Posted by lewiscook on 25th of May 2023 at 12:11 pm
Steve, thanks. I just used that comment as my conduit to
the chat. I wasn't really a response to your entry, but for
clarity, a free standing question. Some things have me
confused: copper, crude, materials........
Yes DBB is near Oct/November Lows - demand clearly is weak for
base metals. All the items you mentioned below are reflecting
weakening demand as trader's surmise the lagging impacts from CB's
actions
that A's are pretty good as an opposite indicator like the VIX,
but again too early to confirm daily A's yet as they are generated
by volume and not enough of the day has passed yet but for now is
showing some concern
LOL yeah I really need to create a line of BPT wear and sell
those funny shirts at cost - wearing out on public people would not
understand, what the hell does that mean
of course they would understand the inflation shirts, but not
things like A's etc.
I want these to be high quality T-shirts that you would like to
wear that are comfortable good material would need to decide on
that lOL
Very poor breadth today
Posted by steve on 25th of May 2023 at 11:47 am
Very poor breadth today
Steve, is this global market
Posted by lewiscook on 25th of May 2023 at 11:58 am
Steve, is this global market becoming more deflationary?
lewis - not sure what
Posted by steve on 25th of May 2023 at 12:05 pm
lewis - not sure what term to describe - I'm simply focusing on price action. The comments below pertained to the US market breadth for today.
Steve, thanks. I just used
Posted by lewiscook on 25th of May 2023 at 12:11 pm
Steve, thanks. I just used that comment as my conduit to the chat. I wasn't really a response to your entry, but for clarity, a free standing question. Some things have me confused: copper, crude, materials........
Yes DBB is near Oct/November
Posted by steve on 25th of May 2023 at 12:13 pm
Yes DBB is near Oct/November Lows - demand clearly is weak for base metals. All the items you mentioned below are reflecting weakening demand as trader's surmise the lagging impacts from CB's actions
note some A's showing up
Posted by matt on 25th of May 2023 at 11:55 am
note some A's showing up on the daily QQQ, AVGO, MSFT, META
it's too early in the day to confirm the A's as they could go away, but it's something I'll monitor and update you on later
that A's are pretty good
Posted by matt on 25th of May 2023 at 11:58 am
that A's are pretty good as an opposite indicator like the VIX, but again too early to confirm daily A's yet as they are generated by volume and not enough of the day has passed yet but for now is showing some concern
Are these available in long
Posted by steverobin on 25th of May 2023 at 12:31 pm
Are these available in long sleeve?
LOL yeah I really need
Posted by matt on 25th of May 2023 at 12:47 pm
LOL yeah I really need to create a line of BPT wear and sell those funny shirts at cost - wearing out on public people would not understand, what the hell does that mean
of course they would understand the inflation shirts, but not things like A's etc.
I want these to be high quality T-shirts that you would like to wear that are comfortable good material would need to decide on that lOL
Do it!
Posted by brophy on 25th of May 2023 at 12:53 pm
Do it!