Friday, January 13, 2017

Good News: The Anti-Globalization Rally Was Successful

It will end Globalization post haste. Congratulations to everyone who participated...fucking morons...

The Producer Price index was just released for December, and the biggest increase was in casino brokerage advice: Gamblers paying serial psychopaths for advice on the quickest way to bankruptcy. 

Financials enjoyed a key reversal today on earnings news. Ending a successful anti-globalization rally in Financials.

Financial asset managers exhibit the exact same pattern as 2008, EXCEPT, this final spike:

The Anti-Globalization Rally visualized:


Financials ETF:



JP Morgan's key reversal




Wells Fargo


Ameritrade with Utilities


Schwab with IPOs


Northern Trust with One Year U.S. Treasury yield


USDJPY with Banks


Non-financials:

Macy's

Bueller?



QQQ / Dow ratio



Facebook



Amazon




Europe




Oil


Extreme complacency
VIX





Money flow




New highs




Mind the gaps