OLO

[OLO @archivedmacv1]

@KeithMcCullough
There was a post with a “🎯” and a link to a video of the gentleman in your pic. In that CNBC clip - which was oddly deemed a bullseye market call by some - he asserted the equity market has traded on VIX since 1950.

Only 40 yrs before it came out

🎯❓
🧐🤔

[Keith McCullough @KeithMcCullough]

When you look at valuation, this is clearly a raging bull market

[OLO @archivedmacv1]

Source: @biancoresearch
Everyone should thank Jim Bianco for illustrating the size of this asset bubble some have curiously confused it as a “new bull market”. Really? 🤔
Does this look like the post GFC structural bull market? 👎
PS - Monetary policy lag must be respected…
🇺🇸

[OLO @archivedmacv1]

VVIX spiking typically precedes a meaningful rise in VIX. This time is no different. While VIX remains low and US equities remain overpriced, puts contracts will remain cheap…🧐. CC: @OVOMacro #markets #economy #options #macro #finance #stockmarket #trading #volatility

[OLO @archivedmacv1]

Talk about divergence. Since 2022, the #Yen, #USD, and #Euro have clearly gone their separate ways (for now). Talk about a significant currency divergence. #markets #economy #Bloomberg #macro CC: @OVOMacro, @Bloomberg

[OLO @archivedmacv1]

VVIX spiking typically precedes a meaningful rise in VIX. This time is no different. While VIX remains low and US equities remain overpriced, puts contracts will remain cheap…🧐. CC: @OVOMacro #markets #economy #options #macro #finance #stockmarket #trading #volatility

[OLO @archivedmacv1]

@DBookTrading @Gh9876543My Not too late (you said yourself you’re not even 2 years in). If you wanted to do something else, you don’t think you could succeed putting the same 100% + 2 years?

I just joined Twitter and really follow very little, but $CVNA execution 11/10 💯👍. Why quit something u ❤️? 😜

[OLO @archivedmacv1]

Correlation between #BTC & #QQQ has very recently turned negative. As liquidity scarcity threatens risk assets, #crypto would be expected to precede the fall of big #tech. #markets #economy #macro #trading #finance #BNB CC: @OVOMacro

[OLO @archivedmacv1]

1/ Since Jan 2022, the overall lag of financials in US #equities #markets compared to tech mega-caps in particular IS concerning for the broader EQ market. A quick 🧵
CC: @OVOMacro #economy #macro #Tech

[OLO @archivedmacv1]

1/ Will the regional banking crisis that started with the failure of SVB ultimately be the catalyst that leads to a stock market crash? A thread 🧵
CC: @OLGlobalMacro #markets #economy #macro #banking

[OLO @archivedmacv1]

Sources: @GoldmanSachs, @Bloomberg
Largely due to excessive enthusiasm in 8 #stocks, US #equities #markets are growing more diverged from DMs on fundamentals (ex: index P/E valuation ratio avg). #economy #stockmarket CC: @OLGlobalMacro #macro #Bloomberg

[OLO @archivedmacv1]

Talk about divergence. Since 2022, the #Yen, #USD, and #Euro have clearly gone their separate ways (for now). Talk about a significant currency divergence. #markets #economy #Bloomberg #macro CC: @OVOMacro, @Bloomberg

[OLO @archivedmacv1]

Currently, the 10Y-2Y yield curve is 91% inverted. Note dating back to 1978, this predates US #recessions and is the biggest #yieldcurve inversion since August 1981. Recessions blue. YC inverted - red. YC + = grn. #markets #economy #macro CC: @OVOMacro Chart via: @tradingview

[OLO @archivedmacv1]

@Microsoft is at a crucial resistance. Closing ATH share price, but reached intraday ATHs 3 times around $349. Can $MSFT break out above $350? At that point, they’d join @Apple in beating the Russell 2000 market cap. #markets #economy #equities CC: @OVOMacro #macro

[OLO @archivedmacv1]

@Microsoft is at a crucial resistance. Closing ATH share price, but reached intraday ATHs 3 times around $349. Can $MSFT break out above $350? At that point, they’d join @Apple in beating the Russell 2000 market cap. #markets #economy #equities CC: @OVOMacro #macro

[OLO @archivedmacv1]

Correlation between #BTC & #QQQ has very recently turned negative. As liquidity scarcity threatens risk assets, #crypto would be expected to precede the fall of big #tech. #markets #economy #macro #trading #finance #BNB CC: @OVOMacro

[OLO @archivedmacv1]

Currently, the 10Y-2Y yield curve is 91% inverted. Note dating back to 1978, this predates US #recessions and is the biggest #yieldcurve inversion since August 1981. Recessions blue. YC inverted - red. YC + = grn. #markets #economy #macro CC: @OVOMacro Chart via: @tradingview

[OLO @archivedmacv1]

I think @Bloomberg is spot on here. The rally in risk assets has been from much higher liquidity in #equities #markets than people realize. Through DW & BTFP it kind of offset QT. CC: @OLGlobalMacro #economy #Bloomberg #StockMarket

[OLO @archivedmacv1]

Source: @BankofAmerica
This has been the 3rd most successful year for investors to “buy the dip” in US #equities dating back over 100 years. CC: @OLGlobalMacro #markets #economy #trading #macro #finance #stockmarket

[OLO @archivedmacv1]

Source: @DeutscheBank
M2 money supply in the US contracted -4.6% YoY as of the last reading. That’s the largest annual decline going back to the 1930s Great Depression. Why would this time be different? #economy #markets #macro CC: @OLGlobalMacro

[OLO @archivedmacv1]

Source: @LizAnnSonders
This weeks jobless claims data was the largest weekly uptick since July 2021. Crucially, as seen claims came right down. Above 0 permanent job losses, now 16 months from Fed starting rate hikes, I see UR rising longer. Sorry 😞#economy #markets #macro