Are we there yet? What can we take away from last weeks Friday bounce and todays follow thru day. If we were to rally from here where is the leadership and what should we be skeptical of?
$QQQ $SPY $TLT $DJP $RJI #equities #commodities
Join us today at 4:00PM EST, where we will be discussing what we can take away from recent market price volatility, progression of breadth readings, our current portfolio positioning and potential roads forward.
A close here or below for the major indices could pose a problem for Mkts next week. Don’t forget to use stops on vulnerable positions. $SPY $QQQ $IWM. A combination of velocity and strength in rates and the dollar are at issue. Don’t let little mistakes turn into a big one.
A week for generational shifts...First time 10yr yld has been through the declining 200 month MA since the secular decline began - What a move from 38 bps in 2020...structural trends showing signs of change all over. Likely to overshoot and backtest but big nonetheless $TLH $TNX
Is Brainard’s hawkish messaging changing the market tapestry…what is the signal coming from major asset classes and sub groups as it related to market leadership? $SPY $QQQ $TLT $RJI $DBA $XOP $XME $KBE #inflation
Gold vs GDX
As gold lost 0.6% on April 1st, senior gold miners GDX added 3% on a day!
This price action suggests that gold is headed higher over the coming days.
I have not seen such a strong negative correlation in a long run in a single day...
How much upside after the bounce from the lows? Has leadership shifted? This week, we discussed #equity outlook, longevity of #commodities rally and whether we have seen a secular shift in rates. $TLT $TLH $RJI $SPY $DXJ
Sometimes risk in the market is falling prices….and sometimes it is missing an opportunity to put cash into something being re-valued higher. This week we discussed the potential path for inflationary assets and the changing backdrop for markets.
What matters more, the news or the way the market reacts to the news? What can investors take away from recent market action - we will discuss the changing market internals and what it may mean for your portfolio. $TLT $SPY $QQQ $DJP $XME $GLD $IWM $DXY
Have a look at this wonderful yacht called Scheherezade. It’s been talked about for a while. The rumour is it belongs to Vladimir Putin. But there is not much proof, only talks. And that's why it hasn’t been arrested yet. It just sits there in the port of Carrara (🇮🇹).
While can always pullback, it is becoming clearer that we have entered a major new bull market in commodities. Combined with the shift in fixed income it is getting harder to ignore. Lots still to reposition. $TLT $TLH $COPX $DJP $RJI #commodities