@Palash2006@shivamroy__ When did I oppose privatization and when did privatization become the only public policy that affects jobs? The power to tax (and not to) is the single biggest tool govt's can use to create or destroy jobs, apparently that's too much for you to grasp.
@Palash2006@shivamroy__ If you think govt. policies don't affect employment situation, I suggest you read up on some basic economics instead of ranting on the internet.
@TradesByAnand@grok It's a fair point but if you are tracking positioning and order flow, those already tell what the market is upto, there isn't any need to track MA's and VWAP's. Chart pollution and too many things to look at in live markets isn't great.
@Indianmarkets9@AshishGupta325 Because a guy making and approving policy for the entire country should be able to talk about them without a teleprompter
Heading into the midterm elections, I thought this was an interesting analog chart.
The blue line is the 10 year yield during Trump's first term midterm year, July 2018 through January 2019. The orange line is the 10 year yield now, as we head into the current midterms.
What stands out to me is that the ramp higher started at about the same time in both years, in late August.
If this analog holds up, we could be nearing a local top between now and October 5th.
If it does, it would be worth keeping an eye on the sectors and industries that have been negatively correlated to rates.
The second image shows the industries with a strong 20 day negative correlation to the 10 year yield.
@chartingninja@Chunkyponkey@AshishGupta325 Nothing new, the guy has been acting for a while now, there was this one interview where impromptu he says that a poem just came to his mind, the camera then focuses on a slip of paper with the poem printed. It's somewhere in this video https://t.co/jFDKDkUQh8
@skewpirate@dmartin_trading There is no compulsion to use price only for indicator calculations, but to say price can't work is also wrong - there are various kinds of breadth you can build with price which are very powerful and can be predictive.