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Thank you very much for doing this. If this holds true one should expect a bigger move (percent wise) in IWM relative to SPY?Al_Dente wrote:[edit: PAGING Harapa]
Boss: Here’s an extension ...GL2u
Just PM me if u need more; I’m working on “qualifying” for the mkt gymnastic finals
Could be Europeans getting out of US Treasuries.Mr. BachNut wrote:I actually think the most striking move last week was in treasuries. That market has been so rock solid, and it got a major clocking. If that was a kick-off to big institutional moves out of treasuries (I am not sure that it was), it could be really really bullish equities. Not to mention the weak $ action...
Why would the Europeans (specifically) do that?xfradnex wrote:Could be Europeans getting out of US Treasuries.
I think markets are weak by number of measures, however, indices continue to churn up. There are now clear divergences between large cap and small cap, something which were not apparent before begining of Aug 2011 waterfall decline. We may be nearing a real top. Trade safelyjoe-gamma wrote:Thanks for rut-rui charts Al!
Harapa: maybe it says IWM tends to lead faster on downside? here is another view iwm:rui with iwm vs spy(performance)....also 8-55 ma crossover seems to be LongTerm hint at strength of overall equity health?
thanks for decisionpoint link
I may be off on this but the European banks have been suffering from a shortage of collateral to secure their borrowing. They have been holding and or accumulating treasuries because TSYs are collateral they can count on while other stuff they own (Spanish soveriegns for instance) they cannot. It's not like the yield is very attractive but they can avoid shrinking their balance sheet. However, if the ECB et al. is going to "do what it takes," perhaps they won't be needing the treasuries so much and can rely on Mario Draghi...TradingJackal wrote:Why would the Europeans (specifically) do that?xfradnex wrote:Could be Europeans getting out of US Treasuries.
Could also be covering before they go on holiday for 2-3 weeeks.....The meritocracy could be timing their "Moral suasion" perfectly, also utilizing substantial bearish sentiment to heighten the knee-jerk reaction.....TradingJackal wrote:Why would the Europeans (specifically) do that?xfradnex wrote:Could be Europeans getting out of US Treasuries.
Draghi will save all But I agree.Mr. BachNut wrote:I may be off on this but the European banks have been suffering from a shortage of collateral to secure their borrowing. They have been holding and or accumulating treasuries because TSYs are collateral they can count on while other stuff they own (Spanish soveriegns for instance) they cannot. It's not like the yield is very attractive but they can avoid shrinking their balance sheet. However, if the ECB et al. is going to "do what it takes," perhaps they won't be needing the treasuries so much and can rely on Mario Draghi...TradingJackal wrote:Why would the Europeans (specifically) do that?xfradnex wrote:Could be Europeans getting out of US Treasuries.