Author Archive for Chart School

Big moving Averages and macro investment decisions

Courtesy of Read the Ticker

big-moving-averages-and-macro-investment-decisionsWhen price is falling every one wonders where demand will come in.





RTT black screen Tv videos study the simplest measure of price (simple moving average). What has happen before guides us now. 



















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Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.




NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



..”[Point and] figure charts are more valuable than vertical [bar] charts”..



Richard D Wyckoff





..”Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected”..



George Soros





.”Buying stuff people hate, that’s the business we are in, right!”…”you may need to have a longer time horizon”…”be patient”..



Mark Yusko





…“People somehow think you must buy at the bottom and sell at the top to be successful in the market. That’s nonsense! The idea is to buy when the probability is greatest that the market is going to advance”…



Martin Zweig (The inspiration behind a number of Martin Zweig’s methods came, from Jesse Livermore).





..”October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”..



Mark Twain











Cycle Trading – Funny when it comes due

Courtesy of Read the Ticker

cycle-trading--funny-when-it-comes-dueNon believers of cycles become fast believers when the heat of the moment is upon them.

Just has we have birthdays, so does the market, regular cycles of time and price. The market news of the cycle turn may change each time, but the time is regular. Markets are not a random walk.

Success comes from strategy and the execution of a plan.

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Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote…

…“It is impossible here to give an adequate idea of the Law of Vibration as I apply it to the markets. However, the lay man may be able to grasp some of the principles when I state that the Law of Vibration is the fundamental law upon which wireless telegraphy, wireless telephones and phonographs are based”…

William D Gann

..”Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic… There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it’s the end of a bull market or the end of a bear market.”…

Paul Tudor Jones

..“It’s not what you own that will send you bust but what you owe.”..

Anon

..”October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August


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US c19 – You anit see nothing yet!

Courtesy of Read the Ticker

us-c19--you-anit-see-nothing-yetNew York is just discovering their c19 status! While the stock market goes NO BID!



Ref : NYC Reports 532 New Cases, 11 Deaths As Residents Brace For Citywide Quarantine: Live Updates



Place your bets for: San Francisco, Chicago, Los Angeles, New Jersey





Here is c19 theme song! Baby, you have not seen nothing yet.
















The US news flow will fuel more HFT shorting for a few months yet! While the FED works out they have no effect against job losses, virus explosion or human nature. No wonder CEO were resigning the most in history. Remember the days when they said HFT adds to liquidity, yeah that was BS!



Get your popcorn!




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Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.




NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



…”In the long run commodity prices are governed by one law – the economic law of demand and supply”..



Jesse Livermore





..The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell”..



John Templeton





..“I buy on the assumption they could close the market the next day and not reopen it for five years” and “Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.”..



Warren Buffet





..“One must search through a maze of complex and contradictory details to get to the significant facts … Then he must be able to operate coldly, clearly, and skilfully on the basis of those facts.” The challenge for the successful speculator is “how to disentangle the cold hard facts from the rather warm feelings of the people dealing with the facts.” Moreover, “if you get all the facts, your judgment can be right; if you don’t get all the facts, it can’t be right”…



Bernard Baruch





In the short run, the market is a voting machine, but in the long run it is a weighing machine.



Benjamin Graham











RTT browsing latest..

Courtesy of Read the Ticker

rtt-browsing-latestPlease review a collection of WWW browsing results. The information here is delayed by a few months, members get the most recent content.

Date Found: Thursday, 17 October 2019, 09:38:56 PM

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Comment:
Ooops!

Date Found: Friday, 18 October 2019, 03:20:39 AM

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Comment:
50% drop in SP500, so says Yield Curve Inversion

Date Found: Sunday, 20 October 2019, 05:25:58 AM

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Comment:
Answer QE4 (Dow 38000)

Date Found: Monday, 21 October 2019, 06:18:45 PM

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Comment:
CEO Confidence vs Jobless Claims – Folks are about to get fired!

Date Found: Wednesday, 23 October 2019, 06:14:18 PM

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Comment:
Yip! You know a dollar crisis is coming when Germany starts to bet against the dollar by buying gold!

Date Found: Friday, 25 October 2019, 05:42:58 PM

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Comment:
Soft US employment is coming in the months ahead

Date Found: Saturday, 26 October 2019, 12:06:55 AM

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Comment:
Buy backs make the PE way over hyped!

Date Found: Tuesday, 29 October 2019, 09:42:48 PM

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Comment:
Hmm lack of confidence in higher stock prices

Date Found: Wednesday, 30 October 2019, 01:19:26 AM

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Comment:
First time ever (bottom panel at 100%). Data starts in 1956.

Date Found: Tuesday, 12 November 2019, 05:01:21 PM

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Comment:
EuroDollar warning continues ..

Date Found: Tuesday, 12 November 2019, 06:26:59 PM

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continue reading





Cause and Effect Trading – Now is the time

Courtesy of Read the Ticker

cause-and-effect-trading--now-is-the-timeOpportunities are presenting themselves for the new trends on the other side of this global liquidation.





Here are some stories on the Cause and Effect trading ideas this site is watching.






















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Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.




NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



..”Mathematical science, which is the only real science that the entire civilized world has agreed upon, furnishes unmistakable proof of history repeating itself and shows that the cycle theory, or harmonic analysis, is the only thing that we can rely upon to ascertain the future.”..



William D Gann





..”Earnings don’t move the overall market; it’s the Federal Reserve Board… focus on the central banks and focus on the movement of liquidity… most people in the market are looking for earnings and conventional measures. It’s liquidity that moves markets”…



Stan Druckenmiller





..”Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway”..



Warren Buffett





The minute you get away from the fundamentals – whether it’s proper technique, work ethic, or mental preparation – the bottom can fall out of your game.



Basketball Legend Michael Jordan.





..“Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.”..



Bernard Baruch











Bticoin Crash Big Channel Review

Courtesy of Read the Ticker

bticoin-crash-big-channel-reviewIs bitcoin digital gold? Well 2020 will tell us if this is true. Should you double up?

First you must congratulate bitcoin (and litecoin) for how liquid it is, well done!

So what happens next.

Do you invest for the sci fi world coming on the back of new fancy tech which will use just in time internet money any where in the world ? Will you trust banks once the great crash of 2020 is over? Will governments be desperate for economic activity and remove taxation burdens to allow tax free BTC or LTC transactions.

Who knows! This blog is bullish, but it will take time, so monies invested now may take 3 to 5 years to grow.

What we do know is Bitcoin has a trending relationship with the green channel in the chart below, and so far it is holding. So keep your powder dry in the next few weeks to ensure it does hold, and watch late into 2020 when prices should advance into 2021.

Big Channel review.

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BTC1

Close up look.

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BTC2

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Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote…

..”There were times when my plans went wrong and my stocks did not run true to form, but did the opposite of what they should have done if they had kept up their regard for precedent. But they did not


continue reading





Australia to enter a very sad period – Its started!

Courtesy of Read the Ticker

australia-to-enter-a-very-sad-period--its-startedWell it has started, South Pacific living off China is not going to work out so good! Over capacity, plus housing market debt will be adjusted down.

Previous post here, and original here

Sure this blog started this story in 2013, since then the Aussie AORD went from 5250 to 7250, and now it is down to 5000. So if you could squeeze out 50% gains and keep it, well done. But if you could not get out you are bust. Notice the rapid and unforgiving decline, how any one got out with a large position is any ones guess.

Of course some stocks may buck the trend, keep an eye on dividend paying gold stocks like Newcrest Mining, symbol - NCM

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AORD

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Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote…

..”There were times when my plans went wrong and my stocks did not run true to form, but did the opposite of what they should have done if they had kept up their regard for precedent. But they did not hit me very hard – they couldn’t, with my shoestring margins.”…

Jesse Livermore

..“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”..

Bernard Baruch

..“Don’t try to buy at the bottom


continue reading





Gann Angles – Crash Market Observations

Courtesy of Read the Ticker

gann-angles--crash-market-observationsA selection of charts of what is going on, and lets face it even the king of the jungle can get in trouble.

Jesse Livermore quote

…“NEVER BUY A STOCK BECAUSE IT HAS HAD A BIG DECLINE FROM ITS PREVIOUS HIGH”…

Dow Gann Angle Chart: A pause is expected around $20,000 – $22,000. but below $18,000 no one is safe. After such a rapid and steep decline stock charts are broken every where. Repair will take a 6 months to 12 months (if economics improve), the next three months will be filled with margin selling and portfolio adjustments. The main  point is the lows have not been found, and of course if the C19 virus disruption continues beyond 3 to 6 months then world GDP will be strangled down to deep recession levels and the stock markets will reflect this shock. In truth NO ONE KNOWS!

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Dow Gann

Stocks like StarBuks made fortunes for some, but now, massive run ups, have massive corrections.

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SBUX GANN

Gold is acting as it should, nice 5 up, now a decent correction as expected. 

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GLD

Like gold margin selling is hurting bitcoin, gold, silver, and related stocks. A bottom will be found in the next 3 months and the new trends will be begin in bitcoin gold, silver and related stocks. Of course this depend on how low the wider risk on markets go and how fast.

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XAU

Great change brings great opportunity for those with deep pockets.

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Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all

continue reading





Dow 2020 Crash Watch – Update

Courtesy of Read the Ticker

dow-2020-crash-watch--updateAs expected reality was to knock on the door of everything priced to perfection, but is the panic selling done yet?

Quote

Previous Post Dow 2020 Crash Watch Dow, Three strikes and your out!

Today’s smash was expected after TRUMP made this virus a real thing. But you can also bet that the Treasury dept new what TRUMP was going to say and they had their targeted naked shorts to get money out of securities the do not want leading trends in the near future, like gold, silver and crypto currencies. 

Today is a rush to cash. Now the central bodies have Friday and the weekend to slow the panic, organise a defense and cause consolidation, just like 1929, 1987, 1937

Update: FED prints $1.5 trillion, just like that!

Recession stocks like DG, WMT and COST are trading better than gold, go figure. 

Some charts.

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DIA

Looks like the big boys stayed out of this last rally, smart money was way ahead of the crowd.

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NYSE margin

Just like 2008 contagion selling hit gold, for 1 monthly bar (maybe 2 this time), now we watch for the smart money to accumulate in the strong trends for the next 12 months. Our bet gold, silver, bonds and crypto will be attractive to the smart money once the margin calls and panic selling is done in the next few weeks.

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GLD

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Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy

continue reading





Dow 2020 Crash Watch

Courtesy of Read the Ticker

dow-2020-crash-watchThis is now on the table. Let us review three prior Dow volatility shocks.

But first let us remind you of the Sabbatical Cycle (previous post Shemitah Study

Re post of the 7 year cycle chart below. Take 2015 add on 7 equals 2022, which suggests if a bear market does a occur a low maybe found in 2022. In 2015 we had a 12% sell off just prior to the 2016 US elections. 

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Cycle

Back to main topic ..

The most volatile years in the Dow over the last 100 years are: 1929, 1937, 1987

Currently the Vix is above 35, and if this continues to stay high then the crash risk remains.

Fundamentals: The virus effect in the USA is to get worse, and with risk assets priced to perfection a quick and violent adjustment is set to reset prices, or worse begin a deep trend to lower prices.

Here is a list of risk creating news items over the last two years:

- Tariffs, trade War

- c19 Virus supply chain attack

- Central banks out of ammo (unless they change the rules: FED to buy stocks)

- Russia/Saudi oil price war (to attack US Shale).

Bubbles waiting for the pin: 

- World Wide corporate debt

- World wide sovereign debt

World wide Housing market

- US student loan debt

- US shale debt (part of corporate debt)

- Market leading stocks priced to perfection (Apple, Microsoft, Amazon, Google, Facebook)

- Passive investing via ETFs (including, stock, debt and volatility ETFs)

- High Frequency Trading (Algo’s work on the way up and down)

- Central bank balance sheets

- Wall street financial engineering (CDOs, COCOs)

-…
continue reading





 
 
 

Phil's Favorites

Staggering

 

Staggering

Courtesy of 

We now have data for last week’s initial jobless claims. The number is staggering. 6.6 million filed for unemployment insurance for the first time last week. During the prior week it was 3.28 million. These numbers take your breath away.

Chart via WSJ

Here’s the even worse news – this only records the people who have successfully filed. Many, many more have been locked out of the system so far due to the overwhelmi...



more from Ilene

Biotech/COVID-19

Antibodies in the blood of COVID-19 survivors know how to beat coronavirus - and researchers are already testing new treatments that harness them

 

Antibodies in the blood of COVID-19 survivors know how to beat coronavirus – and researchers are already testing new treatments that harness them

A person who has recovered from COVID-19 donates plasma in Shandong, China. STR/AFP via Getty Images

Ann Sheehy, College of the Holy Cross

Amid the chaos of an epidemic, those who survive a disease like COVID-19 carry within their bodies the secrets of an effective immune response. Virologists like me...



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Zero Hedge

Instead Of Firing Everyone, Boeing Offers "Voluntary Buyouts" To Its Entire Workforce Of 161,000

Courtesy of ZeroHedge View original post here.

When Boeing requested a $60 billion bailout from the US government a few weeks ago, the implicit assumption was that the company may get some of this funding as long as the chronic buyer back of its own stock did not engage in layoffs. That, however, did not stop the brilliant financial engineers at the aerospace giant who for the past 7 years learned how to turn debt lead into buyback gold, and instead of issuing a record amount of pink slips, Boeing instead offered voluntary buyouts to its entire staff of 161,000, in a bid to shed costs and adapt ...



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The Technical Traders

Founder of TradersWorld Magazine Issued Special Report for Free

Courtesy of Technical Traders

Larry Jacobs owner and editor of TradersWorld magazine published a free special report with his top article and market forecast to his readers yesterday.

What is really exciting is that this forecast for all assets has played out exactly as expected from the stock market crash within his time window to the gold rally, and sharp sell-off. These forecasts have just gotten started the recent moves were only the first part of his price forecasts.

There is only one article in this special supplement, click on the image or link below to download and read it today!

...

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ValueWalk

Paycheck Protection Program: Not Enough To Help Restaurant Industry

By Jacob Wolinsky. Originally published at ValueWalk.

Below is a statement from the Independent Restaurant Coalition on the start of the Paycheck Protection Program, which comes a day after the Department of Labor announced a historic surge in unemployment claims. In the last week, over 6.6 million Americans filed for unemployment bringing the total people out of work to over 10 million.

“The short-term relief made available through the Paycheck Protection Program in the CARES ...



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Kimble Charting Solutions

S&P 500 Price Pattern Similar to 2008 Market Crash?

Courtesy of Chris Kimble

Last week’s sharp rally off the lows, gave bulls some relief.

But if the bulls are going to have reason to cheer, they will need to see another move higher… and fast!

Why? Just look at today’s “weekly” price chart of the S&P 500 Index. 

This key broad-based index broke a 10-year bull market trend line in March. And it’s now kissing the underside of the trend line at (2).

The last stock market crash saw a similar pattern in 2008. And after a failed “...



more from Kimble C.S.

Insider Scoop

Nestle CEO Says Snack Foods 'Just As Important As Essential Nutrients'

Courtesy of Benzinga

Global food behemoth Nestle (OTC: NSRGY) is "scrambling to meet demand" to keep the world fed, but doesn't want to take much credit, as "this is our main purpose at this hour," CEO Mark Schneider said Wednesday during a "Mad Money" interview with Jim Cramer.

Nestle...

http://www.insidercow.com/ more from Insider

Chart School

Big moving Averages and macro investment decisions

Courtesy of Read the Ticker

When price is falling every one wonders where demand will come in.


RTT black screen Tv videos study the simplest measure of price (simple moving average). What has happen before guides us now. 














Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, ...

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Members' Corner

10 ways to spot online misinformation

 

10 ways to spot online misinformation

When you share information online, do it responsibly. Sitthiphong/Getty Images

Courtesy of H. Colleen Sinclair, Mississippi State University

Propagandists are already working to sow disinformation and social discord in the run-up to the November elections.

Many of their efforts have focused on social media, where people’s limited attention spans push them to ...



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Digital Currencies

While coronavirus rages, bitcoin has made a leap towards the mainstream

 

While coronavirus rages, bitcoin has made a leap towards the mainstream

Get used to it. Anastasiia Bakai

Courtesy of Iwa Salami, University of East London

Anyone holding bitcoin would have watched the market with alarm in recent weeks. The virtual currency, whose price other cryptocurrencies like ethereum and litecoin largely follow, plummeted from more than US$10,000 (£8,206) in mid-February to briefly below US$4,000 on March 13. Despite recovering to the mid-US$6,000s at the time of writin...



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Promotions

Free, Live Webinar on Stocks, Options and Trading Strategies

TODAY's LIVE webinar on stocks, options and trading strategy is open to all!

Feb. 26, 1pm EST

Click HERE to join the PSW weekly webinar at 1 pm EST.

Phil will discuss positions, COVID-19, market volatility -- the selloff -- and more! 

This week, we also have a special presentation from Mike Anton of TradeExchange.com. It's a new service that we're excited to be a part of! 

Mike will show off the TradeExchange's new platform which you can try for free.  

...

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Lee's Free Thinking

Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

 

Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

Courtesy of  

The repo market problem isn’t the problem. It’s a sideshow, a diversion, and a joke. It’s a symptom of the problem.

Today, I got a note from Liquidity Trader subscriber David, a professional investor, and it got me to thinking. Here’s what David wrote:

Lee,

The ‘experts’ I hear from keep saying that once 300B more in reserves have ...



more from Lee

Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

more from M.T.M.





About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. Contact Ilene to learn about our affiliate and content sharing programs.