US 30yr bonds have seen a year's worth of action in the space of a month From 1.90% to below 0.90% to back to 1.90% In my opinion this reversal could be key for the bond bull market since the 1980s If we get a close above 2.10% in 30yr yields I think we have seen a generational low this month Just saying
Update on US long end rates view. YCC or not this is what I think could happen over next 2 years. When I was on the fixed income trading desk at Lehman in '88 we had short end paper that yielded double digits....and given the amount of fiat being printed this could be just the start of the back up in yields
Shorted the breakdown in the Dow Already max short in small caps
V long term UK 10yr yields. You decide. "Transitory".
Hate to disappoint you fixed income bulls We are in the early stages of a secular bull market for yields (started 2020) as inflation will prove persistently bad There may be pullbacks along the way but the path is higher Long bond yield>10>50>200 ma
Similar to Bunds but here with clear +ve divergence on indicators suggest higher yields forthcoming.
I can see a cascading move lower in the small cap index over the coming months down to the 1500 area possibly by year end or early 2024.
Been calling this the last few days. German Bund yields beginning to break back higher again. Inflation NOT transitory. ECB next week. Could be headed back above 2% soon.
I believe the stars are aligning for a decent med term short for stonks. Fundamentals are poor - inflation and rates higher for longer (not factored into earnings yet). Sentiment is extreme - note recent sentiment surveys all extremely bullish (greed) contrary to market perception. Bears have been capitulating - note short covering rallies (stopped out) in...
I believe the stars are aligning for a decent med term short for stonks Fundamentals are poor - inflation and rates higher for longer (not factored into earnings yet) Sentiment is extreme - note recent sentiment surveys all extremely bullish (greed) contrary to market perception Bears have been capitulating - note short covering rallies (stopped out) in heavily...
Today we have see a continuation of the dramatic slide in the DAX into CRITICAL 8100-8600 support zone. This is a confluence of long term support and target zone for wace c/y (where it equals 1.618 times wave a/w) of Wave 4) PINK If the very long term trend is to remain up the market must hold this zone
Russell has been the weakest part of the market for a while. Delicately poised, has held above key support 1700 for the last 10 months. If that goes, you could see -10% (1520) easily and quickly. Watch 1700.
This is one of the patterns I have been looking at the last few months. If it is playing out Bunds are heading towards 3%.
Down move in DXY looks to have just about run its course. Round number target of 100 would have been nice but we may have to settle for 101.xx Looking for a potential 5% + rebound/retrace higher over coming weeks.
Looks to have formed +ve divergence on RSI. FED are NOT going to pause/pivot in coming weeks. Data still ok as a whole and until much softer yields have to go/stay higher for longer than people think.
Good R/R to go short SPX here in the 3950-4000 zone with stop above 4100 (3% risk) for potential 10% downside move in coming weeks.
Looks to have negatively divergent high on 4H chart ahead of CPI tomorrow. Can sell with today's highs as stop
TSLA went from $14 to $400 in the space of 30 months. If you don't think there is a high probability that this stonk goes back below $100 in the next 12 months or so I cannot help you.