NicTheMajestic

NicTheMajestic

- Pension funds need 7% returns to meet liabilities - Only things that make that returns are junk bonds wrapped in variance swaps - Central banks buy junk bonds to keep market liquid - Pension funds meet liabilities buy buying junk bonds from zombie corporations - Junk zombie corps stay afloat from stimulus - Gresham's law kicks in, bad money pushes out good...

NicTheMajestic

Q : What do you call 2 tops and two bottoms ? A : A good time

NicTheMajestic

Head and sholders, many gaps

NicTheMajestic Updated 

Case 1 : Retail participation pushed market to new highs. This happened once in the last day of the Oct. rally. Case 2 : We see another gamma event, and we gap up to 350-360 as market makers cover their call wall at 350. Case 3: We bound around and realize that this rally was not bids, but an unnatural options event. Case 4 : Something bad happens

NicTheMajestic

BTC VWAP Support

NicTheMajestic

The Dax is entering overhead resistance

NicTheMajestic

hedgopia.com Hedgopia reports that the long 10 years and short 30 year position is starting to reverse. Short interest on a 30-year is decreasing, short interest on the 10-year is increasing. This could signal a reversal in the macro trend. - This a bet on a raise on short term interest rates and a decline in long term interest rates. Yield curve flattening. -...

NicTheMajestic

Vix flashing some sell signals