Early Fireworks for the Nasdaq?
Over the weekend we told you to watch the Nasdaq and specifically FB. Today's trading was the pay off. Going into the 4th of July be wary of the media calling stocks at all time highs. They will quote the Dow which is only 30 stocks. With everything up today the stocks that led this…
The VIX Is Near An All-Time Low
C&I lending is one of the most important indicators used to determine the health of the economy. I was questioning the importance I give this metric because it predicted a recession, yet nothing happened. With the report which was released Friday, the C&I lending had a sharp move higher, passing the previous peak in November. This…
As Risk Rises These are the Opportunities...
The Nasdaq ended a volatile week at the low of its recent range. In this crucial weekend video update we look at the risk correlations in the market which are on the rise. Watch this video to find out the opportunities for next week...
Quarter Ends With A Whimper For Long Bonds & Nasdaq
With the end of the first half of the year in the books, we’re seeing an interesting divergence between the recent trading and the total results for the past 6 months. The Nasdaq had its best first half since 2009 as it was up 14.1%. At the same time, it also had a rough June…
Q1 GDP Wasn’t So Bad: 1.4% Annualized Growth
On Thursday, instead of rallying, the S&P 500 fell 0.86% and the Nasdaq fell 1.44%. The S&P financials sector was up 0.65% and the technology sector was down 1.83%. The selloff was blamed on investors rebalancing their portfolios since it is the penultimate day of the quarter. In a normal market, this wouldn’t even be…
Distribution Tape, & levels to Watch
Stocks saw a broad sell off today led by the 5 stocks that have been keeping the market higher. In recent weeks we have talked about watching the increased volatility inside of the Nasdaq. Today we saw another big move lower. Watch tonight's video to understand the change in the tape or price action. Understanding…
Stocks Are About As Expensive As In 2000
Banks To Rally As The Fed Accepts Capital Return Plans The big news on Wednesday afternoon was that the Federal Reserve didn’t have a problem with any of the 34 banks’ capital return plans. You can look at this as a positive or a negative. It’s clearly a positive for the near term because it…
Draghi Is Now Dovish? He Changes Quickly!
It's turning out to be tough to analyze what ECB President Mario Draghi means in his statements. It was widely reported by media outlets and interpreted by the markets that the ECB would taper bond buying after Draghi made upbeat statements about the economy. However, Draghi clarified his statements on Wednesday, saying the ECB isn’t…
Ripping Rally or Shorts Reloading?
Stocks scream higher across the board today. Is this the start of a rally to new all time highs or an opportunity for shorts? In tonight's video we look at our TetraPod Spreads strategy we have been using in this market. This week our TetraPod was closed at a 40% winner. Plus what to expect…
ECB Shadow Rate Near -6%
The chart below adds more depth to the traditional understanding of interest rates. This chart looks more confusing than it is because the grey line represents the Bundesbank policy before the ECB was created. The dotted line is the Fed’s shadow rate including QE and the green line is the shadow rate of the ECB…