S&P 500 Slides – Absorbing Interest Rate Shock
S&P 500 and all its sectors slid yesterday without as much as a brief visit to 4,420s at the open … Read more
S&P 500 and all its sectors slid yesterday without as much as a brief visit to 4,420s at the open … Read more
S&P 500 did slide all the way till 4,465, and it was the hesitation in the 4,470s that made me … Read more
S&P 500 made a dead cat bounce mixed with an intraday short squeeze, and given likely rise in yields (10y … Read more
CPI came in hot, yet both yields and S&P 500 didn‘t maintain their downswings. The odds of Fed rate hikes … Read more
S&P 500 made another lower high yesterday (good for a fine entry), and the sectoral composition with rising utilities isn‘t … Read more
S&P 500 did that anticipated modest upswing yesterday, and in spite of wavering cyclicals followed by tech selling, the buyers … Read more
S&P 500 was slated to swing higher, but couldn‘t reach even 4,480s only as rotations into cyclicals didn‘t kick in … Read more
S&P 500 continued succumbing to rising yields, breaking with ease the 4,492 support, and then rebounding off the mid 4,460s … Read more
Entry to Sep lived up to the bearish expectation, and the short positioning in stocks proved so far correct (and … Read more
Core PCE left stocks very complacent, and the breakout above 4,529 – 4,535 zone was rejected. That was the task … Read more
Today‘s core PCE is likely to dial back the unjustified easing Fed expectations, bringing 10y yield back to 4.25% roughly. … Read more
Yesterday‘s JOLTS stunner not only didn‘t paint the picture of economic acceleration (my humble prediction), but showed strong job market … Read more
With 10y yield retreating back to 4.20%, stocks had an easier time retracing Friday‘s hit, and then some. No technically … Read more
Powell was firm in his “job not done” inflation fight, but stocks duly declined only in the beginning. Rising to … Read more
Stocks duly reversed the NVIDIA Corp (NASDAQ:NVDA) earnings and guidance euphoria, breaking even 4,425 with ease. Even the old 4,385 … Read more