Thread: tsptalk's Market Talk

Yields right back down again. BND filled its gap and reversed...

The dollar is up, but yields are cracking again. What the heck? Are investors worried about inflation, or a slow down in the economy?

Seems like slowdown is the bigger risk and markets are looking forward.

The global economy has reached 'Peak Boom' and fund managers are much less bullish over growth, earnings and inflation compared to earlier in the year, Bank of America's July global fund manager survey shows.

https://markets.businessinsider.com/...ic-boom-2021-7

You've been spot on with that for a while. But the market sells off on either data now.

Some morning nerves from the Transports as it flirts with another breakdown below the key 100-day EMA.

The dollar is up this morning, although off the opening highs. We know about the I-fund's dependence on the dollar, but this chart shows just how much the S-fund (dwcpf) has disliked the rallies in the dollar in recent weeks.

Any thoughts on the put/call ratio? Was just going through some charts and it stood out. Biggest spike since the election.

pcratio.png

Originally Posted by Bullitt

Any thoughts on the put/call ratio? Was just going through some charts and it stood out. Biggest spike since the election.

These are 10 day averages but yeah, they're moving in the right direction to get to extreme.

Yields down again. The dollar is down slightly and the VIX is spiking.

Unlike previous short 2-4% pullbacks, this has nothing to do with Yields this time. Seems to be the 140% rise in Covid Cases/30% rise in deaths nationwide past 2 weeks...Delta Variant is threatening the entire "Re-opening Trade".
At some point, if yields continue to slowly slide down, that could bring the bottom a little quicker, IMHO.

Yeah, could be tied together - yields falling because of COVID cases.

10-year down to 1.15% this morning. The dollar is up sharply again, possibly because of the trouble in Europe?

The S&P is getting a bounce (dead cat?) off the 50-day EMA - can the pattern repeat? The Russell is up testing the Monday morning gap again. Big day, close is key.




Turnaround Tuesday? Shhh!