fxfox Posted March 14, 2023 Report Share Posted March 14, 2023 9 minutes ago, sandy beach said: This just gets worse and worse Doc. Meanwhile we're have a flight to "quality" by millennials into Bitcoin. What a farce! Boomers retire --> Huge gap in workforce --> less pressure on the youth --> only idiots in workforce --> middle managment consists also of idiots because no choice for Top management when searching foa new "Head of xxx" --> less productivity --> starvation --> death Link to comment Share on other sites More sharing options...
sandy beach Posted March 14, 2023 Report Share Posted March 14, 2023 Bank debt swoons as Fed moves to contain fallout from SBV, Signature Bank collapses https://archive.fo/szIpa#selection-237.3-237.87 "Debt issued by Charles Schwab Corp. SCHW , PNC Financial Services Group PNC and Synchrony Financial SYF was particularly hard-hit among investment-grade corporate bond issuers, according to MarketAxess data." Link to comment Share on other sites More sharing options...
PullMyFinger Posted March 14, 2023 Report Share Posted March 14, 2023 24 minutes ago, fxfox said: March 2003 March 2009 March 2023 If memory serves, which mine rarely does, I think Nascrap intraday lows in those years were March 12 and March 9. Yesterday was the 13th. If--and that's a qualified if--yesterday's low ends up holding, pretty remarkable. Kinda like October 10-ish, which has represented a number of important tops and bottoms over the years. Link to comment Share on other sites More sharing options...
Jimi Posted March 14, 2023 Report Share Posted March 14, 2023 Mr. Coleman, Very much enjoyed your discussion on Lead/Lag. I would provide a link, but I don’t have one of my teenagers nearby to assist with that. Link to comment Share on other sites More sharing options...
sandy beach Posted March 14, 2023 Report Share Posted March 14, 2023 Powell's Special Index Core services inflation ex-rent and OER accelerated again in February Core services less rent and owners equivalent rent, m/m% change (SA) 3-month moving avg. https://www.bloomberg.com/opinion/articles/2023-03-14/cpi-if-the-federal-reserve-fails-to-raise-rates-it-will-be-a-sign-of-panic Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2023 Author Report Share Posted March 14, 2023 At 3882 the market decides whether it is to be a bull or a bear market. Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2023 Author Report Share Posted March 14, 2023 Buying the dips hard at higher lows. Bull market. Link to comment Share on other sites More sharing options...
potatohead Posted March 14, 2023 Report Share Posted March 14, 2023 2 hours ago, DrStool said: The more I think about it, opening the discount window to all banks for qualified paper at par with no haircut, and guaranteeing all deposits is a major policy change that will flood the system with liquidity and enable the banks to endlessly absorb whatever amount of paper the Treasury puts on the market. Hyper inflationary. whole reason I built a depository Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2023 Author Report Share Posted March 14, 2023 As long as we're between 3888 and 3988, jury out. Link to comment Share on other sites More sharing options...
potatohead Posted March 14, 2023 Report Share Posted March 14, 2023 1 hour ago, Jimi said: Mr. Coleman, Very much enjoyed your discussion on Lead/Lag. I would provide a link, but I don’t have one of my teenagers nearby to assist with that. Appreciate it. Link to comment Share on other sites More sharing options...
fxfox Posted March 14, 2023 Report Share Posted March 14, 2023 2 hours ago, DrStool said: The more I think about it, opening the discount window to all banks for qualified paper at par with no haircut, and guaranteeing all deposits is a major policy change that will flood the system with liquidity and enable the banks to endlessly absorb whatever amount of paper the Treasury puts on the market. Hyper inflationary. I thought about that again. Somehow that would be too obvious, too easy. Just s feeling. Like if there is something in the background which is not considered properly. Link to comment Share on other sites More sharing options...
Jimi Posted March 14, 2023 Report Share Posted March 14, 2023 Embrace the abyss. Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2023 Author Report Share Posted March 14, 2023 Pattern looks bullish. Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2023 Author Report Share Posted March 14, 2023 I'm lowering my must take out point to 3880. Link to comment Share on other sites More sharing options...
Jimi Posted March 14, 2023 Report Share Posted March 14, 2023 4 minutes ago, DrStool said: I'm lowering my must take out point to 3880. I'm calling it. Link to comment Share on other sites More sharing options...
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