PLEASE MAKE SURE YOU BOOKMARK OR SAVE THIS PAGE-IT ONLY GETS DELIVERED ONCE-
Comments on Financial Culture: Long live Inflation! Reality will not be Denied. But, Hyperinflation will be? Central Bankers are still
trying to figure out what was already happening. Markets are telling us something we may not hear. I am not surprised. This is still the beginning of a major shift in markets. Large Trends are simply the unfolding of the obvious. The Timing Pattern is still for weakness in Q4.
Meta Market Semiotics: Inflation & Rates are Rising. They knew that but did they really cognize it? Investors don’t understand the historical degree of the corrective process that they are living in. This is more than a War Market. The War, whatever happens, is a metaphor for a fractured Global Financial landscape littered with unknowns
EQUITY STRATEGY: Stocks are having a notable correction. The ‘Lapdance of Liquidity’ initiated an Inflation which may translate into a Hyperinflation. Q3 & Q4 offer another corrective period. Wars never end well nor will 2022.
EQUITY TACTICS: Stocks putting in a dramatic low on 0% bullish today?
GLOBAL EQUITIES: This is still a troubled time. Going Nowhere?
FIXED INCOME: Expected secular “Bull Trap” continues to snap shut.
FOREX: Dollar remains in an expected breakout. It still has a bid bias.
COMMODITIES: Markets “Knew” Inflation was coming. “It isn’t done.” Stuff is just bid. Crypto is stagnant. CRUDE: “Gas is even more bullish.”
EQUITY SENTIMENT: Bullish Complacency was abandoned towards the end of last year. Sentiment developed a diverging extreme at end of February. But bounces from there, were exciting but dangerous. Sentiment is again reaching another potential pessimistic nadir.
QQQ Weekly: The Tech Correction is sizable. The degree of this break infers that structural market changes are occurring. The recent price carnage is a real signal. This profile always allowed for Spring bounces to resolve into another period of price declines due later on in this calendar year
TACTICAL SENTIMENT: The DORSEY Market Sentiment generated extremely high bullish sentiment over the last year. Complacency was rife. Now, some harsh declines have produced some mini panics. Now, with a 0% daily reading, a tactical price catharsis may be near.
DAILY EQUITY PROFILE: The IWM has served as a great tell of the internals of the overall equity market. The recovery from February clearly failed. This reinforces the overall bear trend. Still, it may be nearing a time price catharsis for potential 2-3 week of recovery.
GLOBAL EQUITY STRATEGY: German Equities remain corrective. Profiles allow for more of that. Recoveries may occur this Summer but Q3/Q4 is negative. The downside may seem limited. Maybe. Great Bounces in Great Wars are not Great Opportunities. Not yet.
Volatility: (VIX) Profile: VIX came back to life after more testing of its extended base. Upside potential is clearly open. Uncertainty isn’t going away. A profiled Q4, VIX high, may be quite an extreme.
FIXED INCOME STRATEGY: Ho Hum. ‘Rates Rising for Decades.’ Obscene Liquidity was, as expected, structurally negligent. Repeat: “Rate high due near 2024.” Central Bankers can only play games they assume will work. I advised: “Rates going to 3%-3.25%. Be prepared. Inflation still trending.” There was nothing you could do about it.
FIXED INCOME TACTICS: Treasuries remain in a trending function which is best described as simply, going lower. TLT has, just as expected, continued a slow and steady decline. Talking Heads keep explaining what has already happened! Global Tightening is the Reality.
GDX Profiles: Reflation, as suggested, segued into an Hyperinflation. Precious Metals moved as profiles preferred. Noted: “Stuff is generically bid, inferring Gold will be strengthening towards May. I am more cautious as April ages.” A Spike occurred. Defense for awhile. Still, potential for a Fall spike.
FOREX DIAGNOSIS: The Dollar has remained, as expected, in break out mode: “The Rising Rate Reality will support an overt bidding persistence.” The upside is still open. Always hard to diagnose ATHs.
Information is for paid subscribers & may not be copied or distributed. © Copyright 2022. The information contained herein was provided by Sentiment Timing and/or its publishers does not make any representation or warrant with regard hereto, including but not limited to those of accuracy, completeness, reliability, timeliness and/or infringement on the rights of third parties. This Publication expresses a view on the markets but is not intended to provide any specific recommendation to buy or sell any security. Investing is Uncertain and always carries Risk. Of Losses. Subscribers should always assess Market Risk parameters with their broker or financial adviser.
Information is for paid customers and may not be copied or distributed Copyright 2022