What the heck is the market waiting for?

[heavenskrow]

We have been chopping in a range for about 2 months now...... Europe has hit a key resistance level and also has joined us in the range bound trading activity....

What news/catalyst is the market waiting for to take us out of this range?

 

[Spectre2007]

Bag holders Cartel... don't you sense it. Unspoken rule to not offload. Not offloading has worked. 10 trillion created out of thin air last 8 years. Which major institution blinks first.. when does shit that keeps increasing in value become more shitty.. Money supply increases filter into pension funds that allocate into 2 derivative classes.. credit/equities. So endless supply of money till money supply drops..

Money supply is to increase further with supposed fiscal stimulus. So markets priced in and waiting.

 

[heavenskrow]

maybe not offloading shares....but buying gold and bonds have........and if the trend continues.........then................

 

[xandman]

A Trump policy. The market is not responding to earnings.

So, It rather sucks for longs who didn't insure early. Risks are definitely elevated.

 

[Maverick74]

Bag holders Cartel... don't you sense it. Unspoken rule to not offload. Not offloading has worked. 10 trillion created out of thin air last 8 years. Which major institution blinks first.. when does shit that keeps increasing in value become more shitty.. Money supply increases filter into pension funds that allocate into 2 derivative classes.. credit/equities. So endless supply of money till money supply drops..

Money supply is to increase further with supposed fiscal stimulus. So markets priced in and waiting.

All they have to do is buy some VIX which is at decade lows. Jeez, listen to your doctor. Always know your doses. And for God's sake, drink water with those pills.

 

[Spectre2007]

All they have to do is buy some VIX which is at decade lows. Jeez, listen to your doctor. Always know your doses. And for God's sake, drink water with those pills.

You must be long some shit.. no need to buy vix .. it's not needed in this type of market.. that's why it's as you say at decade lows.

 

[Spectre2007]

Look at velocity of M2, there is no economy..where are those earnings coming from plus at historical Schiller valuations..

http://www.investopedia.com/terms/m/m2.asp

 

[xandman]

All they have to do is buy some VIX which is at decade lows. Jeez, listen to your doctor. Always know your doses. And for God's sake, drink water with those pills.

Mav, how do you size and duration match the VIX to an ES position?

 

[xandman]

Look at velocity of M2, there is no economy..where are those earnings coming from plus at historical Schiller valuations..

http://www.investopedia.com/terms/m/m2.asp

Interesting. Barely an upturn in the money supply during the bull market. Is this a first time anomally?

 

[Spectre2007]

Interesting. Barely an upturn in the money supply during the bull market. Is this a first time anomally?

http://www.zerohedge.com/news/2017-01-23/80-central-banks-plan-buy-more-stocks

The above link explains some of it... only pensions and 529's are allocating almost in a mandatory fashion to buying shit. How long can you keep buying insurance as TopGun states above..