Suppose you wanted to ask the question, hypothetical of course: What percentage of the economy does the FED balance sheet comprise of? If you were to replace "the economy" with "M2", then you could get something easily measurable. Simply use the symbol:
FRED:WALCL/1000/FRED:WM2NS
One is measured in billions, the other millions, so we divide by 1000 (I say just...
Trend is intact measured by volatility and registering an extreme oversold condition at the edge of the trend. Heighted fear and uncertainty can result in some very handsome buying opportunities....
Wholesale and membership models have really stood the test of time as we've seen with $COST reaching new all time highs. The Fed doesn't seem too concerned with inflation which could be giving the green light to some of the strong inflation players once again. Wheat threatens a breakout at the time of writing. Good luck traders!
SPY Journal 12/10
There has been no sign of relief as Bear pressure mounts against the Bulls around the 435 inflection point.
435 seems to be the point at which Bears are in control of the weekly.
Bulls pulled ahead last week, but was it just another well laid Bull trap as 435 was rejected 3x today.
I took another shot at the Trendsetter XYZ
after...
Money printing in real terms is admittedly at the top of the historical range of this data set but its not beyond what we have seen.
Maybe inflation is transitory? Maybe it's not. It is clear that a vast majority of the additional money printing causes asset inflation otherwise this chart would look a lot different. i.e. if gold didn't have a significant move up...
The VIX could have one last spike left in it before it settles down for this secular bull market run. When it settles down it should settle below the '20s but until then a potential catalyst for another spike could be the June 10th CPI release or if a member of the Fed mentions tapering. If numbers come in hotter than expected again, there could be a frantic...
