Bank of America says the recession and credit crunch could lead to large corporate defaults. Credit strategists at Bank of America note that the fallout from the recession and credit crunch could see $1 trillion in corporate debt eventually become insolvent. This is largely due to the fact that banks have already begun to refuse lending conditions after the...
I am not lying. I am completely disproving my latest idea, on how to short SPX. That idea went on Editors' Picks. And I am now killing it. I am not kidding, April Fools is for fools. I don't consider me or you a fool. So I am being serious. Chart analysis is not always straightforward. Pinpointing tops and bottoms is the ultimate bet for a trader. As most of...
Spaaaaaaaaaaace! Let's make a quick party, also bring a cake to celebrate! Make it quick, because it's late and I am tired and I should be sleeping by now. We have reached the top of the world. Well, equities have. It is time for them to lose value big time. Their successor is here, bonds. I have talked about it extensively in my last idea. This is an urgent...
Real rates look like they are about to turn over. This should mean that interest rates should drop faster than the inflation. A good proxy for this is silver which looks like it is touching a support line and the 100 MMA.
What does everyone think about this? This is the conclusion forecast of all the previous ideas I've been working up to I don't see many people talking about the bigger picture of what is actually happening with Smart Money VS Retail TNX and BTC show the correlation TLT and the NDX show a similar but opposite correlation Bonds lead then Risk assets follow...
My observations: The 10-year Treasury bond is a leading indicator to show where smart money hedges its bets. The 10-year treasury bond is also perfectly correlated to Bitcoin. When this moves up, Bitcoin goes up. When this moves down, Bitcoin goes down. The NASDAQ 100 on the other hand has a lagging inverse correlation to the 10-year Treasury bond. The 10-year...
Just look at the graph, take your own conclusions and let me know what you think!
Correlation with gold positive, volatility at cycle lows $GLD, GC_F
If WW valid, should reach the upper supply zone $TNX, $TLT, $GLD
Entering possible reaction zone $TNX, $GC_F imposed