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January Treasury Data – Boffo Revenues, Soaring Outlays and Deficit

Withholding tax collections are soaring. But despite that and the massive stimulus of skyrocketing government outlays and ever widening deficits, the ‘conomy is only so-so. Here’s why, what it means for liquidity and the markets. And of course, what you should do about it.

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Email System Back in Business

I just discovered today that Liquidity Traders email system had malfunctioned and had stopped sending notifications to you last week. All posts were available here onsite, but you may have missed one over the last few days if you have not visited the site.

The emails are now sending again and you should be notified instantly when a new post is published.

I apologize for the inconvenience! My apologies as well if you have recieved multiple emails in the past few minutes as we cleared the block. Thanks for your patience and support!

Lee

What You Should Do With “On One Hand, On the Other” – Finally The Correct Version

In addition to the problems with the email server, I made an embarrassing error in this report. The body was updated with current data, but I neglected to overwrite last week’s executive summary on the first page. The result was obviously confusing. Thanks to a couple of subscibers who pointed this out, I have updated the report to include the correct executive summary as originally written. Note that the body of the report as originally posted, including the charts, was current. 

I apologize for the error! 

There’s a lot of that infuriating, “On the one hand–On the other hand,” stuff in today’s report. On the one hand, I hate when that happens. On the other hand, it is what it is.

But the good thing is that there are clear parameters that should tell us what to expect as the week begins.

Technical Trader subscribers, click here to download the report.

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Gold Gets Ready

The question is, “For what?” Here’s the answer, not in so many words.

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Try Lee Adler’s Gold and Mining Stock Trader risk free for 90 days! 90 day money back guarantee period from the intial signup date. First time subscribers only.

What You Should Do With “On One Hand, On the Other”

There’s a lot of that infuriating, “On the one hand–On the other hand,” stuff in today’s report. On the one hand, I hate when that happens. On the other hand, it is what it is.

But the good thing is that there are clear parameters that should tell us what to expect as the week begins.

Technical Trader subscribers, click here to download the report.

90 Days Risk Free If You Join Now!

Try Lee Adler’s Technical Trader risk free for 90 days! 90 day money back guarantee applies from the intial signup date. This offer is for first time subscribers only.

The Big Treasury Margin Call is Called Off

With the light supply and the Fed money putting the wind at their backs, Primary Dealers got a gift on top of that. Coronavirus. The panic that induced has driven money out of stocks and into bonds. Just what they needed.

Subscribers, click here to download the report.

90 Days Risk Free If You Join Now!

Get this report and access to past reports.  Read Lee Adler’s Liquidity Trader risk free for 90 days! 90 day risk free trial offer is for first time subscribers only.

Gold Uptrend in Good Shape But

Gold has established a trading range with clear parameters to indicate whether it’s in trouble, or on track.

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Try Lee Adler’s Gold and Mining Stock Trader risk free for 90 days (first time subscribers only)! 90 day money back guarantee period from the intial signup date. First time subscribers only.

Keep Friday In Perspective, Unless…

The 6 month cycle has probably topped out but long term charts tell us to maintain perspective. Here’s what comes next.

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When the Dealers Will Say WTF and Just Keep Selling

Dealers cut back their fixed income inventories ever so slightly over the past month. They also increased their hedges, but again, slightly. They are still near historical record net long positions, and still carry historic levels of leverage.

With a bulge in Treasury supply on the way, is this where the bond market might trigger them throwing up their hands and saying WTF, despite the Fed?

Subscribers, click here to download the report.

Also, I have republished Thursday’s Treasury market update due to a faulty posting with  links to an earlier report. Those errors have have now been corrected. I apologize for the delay!

90 Days Risk Free If You Join Now!

Get this report and access to past reports.  Read Lee Adler’s Liquidity Trader risk free for 90 days! 90 day risk free trial offer is for first time subscribers only.

Market Conditions Were As Good As It Gets

Supply and demand conditions for stocks and bonds have been as good as it gets over the past month. We can thank the Fed’s Not QE program, and light Treasury supply for that.

Subscribers, click here to download the report.

90 Days Risk Free If You Join Now!

Get this report and access to past reports.  Read Lee Adler’s Liquidity Trader risk free for 90 days! 90 day risk free trial offer is for first time subscribers only.