Friends – Activity – Juliana38

Seth Golden posted an update 4 years, 1 month ago

According to the latest franchise flow data from BoAM the battle in the trading pit is between a small professional well-trained army of institutions and hedge funds that are selling to an enormous mass-movement of poorly trained peasant soldiers, called Retail Army.

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Seth Golden posted an update 4 years, 1 month ago

When SPX closes at a fresh new all-time high and then declines 4 days in a row.

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Seth Golden posted an update 4 years, 1 month ago

Wells Fargo

Seth Golden posted an update 4 years, 1 month ago

J.P. Morgan:
1. expect next year to be front-loaded with most of the market upside realized in the first six months of the year

2. continued exceptionally easy monetary policy (US M2 money supply +24% y/y, largest increase since 1940s) and another round of fiscal stimulus ($700-900b) in the near future;

3. COVID-19 vaccine distribution and…[Read more]

Seth Golden posted an update 4 years, 1 month ago

Jan Hatzius explains why Goldman is right and consensus is wrong: “Our global growth numbers remain well above consensus because we think too many forecasters are extrapolating too much from past cycles. Most recent recessions have resulted from asset price busts and other financial shocks, whose negative effects on output took time to…[Read more]

Seth Golden posted an update 4 years, 1 month ago

BofA:

Seth Golden posted an update 4 years, 1 month ago

Goldman Sachs:

Seth Golden posted an update 4 years, 1 month ago

To start November, systematic strategies were running $240 billion worth of long exposure compared to a max long of $530 billion of exposure in February, so plenty of scope to add. During the middle of November, it was forecasted approximately $12B billion worth of systematic buying per day with the VIX ending November at 20.57, its lowest close…[Read more]

Seth Golden posted an update 4 years, 1 month ago

OUCH!! The JPM Chase sample of 30mm Chase debit and credit card holders saw a 19% YoY fall in their Black Friday spending. The data shows a shift to online spending, that shift was not strong enough to offset the reduction to in-person spending.

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Seth Golden posted an update 4 years, 1 month ago

This is an important development. Global stocks have been in a bear market since Jan 2018. When a breakout like this occurs… anticipate a retest before more upside, but also this affords investors whom have positioned bearish the market to resolve that positioning and align for the probabilities of higher prices in…[Read more]

Seth Golden posted an update 4 years, 1 month ago

According to Pay with GasBuddy data, gasoline demand last week (Sun-Sat) was down 7.3% from the prior week.