Seeing a weekly momentum shift forming, expect major trend change.
Couple of scenarios, Economy could break and fed allows inflation to creep up while easing on rates, If they reduce reverse repo rates then yields will drop as money market funds buy 1 yr bills on the open market again.
Otherwise they might have to increase rates if inflation continues to weigh...
The shadow banking system is something you're probably not familiar with.
Until today!
the shadow banking system is made up of mainly investment banks i.e. your market whales or market makers, money market funds i.e. like schwab and vanguard, and hedge funds. these financial entities dont give out loans to you or I, but rather trade amongst themselves. which...
Utility company Middlesex is dripping with momentum and it could still be time to start accumulating a position as the possibility the Biden administration social spending bills could take effect. Could be pretty early here so use potential pullbacks to lower your cost basis keeping risk management appropriate. Other names like AWK, FERG and CNM also on the come up..
The Price Objective remains 2.28%.
Beyond sewing the usual seeds of discontent, observe the Larger Monthly Indications.
The above Chart is of extreme importance, it demonstrates how Capital Stocks begin to
turn, Glacial at first, as Momentum builds, they begin to accelerate.
This will end up a 4 or 5 part series discussing the potential...
