The following video provides technical analysis of the US stock market, US Dollar, Euro, and Treasury Bonds. Silver or Gold level access initially required.
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Stock Market, Dollar, & T-Bond Analysis 1-11-21
2021-01-11T15:32:31-05:00Jan 11, 2021 3:32pm|Categories: Equity Market Analysis, Fixed Income (Bonds), Forex (Currencies), Subscriber-only Content|Tags: $EUR/USD, $EURO, $NDX, $SPX, $TNX, $TYX, $USD, /DX, /E7, /ZB, /ZN, FXE, IEF, QQQ, SPY, TLT, UUP|5 Comments
If history is any indication, this coming Thursday’s announcement of TRILLIONS of more stimulus funny money coming to an ATM near you will most likely thwart any type of significant “correction” in equities, sad to say :-( … my hunch is Financials should continue their rapid rise making up ground from their sleepy 2020. Roaring 20’s 2.0 continues … I just can’t bear watching the bulls party like rock stars.
yep, they have a parade of fed speakers this week. wall of worry to go higher. but it is gettin very top heavy.
I agree in Normal times … but these are crazy abnormal times! We just passed a 2.1T spending bill! A trillion is a Million Millions! So we just pumped 2 Million Millions into the economy in December and the Dems want to pump another 4 million millions into the economy that’s already been budgeted with 5 million millions! And I think the March 2020 stimulus was somewhere around 2million millions! All taxes going into the treasury is only 4 million millions … so in a 12 month period we’ll have injected 13 million millions of which only 4 million millions… Read more »
Randy, I know you look at patterns. Any validity to a Megaphone top pattern in the DOW?
Thanks.