(USTs mixed, 'clinging to support' on avg volumes) while WE slept; LOTTA LIQUIDITY + AI + large dollop of HOPE AND … we're aggressively UNCH over past 9mo (since Jackson Hole)
(USTs mixed, 'clinging to support' on avg volumes) while WE slept; LOTTA LIQUIDITY + AI + large dollop of HOPE AND … we're aggressively UNCH over past 9mo (since Jackson Hole)
Good morning … it’s really GREAT that yields are back to rising and stocks are BID and the whole March episode in banks is now firmly behind us and … claims? Well, THAT was all sorted out … phew …. all this did have me worried for a bit, ZH: Fed Emergency Bank Bailout Facility Hits Record High;
(USTs mixed, 'clinging to support' on avg volumes) while WE slept; LOTTA LIQUIDITY + AI + large dollop of HOPE AND … we're aggressively UNCH over past 9mo (since Jackson Hole)
noted by chartreport, "...The S&P 500 broke out to nine-month highs on an absolute basis this week. Austin points out that it's also breaking out relative to Bonds ($SPY/$TLT). This ratio closed at all-time highs after emerging from a seven-month base within a secular uptrend. If Stocks are in a bull market, you want to see them outperforming their alternative, and that's exactly what we're starting to see."
stocks bottom and outpacing bonds good combo / setup?
(USTs mixed, 'clinging to support' on avg volumes) while WE slept; LOTTA LIQUIDITY + AI + large dollop of HOPE AND … we're aggressively UNCH over past 9mo (since Jackson Hole)
S&P 500 Chart.....Looks like a Double Bottom ????
I'll leave that to professionals but did notice in context of BONDS, SPY / TLT tweet
https://twitter.com/meanstoatrend/status/1659647723165851650?s=20
noted by chartreport, "...The S&P 500 broke out to nine-month highs on an absolute basis this week. Austin points out that it's also breaking out relative to Bonds ($SPY/$TLT). This ratio closed at all-time highs after emerging from a seven-month base within a secular uptrend. If Stocks are in a bull market, you want to see them outperforming their alternative, and that's exactly what we're starting to see."
stocks bottom and outpacing bonds good combo / setup?