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Month end coming for the 7th consecutive UP months for S&P.
Yesterday we had the 20th Tuesday of rallies.
Take a look at the number of new highs this month. 130 more words
Hindenburg omen was mentioned a few times last month and they have gone quiet after the SPX flew to historic highs.
I was lucky I did not pay much attention to it, keeping an eye on the Jaw of Death charts and we are lucky to see UST yields climbing back up, logically along with the history made in stocks. 127 more words
Illustration 1: If CNY trading band is widened .. be careful what you wish for as CNY weakened previously!
Rumour #1: Heading into the G20 Finance Ministers meeting this weekend, the first rumour is that China will probably widen the yuan’s trading band within the next three days after central bank Deputy Governor Yi Gang signaled policy makers will loosen control over the currency. 500 more words