Monday, November 23, 2015

The Linear Extrapolation Of Dumbfuckistan

The Fed is planning to raise interest rates into a collapsing global economy. There are two interest rate lift-off scenarios on the table. As always, I believe scenario 1 is more likely...



Scenario 2: less likely...but same result:




Junk Top


Oil & Commodity top


Leveraged loan top


Carry trade top



Small cap top


MS World top (ex-U.S.):


12 month top



Distribution top (NYSE up volume / total volume)



Options skew top (50 dma):



Global Dow Top



Transports top



Russell / Dow top:



High beta top:



Momentum top



Dollar top (S&P / Dollar ratio):



IPO Top



Rydex asset allocation top:



Inverse volatility top:



Breadth top



Profits top:



RSI (Relative Strength) top:



Retail top (equal weight retail / cap weighted):



New highs top: