I have added no longs and no shorts to the list for Friday. After closed trades there will be 7 longs and 10 shorts on the list. I have tightened stops on the longs as key support levels and inflection points become apparent. I been adding stops to the shorts as they start to move. Newer picks need a little…
The TBAC has told us to pay no attention to its quarterly supply schedule forecasts. No wonder. They just underestimated February supply by over $100 billion. And the numbers for the rest of the first quarter and the second quarter are so scary, they don’t want us to look. Here’s what this means for the Treasury market and for stocks.
I have added no longs and 4 shorts to the list for Thursday. After closed trades there will be 9 longs and 10 shorts on the list. I have tightened stops on the longs as key support levels and inflection points become apparent. I am starting to add stops to the shorts as they start to move. Newer picks need…
Breaking one of two critical levels on the chart will signal the direction of gold’s next big move. This report gives those levels and the likely targets if one or the other is broken.
I have added no longs and 1 short to the list for Wednesday. After closed trades there will be 11 longs and 6 shorts on the list. I have tightened stops on the longs as key support levels and inflection points become apparent. New short picks need a little wiggle room to make initial moves before establishing stops. Including open…
Total liquidity will turn flat and eventually turn negative later this year as the Fed pulls money out of the system. Here’s why it should lead to rapid deflation of the stock market bubble.
The 13 week and 6-7 week cycle lows were due last week and the 4 week cycle low was overdue. They turned with a vengeance. However, only the short term indicators are confirming the turn. Here are the key benchmarks and indications to watch this week. Market Update Pro subscribers click here to download the report. Not yet a subscriber? Try…
The list’s current performance is weaker than the past couple of weeks. That is entirely due to 5 trades put on since Wednesday that haven’t had a chance to develop yet. Obviously, going the right way is not guaranteed, but the new trades need time play out. That will also be true of the 4 short picks to be added…
I have added 4 longs and no shorts to the list for Friday. After closed trades there will be 12 longs and 3 shorts on the list. I continue to adjust trailing stops on the shorts and they’ve been getting hit with good results. 10 of the 11 shorts closed this week have been profitable. I am adding stops to…
I have added 2 longs and no shorts to the list for Thursday. After closed trades there will be 11 longs and 6 shorts on the list. I continue to adjust trailing stops on the shorts as appropriate based on changes in the charts. I am adding stops to the longs as key support levels and inflection points become apparent.…
The tax cut will increase the deficit substantially this year. It will goose the economy, but will also add to Treasury supply at the same time as the Fed is removing money from the system. Here’s what it means for your investments and trading.
Short term cycles have turned up, but a rally through a trading range is meaningless unless it does certain things. Here’s what to look for.
Posts from Other Publishers
Today, I want to show you a very intriguing little piece of information. The Treasury knows that I’m watching their machinations, and they don’t like it one bit.
If you’ll recall, the TBAC (Treasury Borrowing Advisory Committee) is the shadowy “power behind the throne” that advises the Treasury on debt issuance. The Treasury very rarely deviates from their recommendations.
The post The Treasury Knows I’m Watching Them – and They Don’t Like It appeared first on Lee Adler’s Sure Money.
Today, I bring you a juicy piece of foreign intel from my weekly analysis at The Wall Street Examiner Pro Trader. While this is intriguing information, it’s not dangerous. Yet.
The post Here’s The Foreign Country That’s Rigging Our Markets (It’s Not Russia) appeared first on Lee Adler’s Sure Money.
If a currency can’t be converted on demand into the underlying commodity, it’s not “backed by oil,” it’s just another form of control fraud.The broke and broken country of Venezuela appears to be the first nation-state to issue a cryptocurrency token (…
According to The Fed’s The System Open Market Account (SOMA), a little over $4 billion of Treasury Notes has bit the dust
Both Larry the Cable Guy and Treasury Secretary Steve Mnuchin would be proud of this week’s Treasury auctions.
Venezuela must be taking the books/movies “The Hunger Games” literally.
To paraphrase Chubby Checker, “How High Will It Go?&
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Shah Gilani has been one of the most consistently bullish, enthusiastic voices on Wall Street.
He’s correctly called plenty of the Dow’s upward milestones, too.
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The post Why the Most Bullish Guy on Wall Street Is Sweating a 0.057% Move appeared first on Money Morning – We Make Investing Profitable.
(Bloomberg) — $35b auction was awarded at 2.658%, matching the When Issued (WI) yield at bidding deadline, highest 5Y auction stop since 2.665% in December 2009;