Last week’s topics here were the new rally in the dollar and the expected low in bonds. I also said that the dollar rally would eventually manifest as a stock decline, as the value of Central Bank collateral on their balance sheets eroded. I’ve been tracking that close correlation as subscribers know for some time. […]
Entries Tagged as 'Gold'
May 26th, 2015 · No Comments
May 19th, 2015 · No Comments
Dollar signals abound! Details inside for subscribers. Here’s two versions of my Central Bank balance sheet vs Equities charts. The top chart shows the S&P 500 vs the FED, ECB, and BoJ. The 90 day correlation here is .56. The second chart adds in the PBoC balance sheet and compares it to the MSCI World […]
May 17th, 2015 · No Comments
There’s plenty of reasons to think the bond bottom is in for awhile.
May 13th, 2015 · No Comments
The stock hand that feeds them.
May 11th, 2015 · No Comments
There’s a helluva wall at 2119 cash S&P 500. click chart to enlarge
May 7th, 2015 · No Comments
The wedge has held, with buy signals today from both the VIX and S&P breadth oscillator. click chart to enlarge
May 4th, 2015 · 1 Comment
The S&P rises slowly within its “Wedge of Death.” click chart to enlarge click chart to enlarge click chart to enlarge
April 30th, 2015 · No Comments
The books close on another month.