DrStool Posted January 19 Report Share Posted January 19 Which continues until there's a trouble climax. Are we there yet? Not yesterday. Today, the 5 day cycle projection on the hourly ES S&P 500 fuguetures has dropped to 3885. There are a couple of sport levels in that vicinity also. That doesn't seem like a trouble climax to me either. It may have bouncability, but 3870-72 looks more sportive. Today at least. For moron the markets, see: Gold Going Higher January 18, 2023 Swing Trade Screen Picks – Whoa! Just Wait Till Next Week! January 17, 2023 Long Live the Bear. The Bear is Dead January 17, 2023 A Funny Thing Happened on the Way to the Debt Ceiling January 16, 2023 Withholding Taxes Are Soaring January 6, 2023 Composite Liquidity Still Bearish, No End in Sight December 23, 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...
DrStool Posted January 19 Author Report Share Posted January 19 There's a small chance that the 5 day cycle projection is 3900. Round number syndrome at work. But we should know within the hour if it's a go or not. Link to comment Share on other sites More sharing options...
DrStool Posted January 19 Author Report Share Posted January 19 Begats? What is begats? Link to comment Share on other sites More sharing options...
Mkucstars Posted January 19 Report Share Posted January 19 Just the good doctors twisted humor... lol Link to comment Share on other sites More sharing options...
Mkucstars Posted January 19 Report Share Posted January 19 Yes we are listening... Link to comment Share on other sites More sharing options...
BreakOut Posted January 19 Report Share Posted January 19 Cramer one day: “We BE in a new bull market” Cramer the next day: “eGATs, maybe not” Link to comment Share on other sites More sharing options...
DrStool Posted January 19 Author Report Share Posted January 19 Need to clear 3918 to be out of the voods. Link to comment Share on other sites More sharing options...
DrStool Posted January 19 Author Report Share Posted January 19 Gotta test the trend at 3905. Link to comment Share on other sites More sharing options...
Jorma Posted January 19 Report Share Posted January 19 Ah ha. Tiny coupon paydown on the 31st. $10bn. That's it for coupons. I'm not sure why anyone hasn't noticed for the last 3 months that while the Fed is raising rates that 10year Treasuries are down almost 1%. I guess it's polite not to mention it but really, doesn't everyone know they've lost control of the long end? Link to comment Share on other sites More sharing options...
DrStool Posted January 19 Author Report Share Posted January 19 22 minutes ago, Jorma said: Ah ha. Tiny coupon paydown on the 31st. $10bn. That's it for coupons. I'm not sure why anyone hasn't noticed for the last 3 months that while the Fed is raising rates that 10year Treasuries are down almost 1%. I guess it's polite not to mention it but really, doesn't everyone know they've lost control of the long end? They just turned the playbook upside down. Gonna have to put out a bulletin tonight. Unless that's just a red herring of some kind. Link to comment Share on other sites More sharing options...
Jorma Posted January 19 Report Share Posted January 19 Enough of that silliness. Time for the end of week VIX crush. Link to comment Share on other sites More sharing options...
DrStool Posted January 19 Author Report Share Posted January 19 Dreaded W bottom. Link to comment Share on other sites More sharing options...
DrStool Posted January 19 Author Report Share Posted January 19 I beg your pardon. A $10.5 billion coupon paydown was on the schedule for Jan 31. I hadn't noticed that before. It's kinda unheard of. Link to comment Share on other sites More sharing options...
DrStool Posted January 19 Author Report Share Posted January 19 I hate when the market closes early. 1 Link to comment Share on other sites More sharing options...
WTF Posted January 19 Report Share Posted January 19 Nat Gas getting absolutely crushed, how low can it go? My long YANG from yesterday getting beaten unmercifully today. (Worth the loss just to be able to say that.) Watching Alibaba for my loss exit, a close above $117.50 could mean the China stocks have further to run on the upside. Link to comment Share on other sites More sharing options...
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