Non-Financial rated Debt, Corporate Debt will begin to roll over as GDP Forecasts,
although no longer provided... does not matter, the Global Economy is once again
on the Steep Decline.

Supply Chain Issues compound monthly, with no end in sight.

The answer is, Buy STONKS, they are the New, New, New, and Improved Liquidity Economy.

Stocks are the Economy for most Americans. GDP is resolved with Gains in Zombie Companies
buying Trillions of their own shares.

1.6 Million Options were swapped for Tesla Friday, 52% Calls.

The Gamma Squeeze for protected entities is in trade.

Yeah, Naw, we'll pass for now, wait for the Pullback into the Final Stage of this Historic
Bull Market.

Commodities are pitching a large Bis as the Safety Trade is back in force.

There will be a final Blow Off Higher into 2022 as Debt Markets join the idiocy until
it all simply implodes.

2022 is going to be a very difficult year for most.

Perpetual Bonds are assured, the reset there will require a degree of patience while the
"Distribution Phase" requires time.

Insider selling remains robust, Retails are going All-in on the YOLO.

Meme's will begin to roll over and collapse into the next Sell, which is ahead.

We will see how long they can continue this Distribution .

Margin Debt remains elevated at Highs.

INever forget Crammer issuing Buys in March of the DotCom peak for the most bloated
overvalued JUNK Stocks which promptly collapsed from $600 to $0.

2022... one for the Books after 5/5 completes.
Note
Lagarde Speaks Prior to NYSE Open, no doubt frustrated by EU Elections

FED Mouthpieces will be out touting this morning

AS well, BOE Hunta will be providing color commentary for UK.

Coupons @ 1.425$ Billion 10 - 22.5s as ZB ZN Making larger Weekly retracements this morning, and why I am closing a number of TLT Puts, perhaps all depending don't the reaction at .50% for 2021 lows to highs for ZB @ 30Yr.

ZN @ 131.20 counter-trend possible, it can just dump right thru it.

Timing is everything.
Note
Financials are trading Front Runs of their .618s.

Interesting Monday as Globex traded Resistance and is now attempting to find where Support might be...

The -.382 dipped in on NQ

ES - 4441 Weekly pivot

YM - Unsteady

CL - 77s again, thru it and 107 - 114 is Objective, then 148s as safety
trade is gaining momentum in Commods and Energies.

VVIX has dropped form 145 to 100
Note
VIX M1 Range 19.05 - 22.30

VIX M2 remains in Contango

VXN 19.76 - 24.70 Range

TSLA - 800 Call Squeeze attempt

AMC - DOA

Crypto - DOA, Add Japan to the list of Yakuza Killers

Silver - Yard Sale Relic courtesy of UBER Pumper Dave Morgan, Although defending - pay attention as the trend for SIlver is Technically in a better setup.

Gold - Real Support @ 1596 following Bonds, not FX, needs 1770+ for Micro
Break to move higher.

FX - complete mess as DX remains in Bid - 97 - 104s opens up on break of prior highs. GBP Duress, JPY Carry Unwind YEN Weakening to DX heavily.
Note
4 Days to recapture the Flag, recapture and Fade the Trendline toss over.
Note
QQQs recapture the Flag @ Gap: 377 - 380 Limit Sell on
recapture the rising Wedge Lower TL.
Note
IWM above 223 / RTY - Reopening names, Delta Peak $ FLow. Break 223 and it sells to 1900s and perhaps 1710.

Selling Tech rotation will fail.

Weakness remains the overwhelming Theme for now.

DX dependent
AMCARKKChart PatternsFundamental AnalysisGMEhodlHOODmemesretailreverserepurchasestocksonlygoupTrend Analysis

Disclaimer