Big One Incoming

The 3M/10Y bond yield inversion is the second longest ever. The longest yield curve inversion preceded 1929. Two other long ones preceded 1973-1974 and 2008, two of the worst bear markets after the Great Depression. The Other long one came ahead of the early 1980s back-to-back recessions, the worst recession since the Great Depression at that point. The current market has the qualities of the 2000 tech top mania speculation in tech and crypto, it has valuations on par with 1929 and 2000, along with curve inversion on par with markets that collapsed from valuations far lower. This might finally be the start of something that will dominate history books for a century.

沪深300 第一部

Based Copper

Friday's Losers

A sampling of 76 stocks that cleared my loser screen on Friday.

Santana Breakout

2024 Bear Market in One Chart

A bear market has this chart completing the symmetry.

Santana Ready to Go

Sectors Relative to QQQ