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Charts from the Lunatic Fringe.

louky

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QT is over he said

As of 1/30 Fed's B/S shows Assets of $4,039,678, an approximate $7.3B decrease from 1/23 Total of $4,047,050.

SOMA Holdings decreased by $7.1B for same period.

Does not include 1/31's QT day of $11.3B.

Next QT Day 2/15 for $43B

IMG_20190202_074024.jpg


When trump and his main man are talking, they're lying, just like the rest of 'em
 

dpong

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@louky you are some kind of mad genius? Congrats! This is my main thread. Waiting for S&P puts to work out well.
 

Uglytruth

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Why would investors pile into bond funds? Why now? Why heading this direction for 47 weeks? Why would they be running from stocks and locking in low return / no return investments, AT THIS POINT?

Do you have any real inflation data?

Shadowstats says around 5% inflation for the 1990 model and around 9% for the 1980 model. So why would anyone move to bonds to lock in losses?
Cash buried in the back yard would be about the same, metals are manipulated. Seems the only way to make any "return" is to issue credit like credit card companies, auto loans / leasing, payday lending & banksters do.
 

Goldhedge

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@louky you are some kind of mad genius? Congrats! This is my main thread. Waiting for S&P puts to work out well.
He's the brains of the operation...
 

louky

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Bear market rallies, after ~20% declines

SPX up 15% over last 38 calendar days since the low Dec 2018. Since 1957, the average rally before a retest during 19% declines was 14.5% over 36-days.
 

savvydon

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I wonder if we will be watching another video of him drawing charts like this for the big breakout in 2020? FWIW his approach seems well reasoned. My takeaway over the years, unfortunately, has been that reason has nothing to do with price discovery. Maybe this time it’s different...
 

Goldhedge

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louky

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Little pink blip caused the worst December since the great depression. Think about that next time you hear someone pumping 25,000 dow and how great everythng is

IMG_20190203_184031.png
 

Zed

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Swinging red and green all day. Pretty well flat EOD.
 

jelly

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Branching away from the PM sector for a bit. Here's a couple charts I found interesting.

Biotech sector dancing on the 200-DMA (red line). Bears would want a turn lower starting now. Above the 200-dma, should be bullish. I'm inclined toward a bearish stance. Volume has been declining in January.

BIo.png


Real Estate has been on an absolute tear lately. This one has been slipping under the radar. When does it stop? Who knows.
Real Estate.png
 

savvydon

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Looks like it's "do-or-die" time for silver. Clear negative divergence if we continue lower. We really need to head higher immediately if the bulls want to keep a pretty picture.

View attachment 123687
Let's see if it helps that we are approaching what looks like will be a golden cross of the 50 dma over the 200 pretty soon.
 

Zed

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Slightly soft down here...
 

Zed

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You guys!

To continue the analogy, brewers droop set in! Oy Vey!
 

Zed

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Silver Daily. Approaching trend, some support and a certain golden cross. Maybe we do the 50DMA but if buying kicks in soon we are looking good.

Screenshot from 2019-02-07 16-54-33.png
 
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