Thread: Bear Cave 2 (Bull Allowed)

VIX index closing at post corona lows, but even more importantly, the VIX 2/8 month futs spread closing at post corona lows as well. This is basically telling you there is "no" fear...

Let's see if today was the day to get into VIX longs...as every aspect of protection was puked.

Our latest VIX logic from earlier today not to be missed

Dollar - time to squeeze just when people reloaded shorts?
The DXY has mostly been boring over past weeks, but has managed bouncing off the range lows and refuses breaking down, as so many believe in.

It has pushed above the first negative trend and is pushing another shorter term negative trend line right now.

Note the big positive RSI divergence since May.

Second chart shows the latest net specs positioning, adding to shorts...

USD daily: It's clear to me.....

OK . I've been silent and lurking for years. Long time member from the beginning of this site. So what happened to Birchtree??? Loved his insight and bullish outlook. Anyone know

LOL.... Yes Sir! Birchtree was The Biggest and Badest Bull on the farm/forum in this case. I use to have fun mixing it up with him. Tom might know....

I don't think Tom knows. Birch tree just disappeared suddenly. I hope he didn't pass. He was very positive! He was always collecting "wallflowers" so I'm sure he was a multi-millionaire! I would like to think he eventually took time to gather his "wallflowers" and had a great time blowing them into the wind!

Coolhand seemed to have some contact with Birthtree after he left, but it's been a few years since I heard anything. I know was he was retired and enjoying life.

Last I heard he was building a house in the woods or something. Off the grid, perhaps?

It has been a wild one!

The Most Extraordinary Year Of Our Lives

" we haven’t even reached the halfway mark for 2021.
As we begin this article in June 2021, let us zoom back 106 years and examine where markets are today from a multi-decade, even multi-century perspective.
As we view SPX quarterly for the last 100 years, we see only one other period that even comes close to the exceptional nature of the last 12 years. That period was for those years leading up to 1929"

@SevenSentinels

38m
June 13, 2021 - 5 PM
Open To ALL

The Most Extraordinary Year Of Our Lives
https://sevensentinels.com/the-most-...-of-our-lives/

The following chart displays a closer view of this once in a century behavior of SPX since 2009:


We stand by those comments, as all of the data we’ve studied this weekend backs up these observations. But we await final confirmation.
We continue to believe that 2021 will prove to be “The Most Extraordinary Year Of Our Lives.”
Even more importantly, though, once the Bear Market gets underway for good, 2021-2023 has the potential to provide the most profitable period of our lives for trend traders.

Alice’s Adventures in Equilibrium



John P. Hussman, Ph.D.
President, Hussman Investment Trust

June 2021

This is not a market that is priced for the smallest shred of disappointment. Below, we’ve sorted S&P 500 into 10 deciles, by price/revenue ratio (thanks as usual to our resident math guru Russell Jackson for compiling all of this data). Each line shows the median price/revenue ratio of each decile. Keep in mind that the lowest valuation deciles typically represent companies in industries such as retail and industrials, while the highest valuation deciles typically represent companies in industries like information technology and medical devices. So each line is best compared with its own history. Presently, every one of these deciles is at the most extreme level in history (unlike the 2000 peak, when there was far more dispersion across valuations). This is breathtaking, and I don’t expect it to end well.
https://www.hussmanfunds.com/comment/mc210614/

thomas
@VolumeDynamics
·
1m
Here's a summary of our short term outlook for equity markets... From Monday's Forecasts - I cover $SPX, $NASDAQ, $SOX, $RUT, $XAU, $DJT, $GC, $CL, $GS, $AAPL with daily forecast updates.
https://twitter.com/VolumeDynamics

IWM daily: The pattern indicates IWM could move back down to tag the lower BB in the days ahead. Still trending above the 10 dma and it is now close to the Feb 10 price marker. Some good ST trading for those that traded the BB trades... Buy and hold are close to a push if they held the entire 4 months.