BoA Sell Signal About to be Triggered for 1st Time Since 2007

2 Mar 2021

Could be nothing, but mixed with everything else, UVXY/VIX is definitely something to keep an eye on for sure..Was already watching it anyways -- saw the story, thought I'd post the look

Zerohedge: BofA "Sell" Signal Triggered Any Moment... The Last This Happened Time Was June 2007

"the Sell Side Indicator (SSI), which is the average recommended equity allocation by sell-side strategists, rose by nearly 1ppt to 59.2% from 58.4%. This was the second month in a row of an almost 1ppt jump, bringing recommended equity allocation to almost a 10 year high and just 1.1ppt shy of what BofA dubs a “Sell” signal."

2 Mar 2021

Not

That's an alright risk/reward too, (if that even really exists with UVXY lol)...

3 Mar 2021

Not

Interesting stats about operation twist

ZH--"Colas then notes that while there were other things going on at the time (European rates under pressure), 10-year Treasury yields fell from 3.75 percent in February 2011 to that low of 1.44 percent right in the middle of “Operation Twist 2” in July 2012. Then, "once Twist 2 ended at the end of 2012, they rose from 1.78 percent to 3.0 percent at the end of 2013."

3 Mar 2021

Not

"Will Powell Unveil Operation Twist 3.0 Tomorrow?"

5 Mar 2021

Not

Wouldn't wanna be holding that right now..