It's going to be a big week for banks as earnings season gets into full swing this week. As financials look to establish themselves in a rising rate market, it's energy stocks that led the market down today. As the term structure of oil futures flattens, is this the beginning of the end of the
Headwinds continue to accumulate: --Holding on the edge of Expected Move --Dollar breaks out --Bonds are breaking apart (data dependent) --Forget yield curve inversion, rates are soaring! --Lack of correlation --Playing the sector rotation game Position Updates: --Selling premium --Long Dollar --XLU
We continue to see the market caught in the "middle of the middle" of a wide volatile trading range as framed from the daily chart. In today's video, we set the stage for next week's beginning of key financial companies reporting earnings and pinpoint some surprising stocks both outperforming the ma
The FOMC provides guidance on how they are going to reduce the balance sheet. The market digested the hawkish news well. However, we are sitting right on the edge of the weekly expected move in the SPX. The next 2 days are crucial to see if that level holds. What happens next can determine the
Wednesday will give us the "Fed Minutes" or deeper insights from the Federal Reserve on the state of the economy and the impact of inflation along with any more aggressive shift toward future rate hikes. In today's sessions, Treasury Yields spikes as bonds made fresh new 2022 lows in a continued dow
Elon Musk announced a 9.2% stake in TWTR totaling $2.89B. The news sent TWTR surging over 27% during the session. While the S P 500 finished 0.88% higher on the session, it was the most-shorted names that regained their posture after fizzling on Friday (FCEL, NNOX, PLUG, GPS, FSR, ATER, COOP).
All eyes on bond markets-- --inversion of the yield curve --rate hikes and probabilities --will the FED have time to tighten? Positions-- --Commodities and Dollar --Home Builders --Financials --Utilities SPX Expected Move --last week-- 88.65 (expected move) --next week-- 74.83 (expected move)
Stocks did sell-off sharply from the upper weekly expected moves in equity futures and some key stocks. In tonight's video, we pinpoint downside targets (one of which was achieved today) and future plays for a deeper pullback in price. We also set the stage for what to watch in Friday morning's mont
With the yield curve inverting, is this a sign that bears are going to come back into the market? Here's a dive into the yield curve, why you should be paying attention to it, and what it means for the tech and financial sector.
