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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Clam digger who wrote (57760)	4/25/2022 9:31:00 AM
From: Lee Lichterman III	2 Recommendations Recommended By ajtj99 towerdog Read Replies (1) \| Respond to of 97812

Yep. I still have weekly signals firing on bonds but the negated signal last week keeps me from playing it. I don't want to trade blind if my signals aren't working in a timely fashion. Running charts over the weekend, commodities, material stocks/miners were all looking toppy, had various signals firing and some look like the dot.coms at their 2000 tops. China lockdowns are slowing demand though in the past, it always bounced back later. On the other hand, I was reading how rail and truck demand here is dropping. Transportation is an early warning sign. I'm not really seeing anything that looks good. Just stuff that isn't as bad. Financials are slow bleeding vs the sharp drops in speculative junk. Even the small cap value is slightly downsloping now. It's becoming more of a question of do you want to lose money slowly or fast?

To: Clam digger who wrote (57760)	4/25/2022 9:55:25 AM
From: Jacob Snyder	1 Recommendation Recommended By ajtj99 Read Replies (3) \| Respond to of 97812

Copper is holding up, still near the top end of its $4-4.8 range. But copper miners are getting murdered. COPX gapped down today, completing a move this month, from the top to the bottom of its range (50dma +/- 10%). schrts.co China buys half the world’s copper output. The Shanghai total lockdown continues, and may be extended to other cities, like Peking. If the government continues their “zero-covid” policy, prices for most commodities (except food) will decline. And if the Fed really is going to raise rates repeatedly by 0.5 or even 0.75, the odds of a recession in 2023 increase. The historical pattern is, a rapid series of rate hikes usually causes a recession. A gentle slow series of modest rate hikes is compatible with a continuing bull market.