Bonds Over Earnings?
In tonight's video we look at upcoming earnings reports that may indicate growth and contrast that with falling bonds. We discuss higher yields as an indication of the end of growth and possible market contraction and correlate the yields to lower employment data.
Critical Confluence of Market Volatility is Upon Us
Fitch downgrades US debt sending markets down to the lower edge of the weekly expected move. If you think the downside is over for the week look at the major announcements still ahead for the week. AAPL and AMZN earnings could easily send the tech sector lower whether the earnings are good or bad. The…
The Good, The Flat, and the Volatile: Sorting Through the Sideways Market
Last week had the potential to be a major market mover with all the earnings and Fed and inflation data each day, but the week ended only slight higher. While we have fewer big earnings reporting this week, we do have two of the biggest and we also have the big Monthly Jobs Report on…
Is MSFT the Canary in the Market? Just Say 'AI'
With Apple Inc (NASDAQ: AAPL) and Amazon.com Inc (NASDAQ: AMZN) set to announce earnings this week, is there any indication the market is overheating? Looking at Microsoft Corp (NASDAQ: MSFT) earnings revisions, it appears to be so. Following their earnings report last week, MSFT has seen 10% negative EPS revisions for current and next year's…
Big, Bad, and Bullish?
-Fed hikes and markets rally -This is NOT a retail rally -Two-sided trade ? -Low volume / limited liquidity - XLE & XLF -NASDAQ rebalance had no material impact -Correlation makes a brief appearance -Earnings on deck AAPL, AMZN -Will bonds/rates threaten the rally? SPX Expected Move-- - last week - 61.59 (expected move 5…
Is GDP Driven by GPT?
In today's video we break down Advance GDP and and what is driving growth. We compare the speculative growth in AI and NVDA versus Durable Goods and Durable Goods stocks.
A Market of BarbieSwift & Summer Drift
The Fed raises 25bp as expected and Jerome Powell says absolutely nothing at the press conference. In fact one of the reporters illustrated how strong the economy is by the Barbie movie sales and Taylor Swift concerts. You can't make this stuff up. As for trading the rest of the week recognize we have not…
Earnings Extravaganza! Your Price Guide to Earnings and the Fed in a non-stop Trading Week
We're not even halfway through one of the most active earnings and economic news weeks in 2023. Today's session saw more upward drift in equities especially key tech names as we have Microsoft (MSFT), Google (GOOGL) and others reporting today, Meta (META) and others Wednesday, and Amazon (AMZN) with Intel (INTC) Thursday. Beyond key earnings,…
Tech Stall has Market Banking on Energy and Financials
Technology has been tailing the past few weeks as its performance has found itself near the bottom of the list of 11 sectors. After such an explosive start to the year, it's getting quiet and unexpected sectors like Financials and Energy are taking off ahead of a data-heavy week. Is this the beginning of the…
Is NASDAQ Volatility a Wake Up Call?
--volatility suppression on a down day --a wild A/D line illuminates serious risks --bail before big earnings ? --FED 25bps, Powell quiet, yield inverted most since 81 --eventually we fade the AI/GPT trade SPX Expected Move-- --last week-- 56.05 (expected move 5 day week) --next week-- 61.36 (expected move 5 day week)