Relative Pair Ratio for 20% drop
Downgraded to neutral from OW 12-15% retracement expected Use PUT SPREAD (10-15%)
See how APPLE makes new highs in price, but On BALANCE VOLUME (OBV) still far away from making new highs... This equals a very FRAGILE MARKET, and the divergence will be neutralized soon... Be ready for hard sell tickets.
Why 300, yes Due to the massive shortage of these technologies (rare earth materials) and China will be placing the biggest tariff on them (45-60%) to exports.
SELL No other indication. Cycle peaked. Expecting 40% downside
NPL raising due to high exposure to Land Development Loans and Mortgages across Canada Retracement till 40
If Junk Bonds and High Yield spreads continue moving up, bad for Risk Management into bank loans = Sell BAC C WFC + Regional Banks short ( ZIONS, Ozarks, Keycorp) Mortgage Rates unaffordable for vast majority of US citizens , specially lower 35 age ones.
Ready to sell and short target 42.50
Possible Reversal, Be careful Trade Nimble 2018 target 5.200-5.400
Too much optimism use to end bad...and wipes out 3 years in few weeks.
Watch out Chinese corporate bonds are most in technical default. Funds rotation from equities to cash and fix income
Boeing is a freaking bubble. Sell Caterpillar Sell Goldman Sell Better to long Equal Weighted DOW ETF and short DOW ETF (DIA)