Spotify Podcast VersionGoogle Podcast Version Good morning, it’s Wednesday the 24th of April 2019 and here’s what I woke up to: ASX200 closed higher yesterday at 6,319 points (+0.95%) with the VIX at 11.5 ASX200 Futures point to another green day, sitting at 6,328 (+0.94%) The Dow Jones steadied to 26,511 (-0.18%) S&P500 hit a […]
Record Highs!! “F**k Yeah, ‘Murica” The S&P 500 finally broke above its previously closing record high today… Happily shrugging off the clump in macro- and micro- data… Driven a massive re-rating of tech stocks – dramatically more so than the broad market… All on the back of a central-bank-fueled frenzy… Convincing the world to ignore […]
Market view on TT: #ES_F, #NQ_F and #ZB_F rose. #VIX futures fell. #Gold, #silver, #copper, #natgas, #XRP, #euros, #cocoa and #OJ are lower. #Palladium, #bitcoin, #ethereum, #bitcoincash, #litecoin, #DX_F, #yen and #coffee are higher. pic.twitter.com/52J5ktX8bm — Trading Technologies (@Trading_Tech) April 23, 2019 https://platform.twitter.com/widgets.js from Twitter https://twitter.com/patrickrooney
The S&P 500 and Nasdaq Composite closed at record highs Tuesday, marking a resurgence for the stock market after a rout last year hampered its climb.
Dr Wish: $QQQ has GLB Monday, April 22, 2019 Indicators GMI: 5/6 GMI-2: 7/8 T2108: 56% Every day after the market closes I compute the GMI total (out of 6) and post the current Red or Green signal. The chart below shows how the QQQ has acted during the times of a Red or Green […]
Submitted by Nicholas Colas of DataTrek It isn’t just US equities that exhibit abnormally low expected future price volatility with a CBOE VIX Index reading of just 12.4 today. Implied Volatilities (what the VIX measures) for Emerging Market bonds/stocks, precious metals, and long dated Treasuries are all at or very near 1-year lows just now. […]
Economic Update 4-22-2019 Economic data for the week included stronger-than-expected retail sales, jobless claims and a tighter trade deficit, several regional manufacturing indexes showed mixed results, while housing starts again struggled. In a shortened week, U.S. equity markets were mixed, while foreign stocks gained slightly. Bonds were generally flat with little change in underlying interest […]
The FTSE 100 closed at almost seven months high as global markets continue their steady run. The British blue chip index ended at 7,523 at 63 points while the FTSE 250 was 72 at 19,908. On Wall Street, equities are higher at the time of writing and are heading for new highs, with the Dow […]
Since its peak into year-end, VIX has collapsed from over 36 to almost a 10 handle last Thursday as The Fed’s flip-flop re-energized the sell-vol-at-all-costs trade that has become the bread-and-butter of so many of newly-minted ‘gurus’ in this market. This is the biggest drop year-to-date and the biggest 17-week collapse in risk since records […]
Volatility in the US sharemarket has continued to drop in 2019, a sign that some investors are embracing riskier assets again.
SPX has spent 16 sessions at or above its 10-DMA, hardly a record but definitely getting long in the tooth. For those keeping track, this latest run began the day after VIX was hammered back below its SMA200 and CL popped above its SMA200. But, most of the excitement this morning is in currencies. DXY […]