DrStool Posted June 18, 2020 Report Share Posted June 18, 2020 8 hours ago, fxfox said: What??? There are sitting more than 2 trillion in dealer accounts which they can pump into the market any time they want out of thin air??? Not sitting in their accounts. Offered by the Fed. Not even available because only Treasury and MBS collateral accepted. I addressed that point specifically in this report. The fact that they would pay down repos, and have in fact been doing so, has been known for a long time. Liquidity Trader subscribers have been well aware of this. Furthermore they understand the critical implications for the market. Be in the know. Try Liquidity Trader risk free for 90 days. Macro Liquidity Ain’t Bullish, and Will Get Worse 1 - LIQUIDITY TRADER JUNE 17, 2020 I’m working on a data intensive full macro liquidity update which I will post Saturday after the Fed posts the banking data Friday night. First here’s a quick update on Fed QE with data through this week and projected into next week based on Fed and Treasury published schedules. It’s not bullish. First there’s our old faithful, Fed Cash to Primary Dealers. Then a look at the Current QE Chart and the all important PONT Spread. Subscribers, click here to download the report Not a subscriber yet? Get this report and access to all past and future reports risk free for 90 days! Dicsucs. Link to comment Share on other sites More sharing options...
DrStool Posted June 18, 2020 Author Report Share Posted June 18, 2020 Still a bullish pattern until they break 3063. Link to comment Share on other sites More sharing options...
jp6 Posted June 18, 2020 Report Share Posted June 18, 2020 Trading range for now. Link to comment Share on other sites More sharing options...
fxfox Posted June 18, 2020 Report Share Posted June 18, 2020 So there we have it: The first robinhooder committed suicide: https://www.forbes.com/sites/sergeiklebnikov/2020/06/17/20-year-old-robinhood-customer-commits-suicide-after-seeing-a-730000-negative-balance/amp/?__twitter_impression=true that poor soul, my goodness, nobody told him that the underlying shares were just not credited yet 😩 Link to comment Share on other sites More sharing options...
DrStool Posted June 18, 2020 Author Report Share Posted June 18, 2020 Sometimes young people kill themselves for bad reasons. Like my cousin at Washington College about 5 years ago, in a case that got worldwide attention when he disappeared with an antique hunting rifle and everyone thought he would come back to the campus and shoot people. That was never going to happen. He had driven to a remote spot in a park and shot himself. Link to comment Share on other sites More sharing options...
DrStool Posted June 18, 2020 Author Report Share Posted June 18, 2020 They're buying the 10 year again. Sheesh. Link to comment Share on other sites More sharing options...
specie Posted June 18, 2020 Report Share Posted June 18, 2020 i wood nt be su prized of negative 1 on da 10 yer Link to comment Share on other sites More sharing options...
jp6 Posted June 18, 2020 Report Share Posted June 18, 2020 49 minutes ago, specie said: i wood nt be su prized of negative 1 on da 10 yer Only fools will buy Negative on 10 or central banks. Link to comment Share on other sites More sharing options...
DrStool Posted June 18, 2020 Author Report Share Posted June 18, 2020 Top of channel. Link to comment Share on other sites More sharing options...
DrStool Posted June 18, 2020 Author Report Share Posted June 18, 2020 Fools are what makes markets. They're even sellabrated. Link to comment Share on other sites More sharing options...
specie Posted June 18, 2020 Report Share Posted June 18, 2020 do you know what the capital gain on a 30 year bond is if rates go to minus 1? Link to comment Share on other sites More sharing options...
fxfox Posted June 18, 2020 Report Share Posted June 18, 2020 1 hour ago, DrStool said: Sometimes young people kill themselves for bad reasons. Like my cousin at Washington College about 5 years ago, in a case that got worldwide attention when he disappeared with an antique hunting rifle and everyone thought he would come back to the campus and shoot people. That was never going to happen. He had driven to a remote spot in a park and shot himself. OMG, sorry to hear that Doc 😔 Link to comment Share on other sites More sharing options...
fxfox Posted June 18, 2020 Report Share Posted June 18, 2020 18 minutes ago, jp6 said: Only fools will buy Negative on 10 or central banks. The German 10 year is negative since years... Link to comment Share on other sites More sharing options...
jp6 Posted June 18, 2020 Report Share Posted June 18, 2020 8 minutes ago, specie said: do you know what the capital gain on a 30 year bond is if rates go to minus 1? You would make a lot with 100 x Leverage, without it not much Link to comment Share on other sites More sharing options...
specie Posted June 18, 2020 Report Share Posted June 18, 2020 bears is such worriers - i don't see nuttin to worre bout Link to comment Share on other sites More sharing options...
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