Replies to post #30944 on Cycle Trading

[No-Quarter]

This coming week is full of Big Cap earnings reports.

Could be a few surprises... GLTY

[No-Quarter]

Putting it all together, we can conclude that while CTAs will remain a source of selling pressure this week, it will be far less than entering last week - where the latest hostilities between Iran and Israel helped accelerate the triggering of bearish positions and removed much of the selling overhang - while risk-parity and vol-control may even buy. That said, if we get continued selling that pushes the S&P below the 4855 level that flips dealer gamma from positive to negative, then all bets are off... or at least they are until this coming Friday, when the buyback blackout window ends (according to the latest Goldman buyback tracker, available to pro subs)...

https://archive.is/MzVhT#selection-1135.0-1145.3

https://archive.is/www.zerohedge.com/markets/cta-selling-over-here-latest-goldman-ubs-and-bank-americas-traders

[No-Quarter]

Remember this from March?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174051931

Well, the consequence of that expiration is beginning to show itself here in the chart below. This will get much attention in the coming weeks as small banks start to have visible difficulties similar to SVB a year ago. GLTY

https://fred.stlouisfed.org/series/WLCFLPCL

https://fred.stlouisfed.org/graph/fredgraph.png?g=1eFCh