Hi YXI friends,
Monday’s price action was mixed for stocks - a poor open followed by some intraday buying attempts to steady the ship. However, the crypto bulls took another big hit with another $1 billion leveraged long positions being wiped out.
Did the Bank of Japan spook the market? I would argue that the real culprit was the month-end money-market liquidity. Let me walk you through what I see.
Overall, I maintain a cautiously optimistic stance for December. The end of QT, a rate cut, and the TGA balance moving down should help calm the market and improve the outlook of the recently fallen high-beta names, including crypto.
Table of Contents
DISCLAIMER: This newsletter is intended for educational purposes only. Any information or analysis in this note does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice, nor should it be relied upon to make investment decisions. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice.
Please check our glossary for explanations of the acronyms, financial terminology, and economic data.
1. YXI Dashboard
Tired of Market Noise?
The markets are more complex than ever. A decisive edge requires a systematic, multi-layered framework. We leverage unique, proprietary analyses to bring clarity and confidence to your strategy.
Unlock Premium Access NowStay Ahead Of The Market:
- Daily Coverage of Equity Indices, Rates, Mag-7, Crypto, and Gold
- Proprietary Machine-Learning Models: Built to deliver higher Sharpe Ratios and lower drawdowns than generic buy-and-hold strategies.
- Proprietary Asset Cycles, Volatility, Fractal Analyses based on real market expertise.
- Deep Macro & Technical Insight: Leverage advanced chart analysis, liquidity flows, seasonality, and valuation to see what others miss.