[COMPLIMENTARY] Top 3 Things | Crasher/Slasher/SilverBells

It’s been a long grinding year. I hope you enjoy the holidays with your families and loved ones -KM

1. CRASHER – just like our last #Quad4 in DEC Of Q4 2018 call, Crasher and Slasher are with Dancer and the Bears with SPX re-entering #Quad4 Crash Mode (down > 20% from its Cycle Peak) with the low-end of my Risk Range collapsing; NASDAQ’s #Quad4 Crash is now at -34.8% from The Mother of All Bubble Highs; Chinese stocks down (again) as 37 MILLION Covid Cases PER DAY are reported
2. RATES – my new name for Slasher is TLT – poor thing couldn’t last 3 days in my Asset Allocation Model – very ill. The Big 3 in my 10yr Yield Signals are all back to Bullish @Hedgeye TREND (for Bond Yields, which is Thrasher and Slasher for the Bonds) this morning with UST 10yr Yield > 3.60 TREND Support to 3.71%, UK 10yr Gilt and 10yr German Bund Yields up another +3bps
3. SILVER BELLS – Santa Claus Rally is here! But it’s not in what Consensus owns. It’s a Precious Metals Christmas! Platinum +1.8%, Silver +1.6%, and Gold +0.6% (we’re long all of their Miners too). Overlay Long SLV vs. Short QQQ in DEC and you’re smiling. “Silver bells, silver bells, It's Christmas time in the city”… have a wonderful Holiday Season!

Immediate-term @Hedgeye Risk Ranges: SP500 = 3; UST 10yr Yield = 3.39-3.72%

KM