Lee AdlerList performance has been lackluster for the past two months and this week is the Fourth of July week. Seems like a good time to…
The Fourth of July fireworks show will let us know if the second half stock market outlook will be a rocket, a flare, or a…
Primary Dealers have reduced their fixed income portfolio hedging at the worst possible time. They are facing a deluge of supply in the months ahead,…
The range parameters have held since the last update, and there’s no indication that a breakout is imminent. Here’s what to look (out) for. Non-subscribers click…
The market is doing its best to get us to go sit it out, but you gotta be in it to win it, so I’m…
This is a narrowly based rally, that shows no sign that a break is imminent. But it is fragile. Hedging would be ….. Non subscribers…
Repo data has been an important part of our liquidity analysis for many years. But the data had shortcomings. It showed only the banking system…
List performance was poor again last week. I’ve been in a slump lately. I’m not seeing pitches well, and my swing timing is a little…
Cycles still appear to be in gear to the upside in the context of a 10-12 month cycle xxxxxxx with a bit more xxxxxxxxxx. The…
They stopped the bleeding just in time to prevent an ugly pattern from developing. But the patient isn’t out of the woods yet. Non-subscribers click…
List performance was poor last week despite being overwhelmingly long, consistent with the market. It might just be a matter of requiring a little patience,…
The cycle setup is bullish for a few more weeks. That’s consistent with bullish liquidity over the same period. Here are the resistance levels and…