Intermarket Flow @intermarketflow

Capital flows anticipate market moves. They reveal the hidden strength and weakness behind every asset and asset class. Built by traders, for traders. intermarketflow.com Joined May 2023

Tweets

2K
Followers

4K
Following

226
Likes

55

Intermarket Flow @intermarketflow

2 weeks ago

The opportunity cost of holding risk has become a structural penalty. Capital does not need to chase risk — not even defensive risk — when short-term yields offer a superior alternative and make the required risk premium impossible to justify. Bear Flattening

0 0 1 265 0

View Details

Intermarket Flow @intermarketflow

2 weeks ago

The housing market — the mortgage side, at least — is literally being propped up by the Fed. To this day, they're buying MBS at par. That's intervention. Prices don't adjust. It looks consequence-free — until you ask who'd invest in structure on a market that's being artificially held up.

RenMac: Renaissance Macro Research @RenMacLLC

2 weeks ago

Structures investment remains a persistent headwind to US GDP growth. Private nonresidential construction spending has declined 6.6 percent ($52.2 billion SAAR) over the last year. Data center construction has cooled somewhat while manufacturing structures continue to slide.

5 12 58 11K 12

0 1 3 412 0

View Details

Intermarket Flow @intermarketflow

2 weeks ago

Reading the indices without watching normalized capital flow — the Z-scores — is trading blind. A rally that looks powerful can be carrying extreme fragility. One that's off the radar can be quietly accumulating capital. Divergence/Russell. Convergence/High Grade. Last week.

Global Markets Investor @GlobalMktObserv

2 weeks ago

🚨US stock market concentration has never been this extreme: Semiconductor stocks now reflect 19.7% of the S&P 500's total market cap, the most EVER. This figure has QUADRUPLED since June 2020. As a result, every other sector combined now accounts for just 80.3% of the index,

11 49 183 30K 31

0 1 1 319 0

View Details

Intermarket Flow @intermarketflow

2 weeks ago

The curve is already pricing a slowdown in the front end. Today. Bear flattening + sticky inflation = the road to stagflation. If we're not there already.

Hedgeye @Hedgeye

2 weeks ago

U.S. entry-level job market hits worst level in 37 years, per Fortune

22 66 404 60K 38

0 1 1 269 0

View Details

Intermarket Flow @intermarketflow

2 weeks ago

0 1 1 217 1

View Details

Intermarket Flow @intermarketflow

2 weeks ago

Of every index, Nasdaq is showing the most weakness. Returns falling. Volume and volatility rising on the monthly timeframe. That has a name. It's called distribution.

Global Markets Investor @GlobalMktObserv

2 weeks ago

🔴US tech trade has NEVER been this crowded: Tech-focused ETFs now account for ~50% of total US equity fund assets under management. This figure has DOUBLED since the 2022 bear market low. This comes as tech ETFs have attracted ~$15 billion in net inflows over the last 12

7 13 75 12K 11

0 0 1 277 0

View Details

Intermarket Flow @intermarketflow

2 weeks ago

Same pattern showing up elsewhere. Russell 2000 and Junk Credit. One can't rally without confirmation from the other — not in a rising-rate environment. It doesn't hold up even if rates weren't rising.

kristen shaughnessy @kshaughnessy2

2 weeks ago

It’s not if it will break. It is when will it break

14 42 305 8K 6

0 0 1 357 0

View Details

Intermarket Flow @intermarketflow

2 weeks ago

In a market with no clear direction and no volatility, the only obvious signal this week was volume contraction. But once you start digging, contradictions begin to appear — and they cannot remain unresolved for long. Just one of them. Find out more here intermarketflow.com/intermarket-we…

0 1 0 199 0

View Details

Intermarket Flow @intermarketflow

2 weeks ago

A correction looks imminent. The invalidation is simple: a new high confirmed by volume. Without volume at these levels, this is just a market grinding higher — not real accumulation.

SmartReversals📈 @SmartReversals

2 weeks ago

$SPX: The high volume across the Magnificent Seven on Friday opened the door for today's bounce. To invalidate the recent pattern of early-week rallies that fade by Tuesday or Wednesday, price action must hold the current zone, otherwise the bearish diagonal will be revalidated.

5 29 105 8K 36

0 1 0 237 0

View Details

Intermarket Flow @intermarketflow

2 weeks ago

Weekly variation in returns and volume tells the story. Risk-off assets generated positive returns, but without volume. Risk-on assets generated negative returns, also without volume. The only place where return and volume converged was High Grade Bonds. That matters.

Global Markets Investor @GlobalMktObserv

2 weeks ago

⚠️The cost of leverage in the US stock market is EXPLODING: The 3-month S&P 500 financing cost has risen to ~108 basis points, a record since late 2020, excluding temporary year-end funding squeezes. This measures how expensive it is for investors to borrow money to hold

16 40 116 13K 21

0 1 0 232 1

View Details

Intermarket Flow @intermarketflow

2 weeks ago

@traderhc A correction looks imminent. The invalidation is simple: a new high confirmed by volume. Without volume at these levels, this is just a market grinding higher — not real accumulation.

0 0 1 235 0

View Details

Intermarket Flow @intermarketflow

4 weeks ago

Capital flows. Starting point 12 weeks ago, moving to 4 weeks, and finally the week that ended yesterday. Volume and volatility showed up, now they've compressed again — but risk assets suffered far more than safe-haven assets. More on this here intermarketflow.com/intermarket-ri… End.

0 0 0 55 0

View Details

Intermarket Flow @intermarketflow

4 weeks ago

Discretionary — a sector sensitive to the macro cycle. This one isn't showing great prospects either. 4/

1 0 0 66 0

View Details

Intermarket Flow @intermarketflow

4 weeks ago

Sharing several charts covering the same analysis period. March to date. The signals you can infer differ depending on which sector of the economy you're looking at. Today, what matters isn't just price — it's the flows behind that price. 1/