Bitcoin’s Bullish 2H vs. Bearish Daily: Protecting Profits at $80,500; Dollar and Crude Update
Bitcoin posted a solid day, but it’s hard to imagine otherwise with risk sentiment dialed up to 11. The swing-trade...
Afternoon Update
Today’s market action felt less about fundamentals and more about headline-driven momentum. Other than President Trump’s own comments, nearly every...
Market Update: Another Day of Headline-Driven Chaos; Separating Signal from Suspect Moves
I really dislike days like this; not the sharp moves in the market, but trying to separate the wheat from...
Another Axios “Pump” on Hormuz Before the Fine Print Drops
It’s hard to ignore that this morning’s set-up to pump the market came by way of Barak Ravid, of Axios, the...
A.M. Update
Busy op-ex morning so far. S&P futures jumped, up +0.95% and crude is down around $10. Iran’s Aragchi says “Strait of...
Equities vs. Reality: Systematic Buying Moderates as Credit, Oil, and Bonds Flash Caution
While keeping in mind that “A day is not a trend”, it is notable that equity momentum slowed markedly today....
3C Update
There’s some more stuff happening on the charts. QQQ (1M) – This is where it started. The chart may look...
Market Update
Mega-caps performance is mixed with notable early weakness is one of the standout features thus far. Oil trades noticeably higher...
A.M. Update
S&P futures are up +0.15% and wTI crude oil futures are up +0.95% ($92.16). Bloomberg reports that Pakistan is pushing for...
Equities Looks Past the War; But Commodities, Bonds, and History Don’t: An Interesting Parallel Emerges
Stocks pushed higher alongside Oil, with VVIX and Nasdaq volatility both rising (while the VIX has behaved better since expiration)....
Afternoon Update
The S&P 500 notches new all-time high as Oil prices remain stable. Lots of chatter that the U.S. and Iran...
Market Update -Might Be Another Index Level 3C Change In Character Developing
The NAHB Housing Market Index contracted to 34 in April (consensus 38) from a prior reading of 38. A senior...
Equities Dive Headfirst Into Speculation While Oil, Yields, and Commodities Stay Cautious
Stocks ripped higher as the Dollar, Oil and Yields decline. That’s a reflection of geopolitical optimism, as if the war...
Intraday Update
Optimism remains high that the U.S. and Iran could soon agree on a more lasting ceasefire, with President Trump telling...
Market Update
A decline in oil near $93 supports a risk-on tone as the general perception is that the war is all,...
A.M. Update
S&P Futures are up just shy of 0.25%, while VIX futures are down -4%. Bloomberg reported that the U.S. and Iran...
Geopolitical Whiplash: Failed Iran Talks Spike Oil Above $105, But Headlines Trigger Swift Monday Reversal
Failed peace talks pushed WTI crude above $105 Sunday night and pressured index futures lower, but the move reversed again...
Afternoon Update
Surprising day in many ways, mostly the outperformers within the tech and financial sectors. CTAs and other systematics are still...
Market Update- Flood Of Positive-Sounding Middle East Headlines
The day has been fluid, starting with index futures lower, but a steady stream of optimistic Middle East headlines has...
A.M. Update
S&P futures are down -0.45% this morning after the U.S. and Iran failed to reach an agreement this weekend. President...