima buy. Good weekend to ya. Time to wet a hook. Vote Cobra, a pres we can believe in. and oh, yes, those charts are a fractal, Aug on with the daily.
Nitecap carry trade last look. Todays post blown up to 10 minutes. Diff color scheme though. Capture.PNG So they took it down to the 50.0 retrace and began selling yen to buy dollars. Why? Dollar shortage brought on by the commodity cycle down? "They" have been doing the same premarket Eur...
Carry trade lunchwich...Hourly...Under 104 (50.0) retrace can portend a dececent drop.
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A weaker yen hurts the yuan's effort to strengthen, and the Mao/Russkie promise is for a better partnership than Unclebuck has provided. Will take time to cement though.