patrick.net

It does not look right.

Bearish.

Peter P says

Bearish.

Over bought and over sold in some areas , breath not great.

However, not sure how many people had White House, Senate, and House going all Republican

The rally does not look "organic."

But then few rallies are nowadays.

Bond market not doing so well.

Peter P says

Bond market not doing so well.

You really had a bigger move last year than this year

Logan Mohtashami says

Markets Reaction Epic

The markets aren't reacting to Trump being elected. They are reacting to guesses by various players guessing how the markets are going to react due to guesses by other players on how the markets are going to react due to guesses by other players on how the markets are going to... stack overflow, system halted, too much recursion.

The markets are no longer about valuing companies or even guessing how much companies are worth. The markets are about guessing how other people are going to guess. It's basically a casino.

Dan8267 says

It's basically a casino.

This is context to the Anti Fed crew who promised the Markets would crash... #DavidStockman thesis

Over bought/Over sold conditions, lack of breath... but the Markets will crash thesis if Trump got elected goes into the category that people still believe that a sitting President can move a economy

Conservatives were simply terrible with the economic theories because they hated Obama so much and this happened

U.S. economics are more powerful than any sitting president

Dan8267 says

The markets are no longer about valuing companies or even guessing how much companies are worth. The markets are about guessing how other people are going to guess. It's basically a casino.

Not a casino. It's called a Keynesian Beauty Contest.

Peter P says

It's called a Keynesian Beauty Contest.

I don't get it, looks like s heartbeat monitor.

APOCALYPSEFUCK_is_ADORABLE says

What's great about TRUMPLIGULA! Is that he'll look the other way at race riots, completely deregulate markets until people are floating personal bond issues on their bitcoin accounts to buy ammo and municipalities are paying pensions in worthless rubles.

The Bush family fortunes will double overnight lending money to Canadians to buy ammo to stop starving AMERICA!ns from getting across the border and eating them.

Putin and TRUMPLIGULA! Will recycle their cash lending it to Persia to attack Saudi Arabia and seize the gulf.

WOW!

The conventional wisdom is that, right off the bat, the stock market would fall precipitously. Simon Johnson, the Massachusetts Institute of Technology economist, posited that Mr. Trump’s presidency would “likely cause the stock market to crash and plunge the world into recession.” He predicted that Mr. Trump’s “anti-trade policies would cause a sharp slowdown, much like the British are experiencing” after their vote to exit the European Union.

In explaining his prediction, Professor Johnson wrote that Europe’s economy is so fragile that “Trump’s trade-led recession would tip Europe back into full-blown recession, which would likely precipitate a serious banking crisis.” After that, he continued: “If this risk were not contained — and the probability of a European banking debacle is already disconcertingly high — there would be a further negative spiral. Either way, the effects on emerging markets and all lower-income countries would be dramatic.”

Professor Johnson’s view may be a bit hyperbolic, but to one degree or another, his pessimism is shared by many economists across Wall Street, from Citigroup to Goldman Sachs. Each cites a different set of reasons the markets will fall if Mr. Trump wins.

Hello USD

Even Bunds sold off hard

This is key and what I have talked about on my facebook live on inflation
Dollar (USD) rises = imports cheaper but service inflation always rise.

Commodities near key make-or-break,despite LT infrastructure thesis

Logan, election night put global markets in freefall.

They recovered before the opening bell and many had their biggest daily gain of the year that following Wed, the day after the election. Then shortly after, the Dow hits record levels.

So what are your top conclusions you are making with all the charts above?

BayArea says

So what are your top conclusions you are making with all the charts above?

Stocks, ehh... Nothing new here, EPS is positive now, we have talked about that months ago and in the 2016 Recession thread...

Dollar is more important right now

Bond market, I know this is freaking some people out because the gold bugs have taken my bond market article today

However, 2.27% and 2.50% are key levels for me, nothing yet breached but that channel I have talked about 1.60% - 3% still intact, obviously the bond market breaks below 1.60% when something happens in Europe but that is a short term item

When this article gets pushed buy gold and silver people I know this is short term velocity panic by some

https://loganmohtashami.com/2016/11/12/will-higher-mortgage-rates-impact-the-housing-market/

2 year at .98% ... that conviction of rate hike now... as long as is it sticks around here, Dec rate hike on