May 22, 2023
GLJ Research Macro Update: “Magical Elixir” Update – So Far, The “GLJ Research Elixir” Has Worked in Predicting Stock Market Moves… So What’s to Come?
By Gordon L. Johnson II
The Invesco QQQ Index and the Treasury General Account (“TGA”) Balance Have Tracked Each Other Quite Closely Since 11/1/22. As detailed in Ex. 1 below, Treasury Secretary Janet Yellen’s TGA account balance (i.e., the “piggy…
tsla$424.07-0.5698%
acb$3.9+1.2987%
tlry$1.17-2.5%
trn$38.51+0.8643%
cco$1.45-2.6846%
clf$10.09-1.7527%
eaf$1.76-3.2967%
rio$61.73+1.0311%
x$36.58+1.4983%
csiq$10.84-1.9005%
dq$18.19-4.6146%
fslr$183.51-4.8579%
jks$20.33-4.2844%
sedg$13.7-1.5097%
fmgA$19.14-1.1874%
nio$4.18-4.1284%
lcid$2.86-6.8404%
rivn$13.29-6.4743%
nue$125.07+0.4336%
stld$124.69-0.906%
