Lots of fretting about stagflation in recent weeks, but I see little evidence of it so far. Inflation boom? Yes. Stagflation? No. Here is a chart of the PMI, which remains firmly in inflation boom territory. pic.twitter.com/XTbT40zpPh— Jurrien Timmer (@TimmerFidelity) October 20, 2021
The S&P 500 ETF has not closed below its 200-day moving average since May 2020. This is the 5th longest streak since its inception in 1993. $SPY pic.twitter.com/JpJeyVwNeA— Charlie Bilello (@charliebilello) October 20, 2021
Bitcoin is my largest non-real estate holding, but diversification into leveraged Silver longs could be considered if you trade commodities.— Peter Brandt (@PeterLBrandt) October 20, 2021
The Sep low in $SI_F could be the lowest low for the foreseeable future. Next stop $50 pic.twitter.com/ygZXG3lW9h
There it is! It's only 1:30 and $BITO has already traded $1 billion on its second day. Wild. Assuming this thing converted just 43% of this volume into assets (it converted 57% yesterday), this is the first ETF to crack $1 billion in AUM in under 2 days. GLD did it in 3 days. https://t.co/rRcmZuwhcv pic.twitter.com/ONJ21GH9JH— James Seyffart (@JSeyff) October 20, 2021
Bitcoin Breaks Out To New Record High, What Happens Next? https://t.co/0uGZfpqR6F— zerohedge (@zerohedge) October 20, 2021
DJI & BTC at ATH: (1) DJI hit ATH mid-day, officially invalidating all mid-term & LT bearish count. (2) The best option bears may get is a larger sideway W-4, whipsawing a bit within the channel. (3) given the size of last correction, the elusive top is, at least, weeks away.
Landmark alert: 5-year US inflation break-evens have just hit a 16-year high. pic.twitter.com/t1dTVC0NId— John Authers (@johnauthers) October 20, 2021
Long $VIX 😤😤😤@Sven am i doing this right? pic.twitter.com/Sy7Me3TAPJ— Pat Hennessy, CMT (@pat_hennessy) October 20, 2021
$SPY just exhaustive continuation. Nothing to do here unless riding longs. Cant enter new longs and No sign of reversal to short. Let the market do its thing. pic.twitter.com/Km1JwCFLxu— kpak (@kpak82) October 20, 2021
📈Bitcoin has officially climbed to its latest high.— Bloomberg Opinion (@bopinion) October 20, 2021
Its boom-bust cycle, which once took years to complete, has been compressed into mere months: https://t.co/Y8M70VADMw pic.twitter.com/ot3S2obVio
We've seen a lot of chatter about risk-on indicators of late.— Dean Christians (@DeanChristians) October 20, 2021
The SentimenTrader Risk On/Off indicator combines 21 unique components into a weight-of-the-evidence approach to assess market conditions.
It just triggered a buy signal. pic.twitter.com/9PVDiUAs43