https://futures.tradingcharts.com/marketquotes/ZB.html

The Collapse Of This Historic Correlation Suggests A Major Crisis Is Imminent–

Fed Governor Brainerd’s “yield curve control” speech, and Larry Krudblow’s “bonds don’t reflect reality” speeches are good for almost 100 points in the Dow. Who/what so the cretins do next to control propaganda and turn the machines to Buy?

Two sisters, one blonde and one brunette, inherit the family ranch. Unfortunately, after just a few years, they are in financial trouble…

In order to keep the bank from repossessing the ranch, they need to purchase a bull so that they can breed their own stock.

Upon leaving, the brunette tells her sister, ‘When I get there, if I decide to buy the bull, I’ll contact you to drive out after me and haul it home.’

The brunette arrives at the man’s ranch, inspects the bull, and decides she wants to buy it.
The man tells her that he will sell it for $599, no less.

After paying him, she drives to the nearest town to send her sister a telegram to tell her the news.

She walks into the telegraph office, and says, ‘I want to send a telegram to my sister telling her that I’ve bought a bull for our ranch.I need her to hitch the trailer to our pickup truck and drive out here so we can haul it home.’

The telegraph operator explains that he’ll be glad to help her, then adds, it will cost 99 cents a word.

Well, after paying for the bull, the brunette realizes that she’ll only be able to send her sister one word.

After a few minutes of thinking, she nods and says, ‘I want you to send her the word ‘comfortable.’

The operator shakes his head. ‘How is she ever going to know that you want her to hitch the trailer to your pickup truck and drive out here to haul that bull back to your ranch if you send her just the word ‘comfortable?’

The brunette explains, ‘My sister’s blonde. The word is big.
She’ll read it very slowly… ‘com-for-da-bul.’

uglier the better next week could be very ugly……7 to 10 trading days before clx wind comes….going up from here wud be a pleasant surprise

Watch the SPX futures…if the front drops below 3333 … lookout below.

Gold could be up $100 Monday.

Cheers

90 or 99 %….who want’s that in their living room….

AMZN down all of less than 3 % from it’s all time hi 2 days ago !!!!!!

they just knocked 6.5 % off it…..

Gold too but not as bad. Silver has already lost more than two-thirds of the pre-market gains.

Not a good sign for the day going forward.

VXX steady. If the SM really dumps pm’s might have a chance.

30Y Yields Hit Record Lows, Gold Hits Record Highs

So, are US tech stocks right? Or the entirety of the rest of the world’s financial markets?

As stocks hover back near record highs, entirely shrugging off virus fears, the rest of the world’s financial markets seem anything but convinced this is a temporary shock – as The Fed’s Jim Bullard proclaimed this morning on CNBC.

Source: Bloomberg

The 30Y yield is back at record lows…

…to record highs in Euros…

Source: Bloomberg

And record highs in Yen…

https://finance.yahoo.com/news/teranga-gold-exceeds-2019-production-110010866.html

Not sure Bonds and SM help here,,,,,PM’s are better predictors temporarily, Bonds are too close especially the 10’s to huge TA levels, that no-one wants to preempt and the SM is riddled with complacency…..PM’s, well AU is relatively free to run…. Ag still has the scum on it’s neck.

Ag even has a damn good story as a cleaner/disenfectant, as the world confronts a huge decontamination project. The shorts should be being ripped apart now, as buyers pay any price for supplies.

Wheaton Precious Metals Announces Record Annual Gold Production and Sales Volumes; Exceeds 2019 Production Guidance and Provides 2020 and 5-Year Guidance

https://finance.yahoo.com/news/wheaton-precious-metals-announces-record-003800923.html

Yeah, gold and silver just caught a second wind and spike a bit.

I always get worried that we get some kind of blow off with these kind of moves.

A couple decades of conditioning I guess.

do not come off much from their highs, that will be the signal to buy VXX calls or other short plays…DOW down only 65 yet it looks like gold just made a new high for the day…

is huge–we saw that yesterday….I am not at all complacent…but mkts and investors are as per the ratio of calls over puts

https://finance.yahoo.com/quote/%5EGDAXI/

TSLA up $13…The FANGs not down much

Economist Tony Crecenzi of PIMCO was talking this a.m.. about a new  Cabal of supportive CBs now including the PBOC–the peoples bank of china which has done a great job of keeping chinEE mkts near new record highs all thru the virus outbreak

Could open down and rally right back. Ten yr. is just below 1.5% at 1.497% – not a big move down

Gold up nicely but GLD if it holds here will have an RSI near 80, if not above.

I guess we’ll know how things are going to go shortly after the open. DOW’s not going to open down too much and won’t be tough to reverse. VXX not showing much fear.

I’m worried they’ll dump gold at the open and stick save the SM