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Posted

Gort, Klaatu berada nikto. 

Major Inflection Point

173tcn

Liquidity Measures Show Markets Stretched to the Limit

173td3

Old Gold Uptrend Could Get Smoked

173te8

173tfq

173tg4

Slush fund nears effective zero. 

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But T-bills are instamoney and light coupon supply ahead. Primary Dealer Crisis Now, Crisis Later

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For moron the markets see:

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Posted

Current screens yielded 433 short-term buys and 229 short-term sells. Rangebound whipsaws continue to dominate the action. After applying long term trend structure and intermediate term filters, there were 41 buys and 23 sells. Non-subscribers click here for access.

Technical Trader subscribers click here to download the complete report.

To view the list and charts of open picks, Non-subscribers click here for access.

Not a subscriber? Get price and time targets, and weekly swing trade chart picks, risk free for 90 days! 

Posted

Klaatu, berada nikto

 

Thats it.....   I'm writing in Gort for President!  

That was a great movie for its time

Posted

Federal withholding tax collections stalled in October. The jobs report mirrored the tax collections for a change. Non-subscribers, click here for the rest of the story.

Subscribers, click here to download the report.

According to economists, external factors were to blame for the slowdown. For once, I won’t quibble. These included the 2 hurricanes that pounded Florida and the Southeast, and the Boeing strike. That strike will continue to impact year to year comps for as long as it lasts. Hopefully, there will be no more hurricanes. Non-subscribers, click here for the rest of the story.

10/4/24 If revenue continues this red-hot growth, it’s even possible that the November TBAC forecast will show at least a small reduction in expected Treasury supply. That’s something to keep in mind with the 10-year Treasury Yield breaking its 6-month downtrend today. This is a shift toward greater bearishness that I think is reasonable, but that could change come early November if the Treasury shocks the market with a supply reduction. Non-subscribers, click here for the rest of the story.

That outlook came to pass, with a small reduction in expected supply for the next 3 months. I will consider that in greater depth along with a detailed supply schedule estimate in a report to follow in a few days. The biggest wildcard, however, is the re-imposition of the debt ceiling on January 2. If past debt ceiling episodes are any guide, the Treasury xxxxxxxx xxxxxxxxxxx xxxxxxxxxxxx. Those paydowns are normally a xxxxxxxxxxx influence. That would start in January. More on that in the next report. Non-subscribers, click here for the rest of the story.

KNOW WHAT’S HAPPENING NOW, before the Street does, read Lee Adler’s Liquidity Trader risk free for 90 days! Act on real-time reality! 

Posted

I go away for a few hours and come back and What the hell is this? That positive divergence at the double bottom was the tell. I pointed that out last night. 

173zfi

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