IBB
338.12
+1.28
+0.38%
 
AAPL
160.47
+0.59
+0.37%
 
TVIX
8.86
+0.03
+0.34%
 
XIV
109.53
-0.15
-0.14%
 
TNA
65.66
-0.59
-0.89%
 
TZA
13.47
+0.12
+0.90%
 
UVXY
16.22
+0.08
+0.50%
 
NASDAQ
6623.657
-0.348
-0.0052%
 
S&P500
2559.36
+1.72
+0.07%
 
NYSE
12349.97
-9.55
-0.08%
 
IBB
338.12
+1.28
+0.38%
 
AAPL
160.47
+0.59
+0.37%
 
TVIX
8.86
+0.03
+0.34%
 
XIV
109.53
-0.15
-0.14%
 
TNA
65.66
-0.59
-0.89%
 
TZA
13.47
+0.12
+0.90%
 
UVXY
16.22
+0.08
+0.50%
 
NASDAQ
6623.657
-0.348
-0.0052%
 
S&P500
2559.36
+1.72
+0.07%
 
NYSE
12349.97
-9.55
-0.08%
 
Default Debt Woes shall be Resurrected in April

HY such as HYG and JNK negatively diverge from equities suggest stress is returning. There is no getting around the US is in a tightening cycle, so get use to excess flush. 1Q16 US Default surpassed Lehman Crisis with energy and materials leading. Technology, and perhaps even biotech is next, especially after VRX debacle. April will be a wild month, as 30 energy companies have coupons due. Below is the recent divergence of HY vs. equities.

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Deceptive and Irresponsible.

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Stay in Touch With the Rally via Pitchforks

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We’re back at Jan’16 worries according to FRED

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Unwanted Stress in Cleveland

Unwanted Stress in Cleveland 


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We’re searching for the problem, and arrived here: 

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30 Year Cycle of Mismanaged Monies

30 Year Cycle of Mismanaged Monies 

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ABCD Harmonic SPY

ABCD Harmonic SPY

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WTI Recent Rally was merely a short cover rally. Expecting Reversion

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Rising Wedge Worth Watching

Rising Wedges Characteristics are notable for downside maneuvers. Price prints in distribution at steep premium to POC, which gives us insight, price is a phase of discarding inventory. That is visualized with the bi modal distribution built in the distribution area at 1990 and 2050. The level is of significant interest to market with possible portfolio unwinds or hedging at these levels. Price will ping pong the bi modal’s distribution until sentiment will imbalance. The wedge of descent has high probability of reversals. 

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30YR Conventional Mortgage Rate

30YR Conventional Mortgage Rate

Since 1985, price tends rotate a tight bracket before a recession.

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