The following video provides technical analysis of the various asset classes highlighting the recent trends & opportunities, or lack thereof, in each. Silver or Gold level access initially required.
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Analysis of Various Asset Classes 11-19-20
2020-11-19T09:57:45-05:00Nov 19, 2020 9:57am|Categories: Educational, Equity Market Analysis, Fixed Income (Bonds), Forex (Currencies), Gold & Commodities, Subscriber-only Content|Tags: $GOLD, $NDX, $SPX, DBA, GCC, GLD, IYR, LQD, QQQ, SPY, TLT|14 Comments
@rsotc It says “video is private”
Refresh the page & it should be available now. Thanks.
It is available now. Thanks Randy
Looks like JVA (Coffee holding company) is finally breaking higher today with somewhat higher than usual volume.
Can’t seem to buy DBA from my brokers here in UK, Wisdomtree’s Grains AIGG was the closest I could find.
It’s a common theme among EU brokerages. If you really want $DBA, you can buy a call option on $DBA and exercise it. Nov 20 call at the money comes with no time premium at all, very much the same as buying the shares on the open market.
$XXII broke above $1.20. Wow!
please continue with the qqq daily chart analysis. it is very important.
Will do.
I mean who would buy negative yielding bonds?
Deutsche Bank think they’re awesome.
https://www.cnn.com/2020/11/19/economy/china-negative-yield-bond/index.html
QQQ is the market.
QQQ is the most important daily chart analysis.
Thank you.
Agreed. With that being said, I’ll always keep a close eye on the $SPX as well as the 11 sectors that make up the SPX as sometimes we can pick up on some developments taking place ‘under the hood’ that the charts of the indexes might be masking. The bond market used to provide useful clues to problems (or lack thereof) lurking under the surface for the stock market but the Fed has pretty much destroyed price discovery in the fixed income markets so I take what I see there now with a grain of salt.
The interesting thing about bonds is that they’ve been in a bull market for 39 years, since 1981, when yields on US Treasuries were up near 15%. Yields now are close to 0%. This is why @rsotc is “adamant” that the outlook for bonds is poor. After all, unless you’re convinced that yields are going negative, and significantly so, there is almost no upside left. It’s why common sense would suggest that the long trade is over as we prepare for what may be a bear market in bonds. That being said, this reasoning is so ubiquitous that, according to… Read more »
Hi Randy, Can you provide an update on coffee? Thanks