DOW ECM...Let's See What Happens?

2020年2月18日

BLUF: Lets see what happens today with the follow thru or march higher...TBD! 10 YR Yields marching down to 1.50...TBD (Demographics/Pensions/BabyBoomers...get used to it!)

2020年2月18日

註釋

twitter.com/SethCL/status/1229722155941867520?s=20

Latest BofAML fund manager survey: cash levels fall to 4.0% from 4.2%, the lowest cash balance since Mar’13, and well under 5-year average of 4.9.

SPX..when evaluating breadth many dont include fundamental factors as symptomatic of trend. For example if cash position (BOFAML FMS) is just 4.2%, lowest since May 2013 & leverage has stretched to extremes, tail is quite fat. Breadth takes a backseat, there's depth.

2020年2月19日

註釋

We just hit the 100% symmetry level...we have support to 3400 now....will be much harder to pullback....too much momentum!