Trading News
Latest trends and news in the trading world.
Change of Trend?
Sideways trading generally muddies the waters, but this time the opposite happened. Starting on February 27, the sideways grind actually provided some clarity as the S&P carved out a pattern that suggested a ‘pop and drop’...
Pop and drop?!
Classical technical analysis and Elliott Wave theory have spotted something similar in the stock market https://www.marketwatch.com/story/this-sp-500-pattern-suggests-a-pop-and-drop-for-stocks-2019-03-07?mod=stocks
Fooling Investors….
Does the recent risk asset rally alter the effervescent particulars? Hardly. If anything, it may be fooling more folks into believing that future financial market bailouts will work precisely when the S&P 500 plummets -19.9%. (Long live the "Fed Put.") Ultimately,...
Liquidity Trumps Fundamentals
Liquidity Trumps Fundamentals The market has been back in risk-on mode but with some strange internals as well as an ongoing disconnect with fundamentals. It has priced in a joyous cornucopia of Goldilocks assumptions: A return to global central bank liquidity...
We’re Not Borrowing Ourselves Rich; We’re Borrowing Ourselves Broke
If your debt is growing faster than your economy, then you’re not getting richer. You’re getting poorer.