It certainly seems that all you need to know about the short direction of the stock market is whether the Central Bank balance sheets are expanding or contracting in dollar terms. click chart to enlarge My latest in the “Money Pump” series of charts – The Big 4 Central Banks, US, Europe, Japan, and China […]
Entries Tagged as 'Yen'
April 26th, 2015 · No Comments
April 23rd, 2015 · No Comments
Stocks are grinding, and have pushed through resistance, at least for now. click chart to enlarge
April 21st, 2015 · No Comments
It’s not broke until it breaks.
April 19th, 2015 · No Comments
Pay attention to the Central Banks and their ability to float more paper. click chart to enlarge Four Central Bank balance sheets summed in dollars; the FED, ECB, BoJ and PBoC, against the MSCI World Index.
April 16th, 2015 · No Comments
The oil rally has run out of seasoning. click chart to enlarge The crude oil Solunar Model did such a good job with the late January low, we need to pay attention to this seasonal high now.
April 13th, 2015 · No Comments
That short-term VIX signal fired off today. We’re preparing for the coming crude oil decline as well.
April 9th, 2015 · No Comments
The VIX loads to fire again.
April 7th, 2015 · No Comments
I’m waiting for an expected breakdown in the S&P 500. click chart to enlarge