Of “What if’s” and “Wish fors.”

Of "what if's" and "wish fors." 112016whatif

click chart to enlarge What if dollar yen was priced according to relative central bank balance sheets?

112016bigpump

click chart to enlarge The Dollar Rally, be careful what you wish for.

112016smallpump

click chart to enlarge

112016spxad

click chart to enlarge

Subscribe to see the rest of this post.

Sorting

It's been a rough week for conventional wisdom in many forms. Markets are soring winners and losers from the wreckage of conventional wisdom.

1112163dnh

click chart to enlarge

111216converge

click chart to enlarge The S&P has re-synced with the Nikkei, closing the recent lag.

111216goldyen

click chart to enlarge Gold says dollar yen higher.

111216dollaryenwhere

click chart to enlarge Relative balance sheet size says dollar yen much higher.

111216pumpsmall

click chart to enlarge

However, dollar strength depresses the balance sheet money pump denominated in dollars. A problem for stocks later.

111216bigpump

click chart to enlarge

111216spxad

click chart to enlarge

Subscribe to see the rest of this post.

Election Eve

I have no clue who wins tomorrow.

110716smallpump

click chart to enlarge I mentioned early last week that the dollar decline was re-inflating the Money Printing Pump and setting the stage for the next advance.

110716bigpump

click chart to enlarge

110716pumpcorrel

click chart to enlarge

110716goldyen

click chart to enlarge

110716spxad

click chart to enlarge Small bullish divergence confirmed today.

Subscribe to see the rest of this post.

Spirals Trump Moons

That Spiral Calendar date was important after all!  The lunar calendar had to wait for the Spiral to finish its business.

110116ndxd

click chart to enlarge October 24/25 was an important Spiral Calendar date.

110116pump

click chart to enlarge Falling dollar reflates the Money Printing Pump.

110116newlows

click chart to enlarge New lows waking up from a long slumber.

110116separate

click chart to enlarge Divorce.

10116spxad

click chart to enlarge video discussion inside.

Subscribe to see the rest of this post.