tsptalk's Market Talk

[tsptalk]

The credit market is still doing quite well as it tests some recent highs after finding support at the 100-day EMA again...

 

[tsptalk]

The credit market does not seem to be phased by the recent volatility in stocks. New highs this morning...

 

[tsptalk]

10 minutes and one Tweet later...

 

[tsptalk]

One gap filled this morning, another down by 2860. But the bear flag case is gaining strength.

 

[shitepoke]

what just happened...china tweet??

 

[tsptalk]

what just happened...china tweet??

https://www.tsptalk.com/mb/day-to-d...us-china-trade-negotiations-2.html#post626106

 

[nnuut]

Looks like the Gaps are filled on S&P!

 

[tsptalk]

Inversion.

 

[bmneveu]

https://www.cnbc.com/2019/08/13/aft...cks-typically-have-18-months-before-doom.html

https://finance.zacks.com/historical-yield-curve-inversion-return-correlation-11525.html

Inversion.

View attachment 44794

 

[Cactus]

So -- right after the election then.

 

[tsptalk]

Inversions not always a market killer...

Stock Gains Often Follow Yield Curve Inversion

Another headline said, "Brace for a 15% plunge in S&P 500 next year if the Treasury yield curve fully inverts."

LPL and FactSet research shows something quite different for stocks in the wake of inversions in the two- and 10-year yields. The worst two S&P 500 performances from inversion to peak were 2.2% and 11.9%. The best was a 39.6% gain.

https://www.investors.com/how-to-invest/investors-corner/yield-curve-stock-market/

 

[tsptalk]

If this holds, it will be another new closing low for the 10-year Treasury yield

 

[tsptalk]

The Russell 2000 is flirting with a breakdown after erasing Monday's gains.

 

[tsptalk]

The credit market has been relentless...

 

[tsptalk]

Pushing the upside limit of the flag yet again. Last week's Trump tweet losses have now been erased.

Isn't it fun to try to put a price on stocks?

 

[James48843]

Roller Coasters make me turn green

 

[tsptalk]

Hmmm, I talked about this in today's commentary. It needs to hold being the main bullish catalyst recently.

 

[tsptalk]

Gap filled...

 

[tsptalk]

Another door knocker. Who has the key... the bulls or bears?

 

[tsptalk]

China meeting set. Futures are active tonight ...

https://www.tsptalk.com/mb/day-to-day-market-talk/32007-us-china-trade-negotiations-post626587.html#post626587