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I was musing only a few days ago about maybe doing a Slope chat room inside the red-hot app Clubhouse. My idea was met with a resounding ticker symbol NFW from the group, and having listened to the Stocks & Options room again this morning (for as long as I could stomach it, which was about 40 seconds) I’m starting to lean that way.
The headline over at ZeroHedge pretty much says it all…………
So here we’ve got the one-two punch that our ($SPX/FR:DGS10) ratio chart has been anticipating: on the one hand, soaring equity prices (since, ya know, bargain) and on the other hand, falling interest rates. Put the two of them together, and the ratio chart is destined to rip higher. Given the well-formed top as well as the perfect touch of the channel’s midline, it’s an agonizing work of art:
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