CGTS THURSDAY: WILL THE BOND MELTDOWN KILL STOCKS
CGTS Algo Trading System
CGTS THURSDAY: WILL THE BOND MELTDOWN KILL STOCKS
Feb. 26, 2021 4:08 AM ETARKK, CDLX...
IS A CONVEXITY DISASTER a REAL THING or is it a euphemism for something else?
Why Workhorse? Cathy Wood to the rescue. (From "We are not out of the woods yet" category.)
Historically, when M2F ALT Levels goes below zero, we look for a trading bottom. (Maroon, third pane up.)
Let's use the same metric for NDX.
Over the last two years, every M2F ALT LEVEL<0 was a BUY signal.
Is there reason to believe that the SELLING is near the end? Dare we think this?
3x TRADING says BUY TQQQ, NAIL, BRZU. WANT and LABU were buys yesterday.
Our 3x System is based in M2F ALT LEVELS (top pane, below, maroon) and COUNT1.
This system has been quite accurate.
Here is how it trades TQQQ.
Is this the beginning or the end of the TECH SELLING? This system says it is the END of the SELLING.
The three times the Maroon M2F ALT LEVELS indicator was below zero, in the last three years, marked a trading bottom in NAIL.
3x_M2F_ALT_PLAIN_PORTFOLIO_2_25_21.xlsx
We are testing other trading systems. M5 trade, for instance:
QLD is a BUY TODAY in this trial system. M5 is purple.
This seems to be pretty accurate also.
UMM. OK. Today was heavy selling.
Diagnostics? Will CGTS DIAGOSTICS collapse today because of the selliing?
THE INSTRUMENT ROOM
CROSSOVERS
PROP2 does not seem to be collapsing. Selling but not PANIC SELLING.
EARLY WARNING SYSTEM, unchanged.
Are we seeing continued weakening of the COUNT1 System? Not as badly, considering today's selling.
C1=1 lost 17 issues. C1=2, TRADING SELL, gained 12. C1=3, SHORTSELL, lost 2. C1=4, BEAR RALLY, gained 4.
In the FEB-MARCH 2020 CORRECTION the fluctiuations in C1=3 were noticeable.
CROSSOVER TRADE. A painful day today; but still LONG. Still up 3.5% for the year.
We were looking for FISHNET SYSTEM BUY SIGNALS to act as support of our TRADING BOTTOM theme. Not today.
FISHNET_DAILY_PORTFOLIO_2_25_21.xlsx
M2F ALT x3 STOCK SYSTEM.
Look at the ONE NEW BUY SIGNAL TODAY, PSTH, PERSHING SQUARE, which we already own.
Look how Pershing Square has hugged SUPPORT (29.67) in this SELLING WAVE. M2F ALT LEVELS tells us this issue is OVERSOLD.
M2F_ALT_PLAIN_PORTFOLIO_times_3_2_25_21.xlsx
COUNT3 TRADE SYSTEM.
No new LONG Trades in this system. One new SHORT trade today.
C3_TRADE_PORTFOLIO_2_25_21.xlsx
OLDBOY 100 TRADE.
We have some new LONG Trades here.
OLDBOY_100_PORTFOLIO_2_25_21.xlsx
RP: RP_2_25_21.xlsx
HEADLINE NEWS
RED HOT ECONOMY, with new strains of COVID on the rise and questions about COVID VACCINATIONS' effectiveness of new strains?
TBT gained 3% today. Yields higher. This is the KEY BATTLE currently in the markets.
One reason the BOND MARKET SELLOFF MIGHT NOT BE SO SCARY.
https://www.forexlive.com/news/!/one-reason-the-bond-market-selloff-might-not-be-so-scary-20210225
Is this racist: "If u say one more word, I'll cut your black ass and send you back to Louisiana..."
What if he had been speaking to Vlade Divac and said ""If u say one more word, I'll cut your white ass and send you back to Serbia..." Would that be racist?
This Peter Pan World that demands elimination of color and exasperated tones in language is a sign of hysterical blindness, I fear. We are not all kindergarteners, are we?
This guy received miiions of dollars to play basketball. Maybe he should GROW UP. He wants to sue for more money.
Is this true still? I read it in the wonderful BURNING PLATFORM issue yesterday, WAS TRUMP THE MULE?
Did we panic over a plague with less than 1% killing rate across the board? REALLY?
Now many times in the last 20 years has Albert Edwards said this? Why are we still quoting him? Isn't he a LOT like that Schiff guy, both Schiff guys?
THERE IS NO THIRD GENDER. BOYS AND GIRLS ARE DIFFERENT; AND THERE ARE ONLY BOYS AND GIRLS, NO MIDDLE GROUND. Study Genetics, Party of Science.
Was John Geddert charged with molesting children or was he charged with running a gym where children were molested? Sex trafficking? Did he do this?
PREDOMINANTLY AS AFFECTING PEOPLE OF COLOR. Oh. CASE MIGHT NOT FIT THE COMMON UNDERSTANDING OF HUMAN TRAFFICKING. Oh. Something feels FUNNY here. A lot of stretched definitions of crime to get someone, maybe? Hysteria again?
Best to all. I think the BOND MARKET SELLOFF is overdone; and Stocks are still ok. That is my thinking at the moment.
MJC, CGTS
Disclosure: I am/we are long blnk, gbtc, lthm, SPCE.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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