Expectations

What should we expect this week? I suspect we see another example of my belief that the most volatile moves are the most rational, i.e. most easily understood. At least if you're looking at the correct calendar.

122015tidal

click chart to enlarge

Subscribe to see the rest of this post.

Chart-a-Rama

Lots of pretty pictures today.

112215tidal

click chart to enlarge

112215spxAD

click chart to enlarge

112215eurofed

click chart to enlarge

Normalcy returns as Europe reaps the cheaper currency their money printing sows.
More charts inside!

Subscribe to see the rest of this post.

All About The Buck

At the end of the day, stocks are going to follow dollar yen.

And not much else matters.

102215yenemini

click chart to enlarge

102215pump

click chart to enlarge

Stronger dollar weakens  collateral value of Japanese and European balance sheets. But the market is simply discounting future money printing.

102215spxAD

click chart to enlarge
S&P breadth remains weak. In fact, breadth around the world is weak now.

Subscribe to see the rest of this post.

Fed vs. Nature

Who's going to win?

 

101015moneypump

click chart to enlarge

The Central Banks just won't quit.

101015goldjpy

click chart to enlarge

Weaker dollar is bullish for gold.

101015aspxAD

click chart to enlarge

Weak, unless it's signaling a sharp acceleration.

Subscribe to see the rest of this post.