Back in July, I wrote a post about the market structure. This led me to a lot of chart drawing, reading, interviews watching etc... because when it comes to equity markets (US in particular), something seem to have changed. Yes, liquidity (QE & Co) has to with it but...
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Non igitur bene. Videamus animi partes, quarum est conspectus illustrior;
We just need to keep a close eye on this! The oustanding stock matters but what matters more is the ongoing change in the stock. Does something need to happen to keep this going?
Market structure and functioning have an intimate relationship with technology. I remember the 1987 october crash; computers' programs were blamed quite a bit. A few of my posts have focused on volume and market functioning. The Feb-March 2020 melt-down was quite impressive and revealed that liquidity was indeed a...
SGG has a preference for Silver bullion within the precious metal complex. Why? Silver is less "political" and viewed a bit as the Gold for the masses. Silver has an intimate relationship with Gold best viewed through the the GOLD/SILVER ratio. Back in March 2020, such ratio reached some extreme...
Here is an interesting chart of the S&P 500 published by Zerohedge . It shows that since May 1st 2020, the price action of the S&P 500 index is taking place at night when trading volumes are low and robots are working quietly in the background. Overnight session is the futures...
In "Will the shone of Gold last 1" from august 2019, some charts were presented to get a better grasp of the situation. SGG has recently reduced its overweight position to the precious metal complex. Several reasons behind such decision but oneof them is the performance of the yellow metal...
This chart came a bit as a surprise to me. Unfortunately I do not have additional depth/granulation which could help better understand. Several articles point out at the fact that many can't afford their car and car loans have already gotten pretty extended (7 years?). Buying a brand new car...
A picture is worth a thousand words. M2 Velocity , CPI , Money Stock M2 (% change from a year ago) The deflationary shocks have diminished so.... Did Jay and the Treasury overshoot? SGG tends to believe that we are having a paradigm shift.
Now that the original projection models for COVID 19 face hard data many questions will arise. The overall death rate is 0.26%. Officials estimate a 0.4% fatality rate among those who are symptomatic and project a 35% rate of asymptomatic cases among those infected, which drops the overall infection fatality...
