HEALTHCARE FINDS 100 DMA SUPPORT – IS FANG & NOSH NEXT? As Bloomberg notes, valuations are a notoriously poor tool for market timing, and forward earnings estimates could prove to be too low, so this alone shouldn’t necessarily serve as a sell signal. However, notice the divergence in fortunes between tech and health care that’s […]
CHINA CURRENTLY DRIVING US TREASURY YIELDS HIGHER …the story is the cyclical upturn in China something commodities were foreshadowing. The slew of better data out of China is turning yields back higher along with it. China CPI, M2, Exports, and Aggregate Financing all turning higher off the lows The bounce in the data has been […]
TRIGGER$ April 2019, USD Macro Technical
MACRO ANALYTIC COVERAGE INITIATED US DOLLAR INDEX (DXY) A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS-SII & PUBLIC ACCESS) READERS REFERENCE SII – CURRENCIES – US DOLLAR (DXY) MATASII SYNTHESIS: CHART PACKAGE INDEX: ORIGINAL TRIGGER “IDEA” CURRENT TRIGGER “IDEA” CHART MACRO ANALYTICS PRIMARY INDICATOR – Longer Term: 6 Months – 2 Years 12 & 24 Monthly MA Bands […]
WHY RUSSIA IS BUYING GOLD & DUMPING US$ AT FASTEST PACE IN DECADES The dollar’s share of global central-bank reserves slumped to the lowest level since 2013 while holdings of the Chinese yuan rose for the fifth quarter in the past six In April and May, Russia’s central bank liquidated $81 billion in Treasurys, nearly […]