S&P500 Above 200sma Moving Average Index- Sym Contracting Triangle in final construction.. APEX Nearing – Signal Major Imbalance Nearing? pic.twitter.com/TTmlpBHWRp
— Alastair (@StockBoardAsset) April 1, 2018
Citi: "As the next recession unfolds there will be no ECB backstop because it will still be at 33% limit holdings"
— zerohedge (@zerohedge) April 1, 2018
"The consensus that we are set to break multi-decade bull channels does not work because higher rates crash risk assets and then the economy" – Citi pic.twitter.com/6AFVeSjQnY
— zerohedge (@zerohedge) April 1, 2018
$SPX (monthly) 10sma 2,616 critical decision this week: accept or reject? pic.twitter.com/sgtEo0H2Ve
— Alastair (@StockBoardAsset) April 2, 2018
$SPX McClellan Summation Index breaks 2-years of support pic.twitter.com/lcLdaVdcO9
— Alastair (@StockBoardAsset) April 1, 2018
$SPX Daily 200ema probe pic.twitter.com/nJYtVrxTDH
— Alastair (@StockBoardAsset) April 1, 2018
Fifth And Final Wave in Dow Semiconductors? pic.twitter.com/udyUtQEQiJ
— Alastair (@StockBoardAsset) April 1, 2018
Inflation and the USD…
The next move is down inflation, up US$? pic.twitter.com/TOVk0Pa6n7
— Daniel Lacalle (@dlacalle_IA) April 1, 2018
https://twitter.com/OccupyWisdom/status/980548425874857984
Stifel’s Bannister: Stocks to Drop 20%, Return Total of 0% Until 2028
“What matters for investors is that any decline is likely to be unusually rapid and occur as a result of P/E compression, resulting from policy risks not weak GDP,” he wrote in a research report. “Investors need a bit more acrophobia, as our best model points to a bear market and lost decade for stocks.”
Bannister argued the new Fed, under Powell, “wishes to fade the ‘Fed put,’” or the idea that the central bank would step in to prop up falling equity prices. “The cost may be a 16% P/E drop,” he wrote, referring to price-to-earnings, a popular measure of equity valuation.