DrStool Posted September 15, 2022 Report Share Posted September 15, 2022 The Fed is that far behind the inflation curve that it will have to break the speed limit just to begin to catch up. The result will be a violent crash. I'll be posting a Liquidity Trader update on that momentarily. Meanwhile, here's a look at the hourly ES, 24 hour S&P 500 fuguetures. If there's an hourly close below 3933, then I think it will only be a few more hours before the bottom drops out. Meanwhile, the big picture: Fed Speeds Into Dead Man’s Curve, More Black Tuesdays Ahead September 15, 2022 There Will Be More Black Tuesdays September 14, 2022 Swing Trade Screens – Trailing Stops Did Their Job To Preserve Profits September 12, 2022 I Heard It Through the Grapevine September 11, 2022 Special Bulletin – T-Bill Paydown September 8, 2022 Gold Won’t Hold September 7, 2022 Withholding Tax Collections Collapsed in August But BLS Data Won’t Show It September 2, 2022 Warnings of August Liquidity Crash Come to Fruition – Here’s What to Do August 28, 2022 Has Rule Number One Been Repealed? August 18, 2022 “As Good as It Gets” Was Good While It Lasted August 6, 2022 Treasury Confirms Supply Tsunami We Expected – Will Obliterate Everything August 3, 2022 If you're serious about the underlying forces of supply and demand that drive the markets, join me! If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter. Link to comment Share on other sites More sharing options...
fxfox Posted September 15, 2022 Report Share Posted September 15, 2022 Isn‘t today that T-Bill paydown? Should support stocks somewhat normally… Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 Fed Speeds Into Dead Man’s Curve, More Black Tuesdays Ahead Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 Diamond pattern could be bullish. Link to comment Share on other sites More sharing options...
fxfox Posted September 15, 2022 Report Share Posted September 15, 2022 Wiki says Chubby Checker lives in Philly (again). Reggie Jackson was that baseball player who tried to kill the Queen at the end of "Naked Gun" Netanjahu after graduating from Cheltenham High went on to MIT and Harvard. His brother Jonathan was killed during the "Operation Entebbe" "Germantown", that's where I would settle! Link to comment Share on other sites More sharing options...
fxfox Posted September 15, 2022 Report Share Posted September 15, 2022 In all those job numbers - be it Claims, NFP whatver - do they take into account the effect of Boomers retiring? Boomers retiring means a large cohort retires and is not supplemented by a new cohort of same degree, so total workfroce shrinks. So if you don't consider that effect, no wonder jobless rate goes down snd down and down... Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 non-farm payrolls is not Horatio. only the unemployment rate is Horatio. Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 whole lot of shaking going on, don't you think? Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 5 day cycle projection 3885. Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 Amazing. Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 Busted Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 Today will go down in history as Black Friday. The Real Black Friday. It will become known as RBF. Fed Speeds Into Dead Man’s Curve, More Black Tuesdays Ahead Link to comment Share on other sites More sharing options...
MisFit Kid Posted September 15, 2022 Report Share Posted September 15, 2022 4 minutes ago, DrStool said: Today will go down in history as Black Friday. The Real Black Friday. It will become known as RBF. Fed Speeds Into Dead Man’s Curve, More Black Tuesdays Ahead The "Jan and Dean" Fed? Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 Potential double bottom with positive divergence here on the hourly. Must take out this low, otherwise could pop back to 3940, first target. Link to comment Share on other sites More sharing options...
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