- S&P 500 1,881.14 +.95%
- DJIA 16,512.80 +.93%
- NASDAQ 4,123.89 +1.19%
- Russell 2000 1,128.80 +.51%
- S&P 500 High Beta 31.21 +1.36%
- Wilshire 5000 19,698.40 +.97%
- Russell 1000 Growth 869.92 +1.26%
- Russell 1000 Value 956.27 +.78%
- S&P 500 Consumer Staples 453.11 +.86%
- Morgan Stanley Cyclical 1,523.36 +.56%
- Morgan Stanley Technology 903.51 +1.19%
- Transports 7,698.84 +1.49%
- Utilities 543.81 -1.42%
- Bloomberg European Bank/Financial Services 110.01 +1.51%
- MSCI Emerging Markets 41.44 +1.06%
- HFRX Equity Hedge 1,163.14 -.47%
- HFRX Equity Market Neutral 977.05 -.03%
- NYSE Cumulative A/D Line 217,645 +.52%
- Bloomberg New Highs-Lows Index 174 -3
- Bloomberg Crude Oil % Bulls 38.46 +84.64%
- CFTC Oil Net Speculative Position 402,237 -1.90%
- CFTC Oil Total Open Interest 1,651,521 +1.96%
- Total Put/Call .96 -15.04%
- OEX Put/Call .71 -78.55%
- ISE Sentiment 113.0 +39.51%
- NYSE Arms .86 -43.79%
- Volatility(VIX) 12.91 -8.18%
- S&P 500 Implied Correlation 57.13 -2.16%
- G7 Currency Volatility (VXY) 6.14 -.81%
- Emerging Markets Currency Volatility (EM-VXY) 7.76 -7.51%
- Smart Money Flow Index 10,997.61 +.21%
- ICI Money Mkt Mutual Fund Assets $2.574 Trillion -.39%
- ICI US Equity Weekly Net New Cash Flow +$1.392 Billion
- AAII % Bulls 29.8 -13.7%
- AAII % Bears 29.5 +13.2%
- CRB Index 307.14 -1.14%
- Crude Oil 99.76 -.92%
- Reformulated Gasoline 294.45 -2.59%
- Natural Gas 4.67 +.78%
- Heating Oil 292.23 -2.26%
- Gold 1,302.90 -.05%
- Bloomberg Base Metals Index 188.63 -2.48%
- Copper 307.0 -1.65%
- US No. 1 Heavy Melt Scrap Steel 375.0 USD/Ton unch.
- China Iron Ore Spot 106.0 USD/Ton -4.51%
- Lumber 341.50 +1.76%
- UBS-Bloomberg Agriculture 1,547.72 -1.31%
- ECRI Weekly Leading Economic Index Growth Rate 4.2% +10 basis points
- Philly Fed ADS Real-Time Business Conditions Index .0885 -12.89%
- S&P 500 Blended Forward 12 Months Mean EPS Estimate 122.80 +.36%
- Citi US Economic Surprise Index -18.90 +6.4 point
- Citi Emerging Markets Economic Surprise Index -26.60 -1.0 point
- Fed Fund Futures imply 38.0% chance of no change, 62.0% chance of 25 basis point cut on 6/18
- US Dollar Index 79.52 -.31%
- Euro/Yen Carry Return Index 147.95 +.34%
- Yield Curve 216.0 -7 basis points
- 10-Year US Treasury Yield 2.58% -8 basis points
- Federal Reserve's Balance Sheet $4.253 Trillion -.01%
- U.S. Sovereign Debt Credit Default Swap 17.33 +.70%
- Illinois Municipal Debt Credit Default Swap 138.0 -.28%
- Western Europe Sovereign Debt Credit Default Swap Index 34.11 -3.44%
- Asia Pacific Sovereign Debt Credit Default Swap Index 87.48 -2.46%
- Emerging Markets Sovereign Debt CDS Index 251.20 -2.26%
- Israel Sovereign Debt Credit Default Swap 86.44 -.64%
- Russia Sovereign Debt Credit Default Swap 273.10 -3.75%
- China Blended Corporate Spread Index 353.35 +.99%
- 10-Year TIPS Spread 2.19% -1.0 basis point
- TED Spread 20.75 -1.0 basis points
- 2-Year Swap Spread 12.5 +1.75 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap -3.50 -2.5 basis point
- N. America Investment Grade Credit Default Swap Index 64.02 -4.36%
- European Financial Sector Credit Default Swap Index 78.16 -6.60%
- Emerging Markets Credit Default Swap Index 281.02 -4.03%
- CMBS AAA Super Senior 10-Year Treasury Spread to Swaps 84.0 unch.
- M1 Money Supply $2.787 Trillion +.18%
- Commercial Paper Outstanding 1,031.60 -1.10%
- 4-Week Moving Average of Jobless Claims 320,000 +3,250
- Continuing Claims Unemployment Rate 2.1% +10 basis points
- Average 30-Year Mortgage Rate 4.29% -4 basis points
- Weekly Mortgage Applications 333.20 -5.88%
- Bloomberg Consumer Comfort 37.9 +.6 point
- Weekly Retail Sales +3.40% +20 basis points
- Nationwide Gas $3.68/gallon -.01/gallon
- Baltic Dry Index 1017.0 +5.17%
- China (Export) Containerized Freight Index 1,066.25 -.44%
- Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 27.50 unch.
- Rail Freight Carloads 264,228 +1.97%
- Mid-Cap Growth +1.29%
- Small-Cap Value +.13%
- Gaming +6.6%
- Telecom +4.0%
- Coal +3.8%
- Homebuilders +3.2%
- Airlines +2.5%
- Computer Hardware -.8%
- Hospitals -1.0%
- Utilities -1.4%
- Disk Drives -2.6%
- Alt Energy -2.8%
- SUSS, POM, FUR, FURX, VDSI, ENR, LMNX, WTW, AZPN, HWAY, DV, KFRC, OABC, LOGM, CRUS, PGI, COLM, ECHO and ORB
- FET, VSAT, SBH, MBFI, SJW, MDAS, WRLD, VOLC, CNQR, NANO, STCK, GNRC, HAE, PNRA, HOS, JEC, WTS, PRXL, GTLS, CAS, MAS, FARO, NCR, SBSI, DLB, DWA, COH, LOCK, PLUS, OPLK, FEIC, UACL, SLAB, STMP, JDSU, POWI, CAMP and CVLT
ETFs
Stocks
*5-Day Change
1 comment:
The failure of credit is underway as investors no longer trust the monetary policies of the world central banks to stimulate investment gain. The failure of credit came the week ending April 25, 2014, and constitutes the most significant economic event since President Nixon took the US off the gold standard in 1971, and is seen in China, YAO, ECNS, CHIX, TAO, Russia, RSX, ERUS, and the US, IWC, IWM, KRE, trading lower in value.
The trade lower in Education Services, High Beta ETFS, such as Internet Retail, FDN, Call Write Bonds, CWB, International Treasury Bonds, BWX, bearing 1.52% interest. the Floating Rate Note, FLOT, bearing a 0.43% interest, give additional evidence that the failure of credit has commenced.
The failure of credit comes with debt deflation, that is currency deflation. Said another way, investors no longer trust in the monetary policies of the world central banks to stimulate investment gain, and as a result currencies, the wheels on which investments drive, and the life blood on which nation states exist, are dying; these include Major World Currencies, DBV, such as the Australian Dollar, FXA, as well as Emerging Market Currencies, CEW, such as the Chinese Yuan, CYB.
All fiat currencies will be debased and devalued by the ongoing failure of credit; some economies will experience faster debt deflation than others.
The Small Cap Developed Market Nations, SCZ, that are at the greatest risk of debt deflation are MES, ENZL, EDEN, DFE, EWS, EWI, ENZL, and GERJ, as is seen in their ongoing Yahoo Finance Chart.
The Debt Loaded Emerging Market Nations, EMHD, that are at the greatest risk of debt deflation are IDX, THD, EPHE, THD, SCIN, EGPT, GXG, ARGT, GAF, and EMHD, as is seen in their ongoing Yahoo Finance Chart. Benson te writes Phisix Mania Rages As Money Supply Sizzles for the 9th Month!
Commodities, DBC, traded parabolically lower, as Agricultural Commodities, RJA, Natural Gas, UNG, UNL, Oil, USO, Base Metals, DBB, and Silver, SLV, traded strongly lower on the failure of currencies, specifically Commodity Currencies, CCX.
The trade lower in Commodities evidences the pivoting of the world from prosperity into austerity and opens the door to the opportunity of short selling.
Trust in the monetary authority of Banker Regime and its schemes of Global ZIRP, which began when the US Fed traded out “money good” US Treasuries for Distressed Investments of all types, such as those traded in Fidelity Investments FAGIX Mutual Fund, provided the basis for global growth and more importantly investment in an age of credit that was underwritten by the Milton Friedman Free To Choose Architecture.
The failure of credit is getting strongly underway with Commodities, DBC, trading lower; thus the short selling opportunity of a lifetime has commenced.
Numerous authors report that the institutional investor is selling and the retail investor is buying, confirming a market top has been achieved. One could begin short selling from the top using these Inverse Market ETFs, as collateral in a brokerage account STPP, XVZ, GLD, EUO, YCS, CMD, DNO, PPLT, PALL, SBB, SBM, EFZ, YXI, SZK, SDP, KRS, REK, DDG, MYY, EUM, HDGE, SAGG, DTYS, JGBS
An investment in gold is a significant better investment than short selling.
In the age of the failure of credit, physical possession of gold bullion will be the only sustainable investment.
An investment demand for gold is imminent as investors panic in a flight to safety out of Financial Armageddon, that is credit collapse and financial breakdown foretold in Bible prophecy of Revelation 13:3-4.
The chart of Spot Gold, $GOLD, showed a closed at $1,300; the US Dollar, $USD, closed at $79.56. Gold is in an Elliott Wave 3 of 3 up, rising from an Elliott Wave 2 Down of $1,280; the 3 of 3 up wave is the most dynamic and sweeping of all waves, as it establishes bhe bulk of the wealth on the way up to the wave 5 top.
Post a Comment