07/30/2016 Weekend Update

[Ratbastrd]

This is not my chart, someone I have traded with since the old CS days.

TED spread jumped significantly on Friday. In large part due to treasuries. When I look at the Gold/Oil spread, the massive move in treasuries, the Put/Call ratio, Tells me something is wrong in this market.

Buyer beware! Our assumptions that the CB's have unlimited ammunition and floor under the market might prove disastrously wrong one morning.

http://stockcharts.com/h-sc/ui?s=%24ted ... &cmd=print

[tsf]

https://pbs.twimg.com/media/CoeCV8CUkAAN442.jpg:large

[Trades with cats]

From the Felder Report, more bear porn. This is the Feds graph of earnings for 50 years annotated with the common names of the pullbacks.

[BullBear52x]

From it is what it is department:

We are going sideways for EVARRR.

[BullBear52x]

$VIX, Treasury note, commodities, and dollar are not supportive on the up move but who cares?

see $vix ratio here, it's ripe for bearish counter trend again on mid term.

[BullBear52x]

Weak internals, but that doesn't mean bulls will give in here. next week will find out soon enough.

[BullBear52x]

This is not my chart, someone I have traded with since the old CS days.

TED spread jumped significantly on Friday. In large part due to treasuries. When I look at the Gold/Oil spread, the massive move in treasuries, the Put/Call ratio, Tells me something is wrong in this market.

Buyer beware! Our assumptions that the CB's have unlimited ammunition and floor under the market might prove disastrously wrong one morning.

http://stockcharts.com/h-sc/ui?s=%24ted ... &cmd=print

good chart. +++

[pezhead9000]

Econ report:
This report is really about an investment slowdown. Household spending, which accounts for 70% of US growth, was strong and rebounded from a weak 1Q:
All three categories of spending -- durable goods, non-durable goods and services -- increased at their strongest Q/Q pace in 4 quarters

http://community.xe.com/blog/xe-market- ... t-just-yet

[pezhead9000]

Breadth is non-stop
July block money flow is +41B
WSJ Block Money flow is trending up