Tail Risks Emerging
S&P 500 continued higher Friday as consumer confidence data didn‘t disappoint – adding to soft landing hopes. Soft landing would though only happen should the unemployment claims don‘t rise too…
S&P 500 continued higher Friday as consumer confidence data didn‘t disappoint – adding to soft landing hopes. Soft landing would though only happen should the unemployment claims don‘t rise too…
S&P 500 jubilation continued yesterday, and markets didn‘t really notice Fed‘s Williams throwing cold water on giving up the fight against inflation prematurely. The excessive moves in USD retreat well…
S&P 500 didn‘t look back at Monday‘s lows, bonds were pushing higher while the dollar retreated to my 111.50 support before stabilizing. Also junk bonds had trouble extending gains in…
S&P 500 reversed to the downside on high volume, and the open short position became profitable from the get-go. No matter the premarket jubilation driven by retreat in bond yields,…
S&P 500 yet again kept declining through the day, and Treasuries offered a bleak sight till shortly before the close when long-dated ones turned finally higher – and both tech…
S&P 500 duly reversed as I called for it intraday to do. Not that the message from bonds or the dollar would be more optimistic really – for the bulls…
S&P 500 cratered, bonds confirmed, and market breadth took a dive. The advance-decline line is not really in a good shape, and the respite that‘s possibly shaping up for today…
S&P 500 bears missed yesterday‘s opportunity to force a decisive close lower – several key sectors led the intraday recovery even though bonds weren‘t on board. The Fed minutes‘ initial…
S&P 500 more than erased Thursday‘s decline – buy the dip mentality won, and the advance was that broad-based that it makes sense that I examine the theoretical possibility of…
S&P 500 bearish overtures were refused, bonds remained optically risk-on and strong, but the true picture reflects a daily stall. Refusal to drive prices higher in the absence of convincing,…
S&P 500 did a brief intraday downswing yesterday – very fast erased. Bonds strong, market breadth further improving, FOMO almost kicking in – and then AAPL and AMZN earnings interpretation…
S&P 500 slowly rising into the FOMC served to confirm the upcoming bullish interpretation of Fed moves. On one hand, the 75bp rate hike is over, on the other hand…
S&P 500 declined, but the short-term bullish case is far from lost. There is a stark contrast to yesterday‘s tech earnings as opposed to Walmart or Snapchat lately – shifting…
S&P 500 ended a losing streak thanks to the still fine retail sales data, and even consumer confidence edged up. In the flattening yield curve characterizing the move to a…