Fed Fires Big Salvos, but US Equities Demand More Stimulus as the Onus Passes to Fiscal Policy
The Fed announced on 15 March a series of policy measures, including a zero percent bound federal funds rate and quantitative easing, aimed...
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Global Equity Support Levels for Late March Low, Short Squeeze and Basing Cycle
S&P 500 (SPX INDEX) has pierced macro trendline support at 2,520 with increasing pressure to break this pivotal level that would usher in a...
345 Views
FOMC Fires All Its Bazookas: 100bp Rate Cut, Resumption of QE, More
Given that we now have a global pandemic (by the WHO's reckoning), the FOMC decided to make its second inter-meeting rate cut of the month, cutting...
312 Views
U.S. Equities Searching For A Bottom
Coronavirus concerns are reverberating throughout markets, and despite the S&P 500 being ~25% off its highs and deeply oversold, there is no...
350 Views
Asia - Where to Layer Out of Shorts and into Longs into Late March Cycle Low
We are reaching downside objectives in the SPX and Asia. SPX decline is not done but at a bounce point. We continue to see weakness into late March...
363 Views