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Freak Show – NorthmanTrader

Sven Henrich via Northman Trader Who’s ready for a total freak show? Buckle in for I came across something interesting putting a couple of pieces of the market puzzle together. In The Alternative View I outlined some charts I see as critically important to watch in 2021. One of these charts is the US dollar, particularly...

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Stretched – NorthmanTrader

Sven Henrich via Northman Trader I’ve been saying it for a while: The extremes are becoming ever more extreme, to the upside as well as to the downside. Last year I kept highlighting multiple warning signs in markets leading into the 35% crash ( example: Never go full retard) and now I feel like I’m...

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The Alternative View – NorthmanTrader

Sven Henrich via Northman Trader As promised some views and chart perspectives on the upcoming year of 2021. I’m titling this 2021: The Alternative View simply because Wall Street consensus is again entirely bullish for 2021 driven by the presumed view of a strong economic recovery to come along with continued aggressive central bank intervention....

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Dollar Watch – NorthmanTrader

Sven Henrich via Northman Trader I’m not a currency trader, but like it or not we are all currency traders now as the movements of the dollar and equities are tightly linked. Dollar up, markets down and vice versa. Indeed recall in early September I had spotted a technical pattern that was bullish the dollar...

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A Mystery – NorthmanTrader

Sven Henrich via Northman Trader I got a mystery for you, cause who doesn’t love a good mystery. Record inflows. Week after week, record tech inflows, all year long. Almost daily we get headlines about money coming in and buying equities, passively presumably as that is where most inflows are moving into these increasingly automated...

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Key Time for Gold – NorthmanTrader

Sven Henrich via Northman Trader I wanted to offer some thoughts on Gold on this Thanksgiving weekend as Gold has reached a key price pivot and has seen sizable selling in recent weeks as the rest of the market continues to melt into the stratosphere and speculative bubbles are spreading across asset classes. So why...

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Blow Off – NorthmanTrader

Sven Henrich via Northman Trader Four vaccine announcements. Janet Yellen to the Treasury. Donald Trump opening the path to a transition. Fed and ECB signaling more stimulus to come and yet, no new highs on $SPX and $NDX. Rather the bull target identified in October and again discussed in All In still stands having been...

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ALL IN – NorthmanTrader

Sven Henrich via Northman Trader Ah it’s that time of the year again. Everybody is piling into stocks. Valuations who cares. It’s the end of year seasonality when stocks always go up, the Fed has our back, multiple vaccines are just around the corner, Wall Street paints a rosy picture into next year (as Wall...

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Bull Targets – NorthmanTrader

Sven Henrich via Northman Trader First off: Great news. As I’m sitting here in the UK with lockdown number 2 I’m very pleased to hear the news of the Pfizer vaccine. I hope it’s a winner. Yay for science, an amazing achievement. Besides I can’t wait to hit the beach. Unfortunately we all still have...

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Minds the Gaps – NorthmanTrader

Sven Henrich via Northman Trader As our see no risks market continues chugging along near all time highs again you may have noticed that many of the gains since the September lows are again coming via magic overnight gaps. So what you say? If the market doesn’t mind it doesn’t matter. And it’s true as...

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See No Risk – NorthmanTrader

Sven Henrich via Northman Trader Amazing times all around. Most astounding perhaps the level of complacency building in markets into the US election and into year end. Most of the market appears to have adopted a see no risk attitude. Hear of no risk, see no risk, speak of no risk. No matter who wins...

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Exposed – NorthmanTrader

Sven Henrich via Northman Trader While this weekend’s headlines are dominated by who got exposed to and infected by Coronavirus from the President on down I want to make sure other key news items are not lost in the shuffle, specifically those that expose a system that has self corrupted itself and is desperately trying...

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Triple Trouble – NorthmanTrader

Sven Henrich via Northman Trader Markets have run into trouble in September and 3 major problems have emerged and unless these problems are solved markets may have to contend with the distinct possibility of having topped for now. Now to the extent these problems get solved favorably major rally opportunities can also avail themselves in...

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$VIX Uprising – NorthmanTrader

Sven Henrich via Northman Trader As long time readers know I’m a big fan of $VIX technical structures and compression patterns. Often dismissed as non chartable I think we’ve successfully to put that argument to bed a long time ago. Recently in “Key Charts” I again outlined the $VIX as one of the key charts...

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Unspoken Truth – NorthmanTrader

Sven Henrich via Northman Trader We all know it yet the unspoken truth deserves to be said out aloud. You all heard the phrases ‘Don’t fight the Fed’, and ‘ there is no alternative’. Can we be clear what these phrases really mean? They mean people are buying assets at prices they otherwise wouldn’t because...