“In 2020, I Smell A Rat”

“In 2020, I Smell A Rat”

There have probably never been as many characteristics of a top as we are experiencing today… It is clear that it would have been a very hard sell a year ago that every single risk-on asset class from equities, to corporate bonds, to commodities would end up...
Is The Fed About To Intentionally Crash The Markets?

Is The Fed About To Intentionally Crash The Markets?

Stocks broke the uptrend (blue line) last week. They only just held critical support (red line). Had they not, it would have been an absolute bloodbath, The media is blaming the sell-off on coronavirus, but the far more likely candidate is that stocks were extremely...
Market Melts Up As Fed Turns On The Liquidity Firehose

Market Melts Up As Fed Turns On The Liquidity Firehose

“We are so overbought, and this is feeling like a panicky-just-get-me-in buy day. Be careful about being impressed.” – Kevin Muir Let me start this week, taking the lead from my dear friend Victor Adair of Polar Futures Group: “The S&P 500 keep printing...