A Simple StoryTeller

Retired US Marine (20 years) | CEO (15 years) | Writer | Market Prohpet | Here for writing, real talk, and good vibes. No politics. No BS. No DMs.

[A Simple StoryTeller @make1lifecount]

#WritingCommunity #AuthorLife

[A Simple StoryTeller @make1lifecount]

The breadth today is very narrow, in general that is not strength, it is a false posative.

not shorting yet, but being cautious.

$SPY

[A Simple StoryTeller @make1lifecount]

New highs on $SPY, sure... but equal weight $RSP is still 4% under its Aug 14 high.

So the average S&P stock is down since August while the big boys do all the lifting. Not exactly a healthy party.

I might be wrong though. Still long on this market (+3.3% today), but watch for some nice healthy pull backs.

#StockMarket #MarketBreadth #SPY

[A Simple StoryTeller @make1lifecount]

Yields "down"... by 2 bps. The 10yr was 4.78% a month ago, sitting at 5.29% now.

$SPY at new highs anyway. Stocks and bonds are telling two different stories, one of them is wrong...

#StockMarket #Bonds #SPY

[A Simple StoryTeller @make1lifecount]

told ya... $NKE just got cut to Sell at Berenberg, target $27.50 from $49. They're calling the share loss "irreversible." Sitting near 13 year lows.

I said it before, dead brand. Still think $20 is inbound, just not today.

#Nike #StockMarket #Investing

[A Simple StoryTeller @make1lifecount]

Great find by @nodiligence...

CCC junk spreads went from 10.75% to 12.02% since Sept 22. BBB moved 9 bp. CCC yields ~17% now.

Bottom of the credit market is bleeding while $SPY parties near highs. I'm sure nothing bad will come of this...

#JunkBonds #CreditMarkets #StockMarket

[A Simple StoryTeller @make1lifecount]

I keep waiting for the crash everyone was warning about over the weekend. I supposed all those who kept saying 'eye's on bonds' were too busy watching bonds today to see the move... oh well.

Going to take my nice 2% P%L gain and go drink some scotch.

Be good y'all.

[A Simple StoryTeller @make1lifecount]

@OptionCookie I don't see it, unless there is some profit taking. No rate hike, oil declining, jobs soft, but not that soft. No reason to sell until we push over 772.

[A Simple StoryTeller @make1lifecount]

$NKE is a dead brand as I have been saying for more than a year now...

$20 inbound

[A Simple StoryTeller @make1lifecount]

this one aged like some bad cheese!!!

[A Simple StoryTeller @make1lifecount]

Ok, now we run the risk of 750 on $SPY... Probably not today though.

[A Simple StoryTeller @make1lifecount]

Ok, now we run the risk of 750 on $SPY... Probably not today though.

[A Simple StoryTeller @make1lifecount]

I don't care if this is unpopular, but I have to say that @neelkashkari is quite literally the most mentally handicapped Fed representative in the history of the United States.

[A Simple StoryTeller @make1lifecount]

@OptionCookie

[A Simple StoryTeller @make1lifecount]

@HQNewsNow I will bet a kidney the lawyers put a contingency away for settlement knowing this would happen.

And they will still come out in the green

[A Simple StoryTeller @make1lifecount]

Feels like we are watgching a nasty came of chicken between equties and bonds.,,

[A Simple StoryTeller @make1lifecount]

Great article that anyone investing in tech should read. Bubble? Maybe, but likley not today.

[Alex Veremeyenko @alex_verem]

Source: https://t.co/Yyq5JimT8P

[A Simple StoryTeller @make1lifecount]

nevermind, on that news, we likley fill the gap up today

[A Simple StoryTeller @make1lifecount]

Watch out for 762 on $SPY today... but don't be greedy!!!

[A Simple StoryTeller @make1lifecount]

Watch out for 762 on $SPY today... but don't be greedy!!!

[A Simple StoryTeller @make1lifecount]

Here we go again….

[*Walter Bloomberg @DeItaone]

*TRUMP: DIESEL EXPORT BAN MAY CAUSE A LITTLE CAR GASOLINE RISE

[A Simple StoryTeller @make1lifecount]

Love this - no talks and the market goes up, fair enough.

[FinancialJuice @financialjuice]

🔴Fars News, citing an informed source: The news coverage by Western media outlets, including Axios, about another round of negotiations is false and is designed more to manage the market and oil prices.

[A Simple StoryTeller @make1lifecount]

@OptionCookie Brother. You good?