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Market Talk - Friday, March 3
March 03, 2023
Amazon announced that it is halting construction in its second headquarters in Arlington, Virginia.
Via
Talk Markets
Dow Snaps 4-Week Losing Streak As Bond Yields Retreat
March 03, 2023
The S&P 500 snapped a three-week losing streak, while the Nasdaq scored its best week in a month
Via
Talk Markets
AskSlim Market Week - Friday, March 3
March 03, 2023
Technical and cycle analysis, and market commentary.
Via
Talk Markets
Big US Stocks’ Q4’22 Fundamentals
March 03, 2023
The big US stocks dominating investors’ portfolios have reached a key technical juncture. They’ll soon either bounce off major support to extend their bear-market rally or continue breaking down...
Via
Talk Markets
Sale On Volatility, Aisle 2
March 03, 2023
It's amazing how quickly market mentality can shift. The latest evidence is in the recent quick drop in the Cboe Volatility Index (VIX).
Via
Talk Markets
S&P 500 Earnings Dashboard 22Q4 - Friday, March 3
March 03, 2023
The 22Q4 Y/Y blended earnings growth estimate is -3.2%. If the energy sector is excluded, the growth rate for the index is -7.4%.
Via
Talk Markets
Bulls Battle Back Right On Cue
March 03, 2023
The battle is far from over. We need to see more from the bulls.
Via
Talk Markets
Major Stock Indices Elliott Wave Trading Strategies
March 02, 2023
If Friday closes firm then Monday is likely to follow higher also.
Via
Talk Markets
Sentiment Back To Bearish
March 02, 2023
The latest data from the American Association of Individual Investors (AAII) showed 23.4% of respondents reported as bullish, up modestly from 21.6% last week but still down significantly from 34.1%...
Via
Talk Markets
Major Benchmarks Higher, Headed For Weekly Wins
March 03, 2023
Stocks are higher as the end of the week approaches, with the Dow Jones Industrial Average up 159 points, as all three major indexes head for weekly wins.
Via
Talk Markets
The Week Ahead – Let It Sink In
March 03, 2023
The Japanese yen weakens as the upcoming BoJ team pledges to continue monetary easing.
Via
Talk Markets
That Bostic Move
March 03, 2023
S&P 500 duly took the bearish unemployment claims message (boom territory around 200K translated into more tightening pressure) and traded well below the key 3,955 level – until Raphael Bostic (no FOMC...
Via
Talk Markets
Gen Zers Are Overly Optimistic About Being Wealthy
March 03, 2023
Generation Z, born between 1992 and 2002, was between 5 and 16 years old during the financial crisis. Such is important because they have never truly experienced a “bear market.”
Via
Talk Markets
Inflation In The Eurozone Is Rising Again
March 03, 2023
The latest Eurozone inflation data showed that inflationary pressures remain elevated. The annualized consumer price index fell from 8.6% to 8.5%.
Via
Talk Markets
Daily Market Outlook - Friday, March 3
March 03, 2023
US investors will be eyeing the February ISM services survey release later today.
Via
Talk Markets
Yields Over 4%, Stocks Yawn
March 02, 2023
Today is a fairly momentous day in the world of fixed income. As of this morning, the entire US Treasury yield curve is above 4%.
Via
Talk Markets
Once Again Fine
March 02, 2023
Crude oil continues doing fine as regards the sequence of strong supports – $71-73, then $76, and finally, it’s the tough $78-80 resistance which needs an $82.50 clearance to the upside.
Via
Talk Markets
S&P 500 Breaks Below Crucial Support Lines
March 02, 2023
The futures contracts for the S&P 500 are extending February’s declines into this month.
Via
Talk Markets
Misaligned Macro Drivers
March 02, 2023
As long as activity data remain too strong, fanning the inflation fires, the real vulnerability for risk assets is a definitive hawkish policy shift.
Via
Talk Markets
Market Talk - Thursday, March 2
March 02, 2023
The Royal Bank of Canada (RBC) is warning that a “moderate” recession is underway.
Via
Talk Markets
Wall Street Brushes Off Surging Bond Yields
March 02, 2023
Higher interest rates failed to drag down investor sentiment, and the Dow added more than 340 points for its best session in nearly a month.
Via
Talk Markets
Tesla Gaps Lower After Presentation...What's The Master Plan For TSLA & Market?
March 02, 2023
Rising rates have pressured bonds and stocks as volatility continues to fall.
Via
Talk Markets
The Rally In Gold – Did It Just End? Stocks Seem To Say So…
March 02, 2023
Since stocks and the precious metals market declined together and then rallied together, it seems that they can slide together in the following weeks as well.
Via
Talk Markets
Rate Hike Fever
March 01, 2023
S&P 500 obstinate trend in the face of limited disinflation progress could persist longer.
Via
Talk Markets
SPX, Nasdaq Eye 3-Straight Losses
March 02, 2023
Following a retreat in jobless claims, interest rates are at the forefront of investors' minds this afternoon.
Via
Talk Markets
The ECB Began To Cut Its Balance Sheet
March 02, 2023
Since yesterday, the ECB has started to reduce its balance sheet by an average of 15 billion euros a month.
Via
Talk Markets
Market Briefing For Thursday, Mar. 2
March 02, 2023
Blunt instruments, like Fed rate hikes, aren't impacting inflation or markets in ways many bears and economists anticipate; though it definitely is calming.
Via
Talk Markets
Daily Market Outlook - Thursday, March 2
March 02, 2023
Eurozone headline CPI is expected to fall to 8.4% from 8.6% in January, a smaller decline than previously forecast.
Via
Talk Markets
Sellers Are Preventing A Support Bounce In Lead Indices
March 01, 2023
Today's candlesticks across indices definitely leaned more on the bearish side.
Via
Talk Markets
Market Talk - Wednesday, March 1
March 01, 2023
Eli Lily & Co. has committed to capping the price of insulin at $35 per month.
Via
Talk Markets
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