Treasury bond prices have been squeezing into this tight range for 3 years now. Once it resolves, it will be spectacular to say the least (up or down). Coupled with continuing reserve management purchases by the Fed (sucking collateral out of monetary system). Yikes!
$TLT $ZN
Mark this date: 22nd of June ⚠️
On this date those who are short WTI futures won’t find enough crude oil stored at Cushing to deliver, they will either be forced to rush in the spot market to make deliveries or close their positions potentially igniting a squeeze
The whole market is currently heavily short oil via speculative contracts, both institutional and retail (~130% UCO short interest + SCO ETFs AUM outright give a good idea of the magnitude)
Oil traders and oil executives know this is coming and no development on the diplomatic front will make any difference
Deutsche Bank on the huge stock market run-up:
"Since WWII, the only other time the S&P 500 has risen this rapidly (except after a recession) was months before a huge market crash."
My friend just created a website that tracks every single immigration NGO in the west with their funding $ numbers, phone number, names and addresses
https://t.co/0Z8VMrBsOM
What TYPE of information do we need to come out of the physical Oil market to cause IMMEDIATE ripple effects into global financial assets? I believe it will be the weekly EIA report in the coming weeks that will set off the flash crash trigger. Which means it won’t happen 😂…
The S&P 500 $SPX is still following the the July 2024 pattern perfectly.
This is suggesting markets bottom today temporarily until mid next week, which lines up perfectly with the BoJ rate decision June 16 and Kevin Warsh's 1st Fed chair meeting June 17.
I've noticed the past 2 days the algos have been pumping market futures then allowing the selloff during regular trading hours. Psychologically they want retail afraid and selling.
If they're setting a pump and dump trap for retail, suddenly that algo will flip with the SpaceX IPO. Markets will dump overnight and rally during the day, with a final upward move that makes retail think the selling is over.
If we continue to follow the July 2024 pattern, expect one more massive leg down after VIXpiration / OpEx next week.
- Holiday flights: fully booked
- Consumer spending: not a blip
- Chinese goods exports: roaring
- Stocks: near all time highs
- People paying 000s$ tickets to watch sport events
- Fuel consumption: increasing
Yet prominent “experts” claim demand destruction at 90$ oil prices