There are so many things happening its hard to keep up with them, Europe is in disarray again as Spanish regions seek bailouts, the F_E_D's Beige book makes me happy I entered the GLL (GLD 2x short) as the report is QE negative.
The risk asset layout has lots of interesting things happening, right now AAPL has a larger triangle, if it doesn't break to the upside, the market is going to have difficulty as the underlying trade deteriorates in most timeframes in most averages, but badly in the IWM and the QQQ, the former leaders of underlying strength.
I was going to post some of those charts, but I think my time is better spent elsewhere at the moment.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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