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Next Treasury Secretary To Extend Maturity of Debt?

steven-mnunchin

In a CNBC “Squawk Box” interview of Steven Mnuchin, the next Treasury Secretary, Steve brought up the idea of creating a super-long bond. The debt is so enormous that the only way to deal with it is to extend the payback date when a significant portion of that debt becomes due. Steven Mnuchin told CNBC…

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Short Covering Rally Has Ended According To Twiggs Money Flow

gregory-mannarino

The rally in stocks from short covering is coming to an end as evidenced by the falling Twiggs Money Flow on all the major indices. I wrote about the Trump short covering rally here. I said a week ago that when we see a negative divergence between the Twiggs Money Flow and the major indices, (Read More….)

Heavy Insider Buying In Gran Tierra Energy

gte_us03jun16_to_08dec16

There has been heavy insider buying in Gran Tierra Energy that began on November 9, 2016. On November 29, 2016, Director David Smith bought $90,000 worth of stock. Also on November 29, 2016, Susan Mawdsley bought $60,000 worth of stock. Again on November 29, 2016, Officer (VP, Investor Relations) Rodger Trimble bought $37,500 worth of (Read More….)

Warning – Falling Money Flow On Major Indices

spx_us06jun16_to_08dec16

The Twiggs Money Flow is falling on the major indices. That means that traders are choosing to sell out of the market and book their profits.

S&P 500 Chart

Comments: The money flow has been falling on the S&P 500 this entire week. Watch 2193 support level. In an uptrend, previous resistance should become (Read More….)

OPEC Reaches Deal To Cut Production But Not So Fast

supply-demand-graph-oil

OPEC has reached a deal to cut production by 1.2 million barrels a day to 32.5 million. This oil production cut represents about 1% of global oil production. The problem is that non-OPEC producers like the US have to sign on to a production cut as well otherwise this production cut is not going to (Read More….)

The Big Guys Cash Out, The Little Guys Crash Out

gabor-zolna

The high yield debt chart is very troubling IMO. If we overlay the S&P 500 and the high yield debt chart, a huge bearish divergence is revealed. Check out this chart with the red line being the S&P 500 and the purple line being high yield debt.

High yield debt (purple) is nowhere near (Read More….)

Insider Buying In Spark Energy

spke_us01jun16_to_06dec16

Spark Energy has had heavy insider buying over the last few weeks. The Director Maxwell W Keith III bought $273,564 worth of stock on November 23, 2016. Two days earlier, on November 21, 2016, Vice President and General Counsel Melman Gil bought $14,922 worth of stock.

Spark Energy operates as an independent retail energy services (Read More….)

3 Trades +$19,549 in November!

shocker

If you have a day job and can’t actively day trade or swing trade, did you know that Jason Bond has a Long-Term Trading service that is absolutely rocking it right now?

Over the last 3-months the Long-Term Trading service of JB’s has made +$34,564, winning 10 out of 12 trades.

All trades, with the (Read More….)