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Nice Chart AD, really shows the risk off trade....Al_Dente wrote:“Risk-On” and “Risk Off”
(An updated quickie view of the weekend’s post on “there is some evidence that ‘de-risking’ may be in progress”)
When the defensive “Risk-Off” sectors (all dashed lines) are strong, you will see them start to climb above the red zero line.
When the aggressive “Risk-On” sectors are strong, you will see them start to climb above the red zero line.
% performance, 5 min, 6 days (all last week plus today)
te_fern wrote:Nice Chart AD, really shows the risk off trade....
Trades with cats wrote:Buying REITS and Utilities is a real question mark. Only thing I can think of is fund managers with their hands tied by investment committees that need some income but trust the FGed will be destroying bonds. As long as the move up is gradual (and that is certainly today's word) Utilities and REITs have a chance of improving themselves by raising rates, especially if their debt is mostly locked in at the long end.
Bonds and the S&P both dropping is these days considered a symptom of deleveraging by the equal risk Bridgewater type funds. They are at their core a bet on the Fed continuing to print and they have no hedging, so all they can do is increase or decrease their leverage.
and both REITs and Utilities can benefit from an improving economy....Al_Dente wrote:Trades with cats wrote:Buying REITS and Utilities is a real question mark. Only thing I can think of is fund managers with their hands tied by investment committees that need some income but trust the FGed will be destroying bonds. As long as the move up is gradual (and that is certainly today's word) Utilities and REITs have a chance of improving themselves by raising rates, especially if their debt is mostly locked in at the long end.
Bonds and the S&P both dropping is these days considered a symptom of deleveraging by the equal risk Bridgewater type funds. They are at their core a bet on the Fed continuing to print and they have no hedging, so all they can do is increase or decrease their leverage.
te_fern wrote:and both REITs and Utilities can benefit from an improving economy....Al_Dente wrote:Trades with cats wrote:Buying REITS and Utilities is a real question mark. Only thing I can think of is fund managers with their hands tied by investment committees that need some income but trust the FGed will be destroying bonds. As long as the move up is gradual (and that is certainly today's word) Utilities and REITs have a chance of improving themselves by raising rates, especially if their debt is mostly locked in at the long end.
Bonds and the S&P both dropping is these days considered a symptom of deleveraging by the equal risk Bridgewater type funds. They are at their core a bet on the Fed continuing to print and they have no hedging, so all they can do is increase or decrease their leverage.
TWC, is Ninjatrader free if you use their brokerage platform?Trades with cats wrote:Small Caps-
Working with upgraded platform. Fat Tails (Henry in Berlin, ( LIZARDINDICATORS.) has a new Keltner with lots of choices. So I am running the center line as a 20 period EMA with a 2 ATR band width. The big heavy dash dot is daily VWAP and I continue using Chandre Knoll version of a chandelier stop. Paint bar colors are tied to the Kaufman Efficiency indicator down below
I have two indicators in the same box at the bottom. A more advanced version of Perry Kaufman's efficiency which goes red and blue for buy sell and tan for chop. It has a built in algo that is supposed to adjust the cHop level automatically. The orange line is the average. Fat Tails says it is more reliable than the ADX so hey, why not. The green line with the red histogram is our old friend the True Strength Index but this one is triple smoothed. Of course Henry gives you about 30 or so averages to use for both indicators (and the Keltner) from Gaussian to Holt EMA's so you can fiddle with the settings for the rest of your life!