2yr Note yield almost 5%.  Last time was 2007.  Starting to get tempting.  Anyone nibbling on these Notes?

TLT forming a long wick on the daily, perhaps overdone short term

Newsletter audio is really garbled...anyone else have this problem?

Could you do a daily chart analysis of UNH?  I'd like to see where support is as this is a long term winner.  Thanks!

Semi shorts...aren't they called capris?

That, and the Econ PI bar chart is back in the decline quad after a few weeks of weak expansion.  

http://www.econpi.com/index.php

Will TINA be back with a vengence?

Maybe the disinflation is "transitory"

SPX broke the 50 SMA and the upward channel (having lost the STS too).  It did back test the down trend line.  Looks like the last line of defense.

Wow, its not like Plainfield is some tiny little out of the way town!

So if they each get 2 part time jobs does that mean we just created 12,000 new jobs?

Sharing the latest  BaR Grid from Econ PI.  The indicators (summarized by the green and red dots) have been trending down and into the decline quad the last few months.  Well, Friday we had the mean of coordinates and leading indicators switch into the expansion quad, albeit very low to zero.  Not saying we are avoiding a recession, but the fact that this chart has been so stubborn is interesting to me.  Why would the Fed pivot with strong jobs (professionals and construction workers remain in strong demand and with increasing wages) and growth (even weak growth)?  Seems they may need to raise more than most expect...perhaps in a few months once they realize they didn't go far enough?  Definitely different than past cycles I've experienced.  

http://www.econpi.com/index.php

SPX chart showing BPTs primary view.  With everyone waiting for a fail at 4,300ish, I wonder if we can an extended C.  1.61 x A is way up above 4,700, and would also set up a double top.  Certainly seems possible after a down 2022 and the recession remaining allusive.  Just something I found interesting.

ADM bear flag into the 9ema on the daily

MDT - thoughts on this wedge-like pattern? 

https://schrts.co/NwFtBwmd

So far ES remains in a range on this 2hr chart...

8 week T-bills priced at 4.5%...not too bad for a cash stash

It's the Florida Gators pattern...chop...chop...chop

What's the best way to hedge against the major wave C downtrend that should be coming per BPTs long term forecasting?  Short SPY/QQQ or by the 1x inverse funds?  Was hoping for the santa rally to employ some hedges against the longer term holdings.

Santa on strike!  The 60 and 120 min charts from the newsletter look to have weakened structure and a continuation of the down trend.  What's the line in the sand?  A loss of the 3764 low, or the 61% fib at 3724?  Had been hoping to make some adjustments into strength!