AFTER a -30% from tops, stay tuned next weeks. Neutral on radar for buy.
Technically oversold. 3 harmonic pattern with bullish implications till eoy. Possible pullback in european stocks Any deal in Italy related to Italian Deficit/Budget ITA/UE will be positive for european institutions. Cover shorts gradually in each drop.
Sell oilers Sell oil Transports not performing industrials. Higher Risk in Industrial corporate credit coming. HYG and JNK SELL
11.400 Remember Deutsche Bank Equity value will be ZERO. DEUTSCHE BANK SUBORDINATED DEBT ZERO. Bail-in DBK+CBK
Biggest Canadian Bank with highest exposure to CAD mortgages. Has hit the long term hagopian line .
Big Sell off for 2019 Real Estate mortgages delinquencies up Banking crisis Mining down Perfect Meltdown and storm in New Zealand and Australia.
Be careful... Seems to be a "fake movement". Watch out pullack to 2.92-2.95% in 10yrs.
and Operating Leases...will be new debt with NIFF 16 rule.
PATHETHIC OBV Structure last months, in the meantime equities has been driven up just by pure algos and passive etfs. No Real flow.Warning. A huge bearish wave will destroy this divergence.