China = the BUSHSHIT with force then kneeling down. (中國 = 說謊、暴力,玩不過後秒跪)。Hope my future generations having nothing to do with F paper tiger China. 幹你娘紙老虎支那跪族! Taipei City & Los AngelesJoined May 2009
If more than 75% of the stocks on the NYSE are higher today (and looking pretty likely as of now) a rare Zweig Breadth Thrust (ZBT) will trigger today.
Since WWII, the S&P 500 has never been lower 6- and 12-months later.
If more than 75% of the stocks on the NYSE are higher today (and looking pretty likely as of now) a rare Zweig Breadth Thrust (ZBT) will trigger today.
Since WWII, the S&P 500 has never been lower 6- and 12-months later.
The Zweig Breadth Thrust just triggered.
It’s only happened 18 times since WWII—and every single time, the S&P 500 was higher 6 and 12 months later.
Check it out 👇
stockmarkettv.com/alfonsos-daily…
DO NOT look at this as a roadmap.
Also, DO NOT dismiss it out of hand.
If price is in an uptrend when seasonality says it "should" be in an uptrend - that can be a powerful combination. @sentimentrader
DO NOT look at this as a roadmap.
Also, DO NOT dismiss it out of hand.
If price is in an uptrend when seasonality says it "should" be in an uptrend - that can be a powerful combination. @sentimentrader
As a result, bringing inflation down durably to the Fed's mandate will likely require either tighter policy on the short end or higher rates on the long end (which will slow activity and drag on asset prices).
Until that happens the cycle continues, and the Fed remains behind.
The trouble for current Fed policy is that this expansion is *sustainable* and *leading to inflation that is too high.*
As a result a wait and see approach may not achieve the desired outcomes over time. Nominal spending will simply keep going.
This is my 50th year trading futures markets.
Here is a greatly abbreviated list of the lessons I have learned (many lessons more than once)
My perspective is as a discretionary chart-based trader
1. A trading plan is not complete unless it provides contingencies for all known…
Bear Steepening = higher front-end yields, steeper curves.
This happened in Q3-23, leading long-end yields markedly higher as investors demanded more term premium to hold long duration bonds.
Unless growth is exceptionally strong, bear steepening are hard on equities.
10/
Today was an 83% upside day. Lowry’s sez back-to-back 80% upside days following a 90% downside day are significant — but yesterday was only a 79.5% upside day. Close enough?? You make the call…
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