'say no more, wink wink. say no more'
Mtl JP 08:38:34 GMT - 04/30/2021
ahead of last NY session of the month
10-yr 1.656% (ie. below its recent hight)
DLRx 90.74 - uP off its yesty 90.38 low)
Euro Sup / Trgt at 61% Fib - c chart
Belgrade Knez 09:31:16 GMT - 04/30/2021
Mtl JP 08:38 GMT April 30, 2021
to calculate fib on daily eu I am using 1.23439 - 1.17041
hence fib support on my chart bit different.....
Mtl JP 09:35:10 GMT - 04/30/2021
Knez how we die is a function of the poison we chose *V^
Belgrade Knez 09:39:43 GMT - 04/30/2021
absolutely, just sharing different levels so it might be useful
Mtl JP 15:01:06 GMT - 04/30/2021
Fib Sup & Trgt ... BINGO !
Mtl JP 15:36:11 GMT - 04/30/2021
10-yr 1.636, near its day's low
sometimes ... dlr and yield do not correlate
Mtl JP 18:05:52 GMT - 04/30/2021
euro needs to hold S 2018
else ... lights will go out
Mtl JP 00:46:52 GMT - 05/03/2021
heeerrre pigeons .... over heeerre ...
..."The Honest Company (HNST) is looking to raise as much as $439M in an IPO next week that could give co-founder Jessica Alba a stake valued at about $96M. Jessica Alba (Honest Company (HNST)) - doesn't plan to sell any of her shares. them in the offering, according to the filing. The Los Angeles-based company had a net loss of $14.5M on revenue of $301M in 2020, compared with a loss of $31M on revenue of $236M the previous year."... - seekingalpha
Jkt Abel 00:54:47 GMT - 05/03/2021
JP, do you see loonie at 1.18-1.20xxx as attractive enough for long play?
Mtl JP 03:46:29 GMT - 05/03/2021
Puppy is sitting right on l/t Sup
It is a relatively low risk price point to trade either side (hold or break S) as one will know if the bet is winner or loser soon enuff - bar whipsaws.
Mtl JP 14:20:39 GMT - 05/03/2021
new week, new month.
I don't expect the pop uP in DLR to have legs (i.e. N of 91.50)
EURO 1.2071 is prancing above its 100day w/next Res at 1.21
Sup in the 1.2015 / 1.1990 zone
GVI Forex15:49:41 GMT - 05/03/2021
GVI Forex 15:30 GMT 05/03/2021 - My Profile
FX and US yields correlating
Yields just popped and files moved higher
on the AT Forum
Chinese air-force jets feeling very comfortable about being inside Taiwanese air-space. S/T spike down (of few minutes ago) in risk or developing RISK OFF theme for few sessions.
PAR12:43:13 GMT - 05/04/2021
Biden is and always has been a Pentagon man. He is a bellicose president and only listens to his generals.
Biden = Lord of Wars
Mtl JP 14:15:17 GMT - 05/04/2021
10-yr down -0.04 to 1.563
sofar stocks(down) saying not good nuff
Israel MacroMicro 17:44:35 GMT - 05/04/2021
that's all gloom and doom gurus can do?!
week or two and we may see for real how "blow off top" process happens, noticeable higher ATH with all indices before end of October of this year.
from there, trade with helmet on :)
gl / gt
PAR17:48:37 GMT - 05/04/2021
Agree. Don't spoil the holidays of the super rich.
They all want to come to the South of France.
What did you expect.
Israel MacroMicro 17:52:56 GMT - 05/04/2021
there must be a reason and someone got well served by CME raising the maximum size of positions that "institutional" are allowed to hold.
Mtl JP 18:02:44 GMT - 05/04/2021
so yellen's interest spew cost gold to lose $15.80 (nearly 1%)
I suppose the next "message" will be what they chose to print in next few CPI (4% ??) -- and how housing reacts. housing is probably the risk lynch pin. and inflation expectations
NY JM 22:05:01 GMT - 05/04/2021
Yellen tempered her comments and voiced the Fed’s inflation is transitory party line.
Mtl JP 22:53:52 GMT - 05/04/2021
Jay ... now that yellen has gone "trump" on powell
IF powell is not pissed with yellen, he needs to publicly come out - probably multiple times and in various forms - and say that he is pissed with her contrary meddling to what he and his minions have been clearly saying about QE and interest rates steadfastedly and over and over.
Vienna GD 06:22:51 GMT - 05/05/2021
Israel MacroMicro 17:44 GMT 05/04/2021
"Blow off top" and "5-15%" correction "into June" - READs somewhat different than what might happen thereafter (where BTW I also expect higher ATH across several assets) - NOT?
Have a nice day.
Vienna GD 06:30:01 GMT - 05/05/2021
and BTW a few indices are already close or already have met the minimum of 5%. But (highly) likely there is more to come (for most indices and also for PMs).
Of course in an orderly way. As everything is under control. So nothing to see, nothing to fear. As after that everything again to da moon.
For a while.
hk ab 06:30:55 GMT - 05/05/2021
GD//JIMVHO, fears are often "unexpected".
hk ab 06:30:55 GMT - 05/05/2021
GD//JIMVHO, fears are often "unexpected".
Mtl JP 08:26:51 GMT - 05/05/2021
DLRx 91.38, HoD 91.415
doom doom , doom doom ...
powell FED gang's independence credibility is on the line
Mtl JP 08:26:55 GMT - 05/05/2021
DLRx 91.38, HoD 91.415
doom doom , doom doom ...
powell FED gang's independence credibility is on the line
Mtl JP 10:13:29 GMT - 05/05/2021
Dubai tapped to host Germany’s canceled Oktoberfest, upsetting some traditionalists
Israel MacroMicro 13:14:24 GMT - 05/05/2021
Vienna GD 06:22 GMT May 5, 2021
the beauty of trading is thanks to different definitions by participants to the term PROCESS
all see the same, not all capable to see and ride the roadmap of the journey to see
Mtl JP 15:10:24 GMT - 05/05/2021
goodi-good, 91.50 holds Res
evans (policy likely on hold for some time), rosengren (currently yakking) and mester (yet to yak at top of the hour) on economy and policy
Mtl JP 16:49:10 GMT - 05/05/2021
Rosengren says higher inflation will be as temporary as last year’s toilet-paper shortage
Mtl JP 16:52:34 GMT - 05/05/2021
Ruling negates program that has helped millions of tenants who have fallen behind on rent during the coronavirus pandemic
Will be 'deliberately patient' regarding inflation
More progress needed in job market before forward guidance conditions met
Not too concerned that inflation will get out of hand
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.”
― Charles MacKay, Extraordinary Popular Delusions and the Madness of Crowds
dc CB 19:58:11 GMT - 05/05/2021
COVID vaccine business, which Pfizer said just yesterday will likely be a "durable revenue stream" as COVID vaccines likely become an annual dose like the flu vaccine.
10-yr 1.608 (+0.014)
a nebulous day about the dollar but
91.50 holding Res so far after 3 days of ~91.45
still holding nega-bias on the dlr
Mtl JP 23:32:55 GMT - 05/05/2021
The Department of Labor is set to release its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics expected from the report, compared to consensus data compiled by Bloomberg:
Initial jobless claims, week ended May 1: 538,000 expected vs. 553,000 during the prior week
Continuing claims, week ended April 24: 3.620 million expected vs. 3.660 million during the prior week
Mtl JP 08:27:05 GMT - 05/06/2021
10-yr 1.582 (vs 1.573 overnite)
DLR down -> euro uP ...
simple as uno dos
"Relations sour further between China and Australia as Beijing suspends economic dialogue"
Not the first time CCP having behavioral trouble
Mtl JP 08:48:47 GMT - 05/06/2021
eat this greta:
Biden Leans Into Plans to Tax the Rich
“We’re not going to deprive any of these executives of their second or third home, travel privately by jet,” the president said
Mtl JP 17:14:55 GMT - 05/06/2021
looks like the 100day 's got a solid grip on the puppy atm doesn't it
Mtl JP 17:46:20 GMT - 05/06/2021
anyone want to take a stab:
BARRON'S - Volkswagen Profit Jumps and EV Sales Double. Why the Stock Is Falling
why indeed ?
Mtl JP 17:54:14 GMT - 05/06/2021
is another puppy stuck in a twilight range (50 pips worth)
Mtl JP 22:05:46 GMT - 05/06/2021
I ll be darned - a catalyst
or someone decided nuff of waiting I believe jerome
Mtl JP 22:10:59 GMT - 05/06/2021
so the next thing that comes to mind is ...
will asia ape the late surge
only the brave will find out
Mtl JP 22:28:48 GMT - 05/06/2021
sitting just abouve its S at 90.82 prev day low
staying alert and staying short
Mtl JP 07:27:11 GMT - 05/07/2021
currently 1.2050 seems to have repulsive characteristic.
DLRx popping uP off 90.70 should help cap euro
Mtl JP 10:13:31 GMT - 05/07/2021
...musk's "lucky people"...
If you see a video after clicking the link, you are one of the 30 lucky people who will get to try the software for free.”
because ... "Colonial Pipeline said Sunday that it was still developing a plan for restarting the nation’s largest fuel pipeline -- a critical source of supply for the New York region -- and would only bring it back when “safe to do so, and in full compliance with the approval of all federal regulations.” Gasoline futures surged by as much as 4.2% in early electronic trading on Sunday"...
all that is mising is ___ for $3 per
Mtl JP 08:28:21 GMT - 05/10/2021
but we all knew / know it.
(Bloomberg) -- Global central banks are starting to wind down the trillion-dollar money printing machines set in motion to rescue their economies in 2020. Getting ahead of them is becoming this year’s biggest currency trade.
ahead of NY
10-yr 1.577 (52 WEEK RANGE 0.502 - 1.778)
Mtl JP 09:01:25 GMT - 05/10/2021
Bond Traders See a Path to 2% Yields Lurking in U.S. Jobs Miss
"(Bloomberg) -- The prospect of a rebound to 2% yields on the world’s benchmark bond is alive and well.
Treasury-market bears found a deeper message within Friday’s weak employment report that’s emboldened a view that inflationary pressures are on the rise, and could boost rates to levels not seen since 2019." .../..
Mtl JP 09:59:20 GMT - 05/10/2021
(Bloomberg Sun., May 9, 2021) -- The U.S. labor market remains in a “deep hole” and needs aggressive support to speed its healing from the Covid-19 pandemic, said Federal Reserve Bank of Minneapolis President Neel Kashkari.
“We are still somewhere between 8 and 10 million jobs below where we were before the pandemic,” Kashkari said Sunday on CBS’s “Face the Nation.” .../..
Yellen: I believe we will reach full employment in 2022
CNBC 2 days ago
Yellen: Biden's plan could restore full employment by 2022
Feb. 8, 2021
GVI Forex12:55:16 GMT - 05/10/2021
As posted on the AT Forum
GVI Forex 12:24 GMT 05/10/2021 - My Profile
To state the obvious, it has so far been a EURGBP sell order driven day.
at 2pm NYT evans will be feeding the mushrooms
with something he calls "economic outlook"
s/t S 1.2140/35 bit more out 1.21
Mtl JP 09:04:57 GMT - 05/11/2021
what more does the market need to know ?
charles 'substantial progress' evans:
several months of 1 million jobs added
more wage growth
Fed's Evans says employment and inflation need to pick up before policy changes
Wall Street Journal
Fed's Evans Says It Is Too Soon to Talk About Fed Aid Pullback
(Reuters) - Federal Reserve officials would like to see higher inflation, more wage growth and several months of strong employment gains averaging 1 million jobs added before they would consider adjusting monetary policy, Chicago Fed Bank President Charles Evans said on Monday.
“We just want to be sure that monetary policy doesn’t get in the way of a vibrant labor market,” Evans said during a virtual conversation organized by the Society for Advancing Business Editing and Writing. “I think accommodative monetary policy will continue to be appropriate ... We’ve got, you know, some room to overshoot inflation.”
The Society of American Business Editors and Writers (SABEW) is an association of business journalists. Its headquarters is at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University in Phoenix, Ariz
mass communication ... mushroom farming
evans could not have chosen better venue.
next, soon should be clarida
Mtl JP 09:28:20 GMT - 05/11/2021
do you get the impression that the FED and players are like a he says she says couple having communication issue ?
but divorce is not an option
(except for the crypto crowd. maybe)
Mtl JP 09:56:09 GMT - 05/11/2021
Stocks fall across Europe and Nasdaq futures tumble 1%, as inflation concerns and selloff sentiment spread
10-yr 1.573% atm
more FED "mass communicators" on deck today
GVI Forex10:16:31 GMT - 05/11/2021
JP, check your source for US bond yields. US 10 year is 1.611%
Mtl JP 13:59:54 GMT - 05/11/2021
GVI Forex 10:16 - thky - looks like I did not clear my cache.
that would make it mea culpa.
1.620% or so still likely tolerable by "authorities", probably till 1.9-ish
as FED gang continues happily purchasing "minimum $120 billion/month"
Mtl JP 14:22:33 GMT - 05/11/2021
what do they know
players sellind dlr, bond and stocks ahead of tom's CPI ?
haifa ac 14:29:09 GMT - 05/11/2021
Nasdaq' Nikkei' Dax made today lower monthly low. I wonder why Tallinn viies did not mention this yet,
Mtl JP 14:30:59 GMT - 05/11/2021
my suspision is players are trading the famous wall of worry
probably trying to discount CPI's massive price moves-uP
williams about to yak at bottom of hour
follows brainyard at noon
and bosti, harker and cashncarry in the aft
in case players should be getting wrong ideas
haifa ac 14:33:22 GMT - 05/11/2021
Spx just punctured last week low-- dark clouds are gathering.
aerial combat between good and evil
Mtl JP 14:34:03 GMT - 05/11/2021
all mushroom feeders are voters
except harker and kashkari
Mtl JP 14:49:05 GMT - 05/11/2021
about this morn's stocks
down -> extends decline -> off -> skid lower
currently things not serious just yet as the moves are not anywhere near Babson Break (defined as ~ -3% decline)
Mtl JP 15:07:38 GMT - 05/11/2021
puppy's just a pain-in-donkey with its +/- ~30pip range around 1.2150
it's the DLR leg that needs to jolt in my optique
I just can't trade on some vaccination reports from europe vs us
Mtl JP 15:11:47 GMT - 05/11/2021
viies --- u a buyer around here ?
Mtl JP 16:03:55 GMT - 05/11/2021
just look at then (JP 15:11) and now
u a good bottom picker viies. like the teamwork
Mtl JP 17:35:36 GMT - 05/11/2021
sounds like an investment hint
Climate change means water and sewer utilities will need billion of upgrades over the next decade, report says - MarketWatch
cement, cement and plistic pipes and conduits, construction equipement, engineering firms ...etc
Mtl JP 17:59:15 GMT - 05/11/2021
from moderate to ... de or hyper / inflationary ?
CNBC’s Steve Liesman reports on commentary from the Federal Reserve’s Brainard on the economic outlook.
on deck: CPI
economists expecting +3.5%
Fed's Harker says
- 3% inflation is the maximum he would like to see
- it is 'premature' to talk about tapering asset purchases
PAR07:36:34 GMT - 05/12/2021
CPI calculations are more modern arts than economics.
Nothing scientific about it.
An NFP-like surprise may not be excluded
Mtl JP 10:15:07 GMT - 05/12/2021
huh what is this about ?
GVI Forex13:51:25 GMT - 05/12/2021
US 10 year 1.675%, +5.1 bp
Mtl JP 14:22:36 GMT - 05/12/2021
PAR 07:36 - it is better to consider CPI, GDP, unemployement, inflation etc etc as just words - vocabulary - in a specialized language used to communicate amongst specific groups of folks such as policy-makers, economists, financial elite, speculators and opportunistic traders, politicians or peasants. Same sentence is not necessarily aimed at all groups with same intention of understanding.
Mtl JP 14:28:59 GMT - 05/12/2021
odds are 1.2070 will hold S on next appraoch
Mtl JP 15:09:19 GMT - 05/12/2021
puppy overshot 1.2070 by only ~5pips
no dlr buyers usd, only sellers
Mtl JP 15:42:03 GMT - 05/12/2021
about CPI clarida communicates that:
"the rise in inflation is largely due to transitory factors. He speaks at a National Association for Business Economics virtual event." (Source: Bloomberg)
"is not concerned a coming expected rise in prices will persist, he said the accelerating recovery is not shifting the Fed’s commitment to keeping low interest rates and a $120 billion pace of monthly bond purchases until the labor market is fixed.
“Notwithstanding the recent flow of encouraging macroeconomic data, the economy remains a long way from our goals,” Clarida said. “It is likely to take some time for substantial further progress to be achieved.” via Reuters
Mtl JP 23:17:47 GMT - 05/12/2021
I have two questions.
Is the "it" transitory: y/n
What is good way to trade it: ___
(such as betting on risk off/on or that yields are going to fly higher)
Mtl JP 08:27:55 GMT - 05/13/2021
10-yr 1.694 (spiki uppi)
DLRx 90.65 (also spiki uppi)
what some jounalists term "worries", some players see and play profit opportunities. headlines:
What does inflation mean for the stock market? It’s supposed to be a positive —but investors are spooked now
Inflation is climbing, but it isn’t blasting past its 30-year range — yet
Asian markets follow Wall Street lower as inflation worries mount
Bitcoin bulls on social media reject Musk’s reasoning for halting crypto-based car sales
Government reminds anxious gas customers: ‘Do not fill plastic bags with gasoline’ (dummy asks: why not? smart one says: it may mean you never get laid. ever)
Mtl JP 08:42:04 GMT - 05/13/2021
one more moRE "fear"-based profit opp trading headline:
"Inflation fears grip markets as European stocks and U.S. equity futures slide" - authored by none other than Barbara Kollmeyer
this kind of reporting is symptomatic
Mtl JP 15:35:31 GMT - 05/13/2021
as janet's department peddles off 27 billion worth of 30-yr bonds at 13:00, waller yaks about economy at same time, follows bullard at 16:00 on essentially same topic but also on policy outlook as if one mushroom feeding were not nuff
puppy looks like it needs an electroshock wallowing as it is just above its 100-day.
Sup at 1.20, Res 1.21 & 1.2150
the Preakness runs this Sat.
The horse that one the Kentucky Derby and the Failed the post race drug test.....Will be running.
Got to keep the Triple Crown 'hope' alive. Def can't void the chance after the first race.
very similar to SToX
dc CB 17:47:51 GMT - 05/13/2021
''horse that won the Kentucky Derby and then Failed '''
GVI Forex11:12:28 GMT - 05/14/2021
US yields slippoinmg, dollar following
Mtl JP 11:16:50 GMT - 05/14/2021
and stocks ?
what will they do OR have they done their thing already
Mtl JP 13:12:18 GMT - 05/14/2021
flood of FED mushroom feeders with same "not to worry" formulation appears to have gained control over player schizzo emotions.
I maintain my nega-bias on the USD, just more prudently.
1:0 for the FED
has bullish overtone above its 100-day
close above 1.21 would support the bullishitude
Res at 1.2150/80, S 1.21 and ~1.2080
Mtl JP 13:50:19 GMT - 05/14/2021
and stocks ?
eye-catching: decisive players / robots filling pockets
Mtl JP 13:55:55 GMT - 05/14/2021
sub 1.2120/00 Sup puppy looks hungry for that previously pointed out 1.204x low, at least
Mtl JP 14:13:11 GMT - 05/14/2021
SellEURUSD Entry: 1.214x Target: south Stop: 1.215x
those who needed to trade into the 10am time point are now likely done
Belgrade Knez 14:22:59 GMT - 05/14/2021
Entry: 1.214x Target: south Stop: 1.215x
Friday high at 1.2152..... probably will test that level and few pips above until/if goes down again
Mtl JP 17:51:28 GMT - 05/14/2021
after 10am on Friday
trading against Knez
euro 1.2134 -> unlikely puppy will go much lower from here
S at 1.2130
Mtl JP 21:52:10 GMT - 05/16/2021
Colonial Pipeline says ‘normal operations’ have resumed following hack
Mtl JP 00:29:08 GMT - 05/17/2021
ya I am biased: this puppy is heading into the toilet
Mtl JP 08:18:56 GMT - 05/17/2021
revolt. disobedience. disrespect. discredit. central banks
follow. or anticipate.
Bond Vigilantes Swarm European Economies Where Inflation Is Hot
"(Bloomberg Sun., May 16, 2021) -- Bond markets are famous for pushing their agenda, and in east Europe right now, they’re pushing for rate increases, never mind what central banks have to say on the matter.
Yields on bonds of Hungary and Poland are rising faster than anywhere else in Europe. Hungary’s jumped 32 basis points last week, signaling traders are primed for rate liftoff as inflation roars back to life ahead of widespread economic re-openings this summer." ... .
Mtl JP 09:20:17 GMT - 05/17/2021
..."bragging about the car driving unaided" ...
stocks, sofar at least, not exactly enthusisatic about clarida "providing expert perspectives on emerging financial market issues and their monetary policy implications."
PAR14:38:52 GMT - 05/17/2021
Guess stocks will move higher once Europe is closed. Typical algorithmic
Mtl JP 16:47:38 GMT - 05/17/2021
PAR 14:38 that could be valuable tactical information
Mtl JP 16:51:31 GMT - 05/17/2021
helter skelter hallucinations
(Reuters) Fed's Clarida: U.S. growth could hit 7% this year
"It looks like the economy if anything can pick up speed this year...We could have growth north of 6%, possibly 7%," Current labor and supply bottlenecks, he said, are likely to pass, and evidence that "it may take more time to reopen a $20 trillion economy than it did to shut it down."
Mtl JP 17:02:42 GMT - 05/17/2021
why only 7% with all the trillion$ booster support
why not to the moon ?
Mtl JP 17:53:01 GMT - 05/17/2021
At first rapid read I read "pets" as "pips"
similar to "sharks" eating stops
Bald eagles are back. And they want to eat your pets. - MarketWatch
Mtl JP 22:13:02 GMT - 05/17/2021
Firm led by famed investor reveals short position on Tesla
Michael Burry of ‘The Big Short’ reveals a $530 million bet against Tesla
Ok so journalists get eyeballs.
"famed investor" lays his ballz on the line.
others, not so famed invetsors, are now scratching theirs contemplating do I follow or not.
dc CB 23:00:13 GMT - 05/17/2021
Mtl JP 22:13 GMT 05/17/2021
Another case of not reading 'the daily racing form'.
Burry also shorting .......
Mtl JP 23:29:29 GMT - 05/17/2021
jounalists are masters at sensationalizing
they get paid for bringing in eyeball clicks
and details ... what details
dc CB 00:41:39 GMT - 05/18/2021
leftist politics v Greeny Deal dreams.
watch SQM --(NYSE)
Sociedad Química y Minera de Chile SA (SQM), the world's largest producer of lithium.
do your own research
Mtl JP 01:21:47 GMT - 05/18/2021
puppy probably looking to tag Res 1.2180
above that 1.2242
On downside Sup in the 1.2125/00 zone
Mtl JP 06:18:30 GMT - 05/18/2021
it is time
for an executive decisions
Mtl JP 06:22:39 GMT - 05/18/2021
ding ding ding ding
time for yet another executive decision
Mtl JP 13:52:02 GMT - 05/18/2021
N of 1.22 thnaks to players dumping the dollar, just like the FED gang wants
s/t Res around 1.2242
monkey see monkey do:
ECB's Villeroy plays down inflation risks, says ECB ... - Reuters
“As of today, there is no risk of a durable return of inflation in the euro zone and therefore, it goes without saying, there is no doubt that the monetary policy of the ECB will remain very accommodative,” Villeroy
lets go VOLATILITY !
PAR14:12:03 GMT - 05/18/2021
Just trying to limit the ECB losses on its multitrillion bond holdings.
Mtl JP 14:15:08 GMT - 05/18/2021
Not a fan of USD bid so looking for when dlr buyers will tame their enthusism or dis-appear altogether.
Odds of N of 1.2225 low.
maybe my "famous last words"
Mtl JP 14:29:27 GMT - 05/18/2021
just like chinese communists
WEF Cancels Singapore Meeting as Pandemic Haunts Global Event - bbrg
just because they are out of spotlight , or especially because they are out of spotlight, are not to be trusted.
PAR15:00:54 GMT - 05/18/2021
Time to buy S&P before Europe closes.
dc CB 15:36:46 GMT - 05/18/2021
Quoth the Raven
This is what happens you pay ransom
*COLONIAL SHIPPERS SAY PIPELINE COMMUNICATION SYSTEM IS DOWN
10:27 AM · May 18, 2021
dc CB 15:39:04 GMT - 05/18/2021
July Lumber on CME Limit DN again----
Mtl JP 22:28:18 GMT - 05/18/2021
so us stocks did a somersault puke into the close
in board diving score: a 7
lets see how asia trades
Mtl JP 22:38:24 GMT - 05/18/2021
Is it hacker-proof ?
Why China’s digital yuan is ‘largest threat to the West’ in past 30 or 40 years, according to Kyle Bass
Just like not everyone may agree with me that chinese communists are not to be trusted.
dc CB 01:25:40 GMT - 05/19/2021
Pre 1990 Used Farm Tractors and Combines will double or triple in price.
Hoosier Ag Today reports, "The biggest factor impacting the ability of US farmers to produce the food we need has nothing to do with the weather, the markets, trade, regulations, or disease. The worldwide shortage of computer chips will impact all aspects of agriculture for the next two years and beyond... farm equipment manufacturers have halted shipments to dealers because they don't have the chips to put in the equipment... not only have combine, planter, tillage, and tractor sales been impacted, but even ATV supplies are limited. Parts, even non-electric parts, are also in short supply because the manufacturers of those parts use the chips in the manufacturing process. As farmers integrate technology into all aspects of the farming process, these highly sophisticated semiconductors have become the backbone of almost every farming operation."
a bit of history according to Bloomberg
Stocks in Asia declined with U.S. and European equity futures Wednesday as concern about faster inflation overshadowed the economic recovery from the pandemic. A dollar gauge traded near the lowest level this year.
Mtl JP 10:53:44 GMT - 05/19/2021
can someone disprove the 1-> 2-> 3 theory that the squid has the market by the ballz when it dumps GOLD ?
1) GOLD 1856 from 1874
2) just in time for DLRx 89.655 to hold S and
3) EURO 1.2240 hold Res
Mtl JP 12:03:49 GMT - 05/19/2021
heading into NY
and stocks look like they ll be puking
Mtl JP 12:15:52 GMT - 05/19/2021
“This is healthy, but I think we all wish this didn’t happen.”
some "senior trader at Wave Financial"
Macklem's Bank of Canada Warns Home Buyers Rates Will Eventually Rise
“Interest rates are unusually low, borrowers and lenders both have a role in ensuring that households can still afford to service their debt at higher rates. Counting on ever-higher house prices to build home equity that can be used to refinance mortgages in the future is a bad idea."
no sh.t sherlock. I can hardly wait for manifestation of "The central bank found there are signs of more speculative activity in some key markets that could post financial stability concerns." and "concerns associated with any repricing globally of risky assets with stretched valuations." Who likes exhuberant pricing ? And who likes lower prices (i.e repricing) ?
Mtl JP 22:59:40 GMT - 05/20/2021
Maclem's BoC next rate: June 9
Mtl JP 07:02:59 GMT - 05/21/2021
the crux price line
Mtl JP 09:33:57 GMT - 05/21/2021
Gold Heads for Third Weekly Advance as Inflation, Fed in Focus
(Bloomberg) -- Gold headed for a third straight weekly gain as the dollar continued to trend down, with investors weighing signs of inflation and economic recovery. .../..
Mtl JP 13:51:48 GMT - 05/21/2021
range getting tighter and while S at 89.65 tested multiple times the fact that puppy trades under 90 and when it pops gets pushed back under suggets no enthusiasm for it.
DLRCAD - 1.2050
puppy likely slave overall to mood around the USD
close under 1.2050 should open low 1.20 trgt
As I am still USD nega-biased ...
Mtl JP 23:51:59 GMT - 05/23/2021
Home Office considers charging EU citizens to visit Britain
The new Electronic Travel Authorisation scheme would be based on the US model, which costs £9
Mtl JP 23:55:12 GMT - 05/23/2021
... central bankers are already wondering ...
Global Rebound Euphoria Tests Central Bankers’ Nerves on Risk
Craig Stirling, Sun., May 23, 2021
Global Rebound Euphoria Tests Central Bankers’ Nerves on Risk
(Bloomberg) -- With the world barely through the worst of an unprecedented crisis, central bankers are already wondering if the next one is around the corner. .../..
From Washington to Frankfurt, what began months ago as a murmur of concern has morphed into a chorus as officials ask if a risk-taking binge across multiple asset markets might presage a destabilizing rout that could derail the global recovery.
Mtl JP 07:23:32 GMT - 05/24/2021
Hello ! Now POOF!
Mtl JP 14:07:21 GMT - 05/24/2021
puppy not getting much love
I continue to prefer selling pops uP / rallies
Mtl JP 19:43:38 GMT - 05/24/2021
sell ... or .... buy
and the difference in argument for either is the reason
why markets exist
... “That inflation shock fear eased over the past week,”
Now, investors are watching the Fed to see how quickly it will respond to the inflation.
The point is that investors are now expecting interest rates across the board to rise sooner rather than later. Don’t be surprised to see significant stock-market volatility as the Fed story unfolds. ...
Asian markets rise as inflation fears ease
Stocks edge higher in Tokyo, Hong Kong
..."Investors also have been encouraged by stronger U.S. corporate profits and consumer spending. That has kept the U.S. stock market near record highs and boosted optimism in global markets.
Data due out Thursday are expected to show the biggest global economy accelerated in the first three months of this year after expanding at an annual rate of 4.3% in 2020’s final quarter. Economists expect a huge rebound this year following the deepest slump since the Great Depression of the 1930s." .../.
Mtl JP 10:02:31 GMT - 05/26/2021
sitting on Sup line
the trend is still strong
for what I do not know
Mtl JP 16:18:25 GMT - 05/26/2021
above 90 puppy should find Res
Mtl JP 16:32:44 GMT - 05/26/2021
coincident with DLRx 90
euro should find Sup around here
Mtl JP 16:36:59 GMT - 05/26/2021
It is my premise that it is the DLR that sets the dancing tone
i.e dlr leads, euro follows
PAR07:16:12 GMT - 05/27/2021
Looking forward to along weekend in the USA.
" The US remains in focus today with a $62 bln 7y auction, April durable goods orders and the weekly jobless claims. We doubt though whether they will be pivotal for trading. The overarching feeling over the past few days is one of doubt and not knowing where to go from here. In the run-up to the long US weekend (May 31, Memorial Day) we don’t expect to see large directional moves. Both US and German (10y) yields are near or have hit first support levels. These should hold as long as the big picture of the economic reopening remains intact. The dollar’s downside got a little more protection after yesterday’s price action. That said, we see no reason for a protracted USD revival either. EUR/USD touched 23.6% Fibonacci support (Nov 20 – Jan 21 upleg) near 1.217 this morning. Some sideways consolidation might be in the making. EUR/GBP continues a choppy upward sloping path."
PAR07:34:38 GMT - 05/27/2021
Before and during a US holiday US markets almost always move higher.
Mtl JP 09:21:06 GMT - 05/27/2021
DLR s up against l/t Res live.
Breach N opens 90.40
and euro should ploink correspondingly
near S (and trgt): 1.2150-ish
PAR12:39:31 GMT - 05/27/2021
World markets rise on strong economic data and on Biden's plan to spend, spend and spend trillions and trillions.
Typical pre-US holiday markets.
Mtl JP 15:35:07 GMT - 05/27/2021
DLRx 90.05 - definitely undecided
euro 1.2187 - puppy definitely undecided as well bouncing inside 1.2210 / 1.2180
the buffalo herd needs a pistol crack
PAR06:40:50 GMT - 05/28/2021
Before and during a long US holiday weekend US stock markets always move higher.
A long-established Wall Street tradition.
Mtl JP 06:43:42 GMT - 05/28/2021
two same direction gaps
raise the Qtn: belief or fact ?
discounting economic re-opening: belief or fact ?
Mtl JP 07:22:14 GMT - 05/28/2021
10-yr 1.622 (vs ytd 1.765 high)
Nikkei ... is on fire. FIRE !
Mtl JP 09:04:38 GMT - 05/28/2021
"stable prices" mandate
Treasury Secretary sees ‘high rates of inflation through end of the year’
post PCE - a sleeper report it turns out - nothing fundamentaly new in the deck.
Bottom Line: keeping sell-dollar-rallies.
this pig looks like it ll bleed some more
likely short day; players likely to focus on NFP next Fr
Mtl JP 14:30:40 GMT - 05/28/2021
U.S. heads into holiday weekend with 51% of adults fully vaccinated and COVID cases down 35% from two weeks ago - MarketWatch
haifa ac 14:36:10 GMT - 05/28/2021
You forgot this:
After more than a year of social isolation during the pandemic, the sentiment may perfectly encapsulate the purported vibe of the coming months – a period in which people are swapping masks for a different kind of protection. Welcome to summer 2021: the summer of sex."
Is the low yield on the dlr a / the factor ?
Is sub 6.40 a trap ?
Seeking comments, postulations, trade ideas
Mtl JP 22:46:02 GMT - 05/30/2021
Reuters - Rapid appreciation of China's yuan not sustainable, says former PBOC official
BEIJING, May 30 (Reuters) - The rapid appreciation of China's yuan against the U.S. dollar may have overshot and will not be sustainable, a former central bank official said in an interview with state media Xinhua News on Sunday. .../.
Mtl JP 05:52:56 GMT - 05/31/2021
H&S in the making ?
is that what is next ?
Mtl JP 07:53:59 GMT - 05/31/2021
ahead of holiday monday NY
"Asian markets fall after disappointing economic data from Japan, China"
"(Bloomberg) -- Stocks in Europe struggled for traction along with U.S. futures after signs China’s economic recovery may be leveling out and as investors continue to weigh global inflation risks.
Here are key events to watch this week:
U.S. markets will be closed for the Memorial Day holiday.
U.K. markets will be closed for the Spring Bank holiday
Reserve Bank of Australia policy decision Tuesday
OPEC+ meets to review oil production levels Tuesday
Philadelphia Fed President Patrick Harker, Chicago Fed President Charles Evans, Atlanta Fed President Raphael Bostic and Dallas Fed President Robert Kaplan speak Wednesday
U.S. employment report for May on Friday"
Mtl JP 14:15:06 GMT - 05/31/2021
with UK and US closed, market is drifting.
later in the week potentially market dynamic will change on US employment and PMI releases
appears to be getting somewhat lame: not expecting much enthusiasm for the puppy in light of the steep plunge on Fr.
Sup 1.2180/75/50-ish; Res 1.2215 and around Jay's magical figure.
Mtl JP 16:02:50 GMT - 05/31/2021
• The May jobs report looms large for markets in the week ahead, with 674,000 jobs expected, after last month’s disappointing 266,000 payrolls.
• Stocks turned in a mixed performance in May, and according to Bespoke, June can be weak, with the Dow down on average 0.7% for the month over the last 20 years.
• The focus will largely be on the economy and the Fed in the coming week, after another hotter-than-expected inflation report was released Friday.
as long as yield is tamped (say under ytd's high)
USD is in sell bias.
additionally, higher commodities means lower usd
which plays with commodity ccies
I am enthusiastic about the puppy, stuck as it is between 1.2150 and 1.2250 currently
Res 1.2250/1.23/2349 (or targets)
Mtl JP 14:16:24 GMT - 06/01/2021
... am enthusiastic... s/be am not enthusiastic
Mtl JP 15:01:30 GMT - 06/01/2021
Dog eat Dog
going after the gap
Mtl JP 15:07:57 GMT - 06/01/2021
saves me typing
10:54 S&P 500 down 0.1%; Nasdaq Composite drops 0.4%
10:53 Dow industrials up 104 points, or 0.3%
10:53 Stocks erase opening gains; S&P 500, Nasdaq turn negative
10:49 U.S. manufacturers have tons of demand, ISM finds, but they’re handcuffed by labor and supply shortages
the solution to "tons of demand" is ....
raise prices. more. and if still "tons of demand" -> means prices still too low so raise prices. more. and moRE.
until demand balances supply
Mtl JP 15:54:35 GMT - 06/01/2021
on one hand: every "green" screams curb consumption, reuse and recycle
on the other: ..." factories are humming, with strong demand for products supporting activity that would be even stronger if the resources were available to expand production,”... but one is encouraged not to fear as "in time as millions of unemployed Americans are incentivized to fill a flood of job openings"
"Lapid announces: I succeeded in forming a coalition"
Leberman (russian thug)////Zandberg (communist)////Michaeli (Leftist) ////Mansur Abas (Arab head of ISLAMIC party who vows to exterminate Israel) Bennet (supposedly rightist)////Lapid (The Mayor of the State of Tel-Aviv)
Like a bunch of monkeys trying to form an orchestra ("The Quartet" by Krylov).
The only glue that holds this group is HATRED towards Bibi (who world leaders regard as great as Churchill as far as leaders go)/ Now that the single glueing factor is gone--what is holding them together?! N A D A.
We shall see how long this fictional government holds.
Mtl JP 06:52:00 GMT - 06/03/2021
it is dump risk time in Ldn
Mtl JP 14:56:34 GMT - 06/03/2021
US 10-yr 1.622
DLR still inside range.
Rallies, sofar, have been clubbed.
IMHO, even if NFP comes in hotter than experts' opinion, DLR's rally risks a Jubb's rampage - nless.... yield blows North
Mtl JP 14:56:48 GMT - 06/03/2021
US 10-yr 1.622
DLR still inside range.
Rallies, sofar, have been clubbed.
IMHO, even if NFP comes in hotter than experts' opinion, DLR's rally risks a Jubb's rampage - nless.... yield blows North
Mtl JP 15:05:55 GMT - 06/03/2021
Looking for a turn North.
Sub 1.2150 looks over-extended
Mtl JP 16:05:15 GMT - 06/03/2021
10-yr giving only 1.619%
and does not look like it is in a hurry to give more
Mtl JP 17:55:03 GMT - 06/03/2021
US 10-yr 1.623
some are probably asking:
Is this the start of a fresh climb in US yields?
Mtl JP 18:00:09 GMT - 06/03/2021
scared what vlad may have on him ?
"Biden will raise cyberattacks with Putin at meeting, White House says"
Mtl JP 00:19:37 GMT - 06/04/2021
there is something stocks don't like
nikkei is off, us snp continues to slide as well
Mtl JP 00:25:35 GMT - 06/04/2021
maybe it is the hot ADP as the wall-of-worry
that is making yield go uP
Jkt Abel 02:08:21 GMT - 06/04/2021
Gold rose, ab disappeared..gold down, kwun disappeared
Mtl JP 10:09:21 GMT - 06/04/2021
first wh let it be know that sleepy joe "will raise cyberattacks with Putin"
now a cnbc headlines that
"Biden administration mulling cyber attacks against Russian hackers"
haha, just keep mulling joe
Mtl JP 14:17:42 GMT - 06/04/2021
Note about elites, rulers, planners, schemers and assorted globalists:
LONDON, June 4 (Reuters) - Finance ministers from the G7 group of rich nations are meeting in London on Friday for two days of talks aimed at .../..
Then next week:
G7 Leaders' Summit in Carbis Bay, United Kingdom from June 11 to 13, 2021
(all of them travelling to shindig either by sailboat or hot-air balloon. sarc)
PAR14:21:48 GMT - 06/04/2021
G7 has become a little irrelevant in the current economic world.
Mtl JP 14:45:19 GMT - 06/04/2021
I suggest that it is not a good idea to dismiss even slightly the evil intent of the globalists to corral, to control, to squeeze and, if necessary, to punish.
Mtl JP 14:51:05 GMT - 06/04/2021
new (but old at the same time) from the admirer of chinese dictatorship:
“Now more than ever, world leaders need to come together to tackle the challenges of today and tomorrow. Canada will continue to work with our global partners to keep our people healthy, create jobs and opportunity, grow the middle class, fight climate change, and strengthen democratic values. Only together can we bring an end to this pandemic and build a future that works for everyone.”
Well gold very much off the high and no sign of returning high. Usdx also holding key 90 level. Betting on usd to hold ground here.
Jkt Abel 16:50:18 GMT - 06/04/2021
Gold will close below 1900, top for today is in. Same with other usd cousins.
Mtl JP 17:26:53 GMT - 06/04/2021
Abel I wish me luck as I continue 2 b dlr-bear biased. Even IF puppy closes N of 90.05 it ll close uP on the week.
With NFP having come in yet again crappy (+559K vs +675K xpct'd) odds of FED gang yik-yak to quell their minimum $120bln QE and/or hiking yield are currently POOF! and off the table. (Mester says "We want to be deliberately patient here because this was a huge, huge shock to the economy," "Bottom line, I would like to see further progress than where we are right now." - on cnbc)
In aggregate I read that as dark clouds for this week's DLR flop-uPs.
Mtl JP 17:35:12 GMT - 06/04/2021
to borrow from a famous advertisement
"do you know what is your wallet"
FINRA and the SEC are going after brokers who don’t do enough to protect their customers
... "Once the rules have been drawn up in the land of indexing, once the play has been called in the huddle, you don't have that ...
Mtl JP 12:03:58 GMT - 06/06/2021
ECB Isn’t About to Flinch at First Sign of a Recovery: Eco Week
(Bloomberg) -- European Central Bank officials will debate whether to prolong their elevated pace of emergency bond-buying this week, a judgment that rests on how fragile they determine the economy’s recovery to be. ... A lively debate is likely though, in a possible precursor to the discussion the Federal Reserve will have the following week on whether to keep up its own stimulus or start paring it back. ../.
Bank of Russia holds a rate-setting meeting Friday
U.K.’s monthly GDP, industrial production and trade figures due Friday.
U.S. CPI on Thursday; April job openings and report on jobless claims
Fed are in blackout this upcoming week ahead of their next meeting on June 15-16.
Bank of Canada rate decision Wednesday
NY JM 12:14:40 GMT - 06/07/2021
This feels like the calm before key events/data mid week onwards.
London Trader 13:32:39 GMT - 06/07/2021
Is anyone playing the short USD side or just the range?
Mtl JP 14:32:48 GMT - 06/07/2021
near Res at 1.2185
Can the puppy be lamer than lame ?
still inside the 1.2150-1.2250 corridor.
st S at 1.2150/45, more likely at 1.21
To show some spunk it will need to breach and stay N of 1.22 at least
Mtl JP 14:45:16 GMT - 06/07/2021
sharks nibbling at stops
Mtl JP 14:47:18 GMT - 06/07/2021
this is where some sort of privileged knowledge about order line could come in handy
Mtl JP 14:59:12 GMT - 06/07/2021
some might argue euro enthusiasm (HoD 91 sofar) is the fault of eurgbp
Mtl JP 15:22:55 GMT - 06/07/2021
is this a hint:
Energy Secretary Granholm Says Hackers Could Shut Down the U.S. Power Grid - Barron's ?
Mtl JP 22:25:16 GMT - 06/08/2021
bing bang and ... POOF !
did you feel the earth move (besides some pork-related stocks) ?
• Infrastructure negotiations between the White House and a small group of Republican senators have collapsed.
• With no deal in sight, President Joe Biden spoke by phone Tuesday with senators who are part of a bipartisan group that has been quietly working on a backup infrastructure plan.
• In addition to bipartisan options, Biden also spoke to the top two Democrats on Tuesday, and gave them a green light to begin crafting an infrastructure bill that can pass without any Republican votes.
AND 15 mins later
502.904 Billion------------AKA Half-a-Trillion Dollars
Mtl JP 07:26:12 GMT - 06/10/2021
London is betting that
1) CPI is coming in "hot" OR
2) pushing price lower ahead of a benign CPI to get in at better price
I am leaning to #2
Mtl JP 07:02:23 GMT - 06/11/2021
futures are flat after new high and nevermind rising inflation
Mtl JP 21:41:58 GMT - 06/20/2021
How long does liquidating market take to liquidate ?
Presumably started after wednesday's jerome act.
then bullard's act II clobbered the market puppies some more.
subsequent kashkari act IIb did little if nothing to market nega-sentiment sofat.
"euro will be back at 1,21 next week." - Tallinn viies 06 -17-2021
bit more out:
"The Fed has penciled in two rate hikes for 2023, but by the time they get around to hiking, they will instead be cutting." Mike Shedlock - from GVI Forex 10:40 linked piece
Mtl JP 14:11:45 GMT - 06/21/2021
lagarde yaks again at 10:15 - ~5 mins
Mtl JP 14:25:37 GMT - 06/21/2021
DLRx 91.885 (down a bit)
Puppy mildly bullish.
S 1.1850; puppy popping N of 1.1925 and holding it should open 1.1950/75 in the short term
Mtl JP 15:14:17 GMT - 06/21/2021
The un-spoken awkwardness in market is lack of confidence in and quiet worry for the outlook for US economy as the Fed gang gingerly attempts to broach the tapering topic. Maybe that is why USDis off some this morning.
Outside the rainfall of various FED gang members yakking, chief mushroom farmer yaks tomorrow. (officially to politicians)
Bottom Line propaganda message:
tapering economic "support" remains a handle with care like early versions of nitroglycerin with plenty advance trumpeting.
USDx 91.865; 10-yr 1.426%
Mtl JP 15:27:26 GMT - 06/21/2021
- first interest rate hike could come before tapering has ended but not what he wants now
- he doesn't think tapering will be on auto-pilot
- it is up to FOMC when to start tapering asset purchase, says it takes time to organize
- economy is booming and strong growth may last for several years
Mtl JP 16:18:24 GMT - 06/22/2021
Puppy looks as if it has seen its top (reached the 18th), currently panting and resting after last week's euphoric rally.
At top of hour Fed peddles off 2yr bonds.
Mtl JP 16:26:30 GMT - 06/22/2021
Puppy looks hesitant bullish while above 1.1850 Supp.
To run uP it needs to pop N of and hold 1.1925
Mtl JP 16:36:42 GMT - 06/22/2021
lets see if Nigel is trying to be funny
HK Kevin 16:50:30 GMT - 06/22/2021
Basically, both EUR and GBP are in buy mode after breaking ytd high.
Actionable trading levels delivered LIVE to YOUR charts
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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