_Kenway
_Kenway t1_j9dlyb4 wrote
Reply to Wall Street Newsletter S02E07 : Why is there such a disconnect b/w Stock and Bond market? by DesmondMilesDant
>Look at this shocking divergence
I don't see any shoking divergence at all between those assets
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Bonds are positively correlated with stocks in high inflation scenarios
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gold was overbought af, that correction was indeed... plus DXY on the other side
_Kenway t1_j98or41 wrote
Reply to Everyone is making predictions…why not then? SPY will stay between $407 and $427 until August 2023. Yes, I love crayons 🖍️ by Dry_Job_1084
This is actually a good prediction, but 400-405 might be tested bc in a flat market scenario the 50 MA does not work that much as a support
_Kenway t1_j6p24bl wrote
Reply to How do we stop making cults? by SwearImNotACat
you're watching the wrong part of WSB
check the daily thread, DD and chart section
_Kenway t1_j2e58dq wrote
Reply to S&P 500 falls 19.4% in 2022, worst year since 2008 financial crisis. by StandardConcert1467
great recession correction was actually -56% from ATH
_Kenway t1_j27gawy wrote
Reply to AMZN is a buy. by Adossi
AMZN is in the top15 highest PEG ratio (5.99) of S&P 500 components
PEG = price earnings to growth ratio, <1 = optimal
_Kenway t1_ixzw6mn wrote
Reply to PUTS ANYONE? by Stock_Man69420
Do you realize that this trendline has been posted at least 5 times in the last 24h ?
_Kenway t1_ixyetch wrote
>Brandi Love is the great granddaughter of Jesse Livermore
_Kenway t1_j9dodhn wrote
Reply to comment by DesmondMilesDant in Wall Street Newsletter S02E07 : Why is there such a disconnect b/w Stock and Bond market? by DesmondMilesDant
1d correlation coefficient between SPY and 10Y was 0.7 just 3 weeks ago
now it's around -0.4, which makes sense bc the correlation shouldn't be that high at medium and long term
weekly chart is still positive around 0.6
the correlation has its mean reversion as well so it tends to correct