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The S&P500 jumped 4.0% this week, boosting the index’s two-week rally to 8.9%. The small caps rose 6.0% (two-week gain 9.8%), with the average stock (Value Line Arithmetic) up 5.4% (two-week gain 9.6%). Ten-year Treasury yields dropped 20 bps to 4.02%, while benchmark MBS yields sank 27 bps (5.74%). High-yield CDS fell 42 bps (two-week […]
[Yahoo/Bloomberg] US Stocks Slide as Yields, Big Tech Snap Rally: Markets Wrap [Yahoo/Bloomberg] Amazon Shares Plunge on Forecast for Sluggish Holiday Sales [Yahoo/Bloomberg] Yen Weakens as BOJ Sticks With Ultra-Low Rates Policy Path [Yahoo/Bloomberg] Oil Heads for Weekly Advance as Dollar Eases, US Exports Boom [Reuters] Tech giants feel pain as cloud spending cuts suggest […]
Is gold nearing a reversal point? Gold has reached its first key level, and the next move from here could indicate long-term trends for the metal in the months ahead. We recap the price movements of silver, the US Dollar index, the equities sector, and more. Thanks for listening if you enjoy be sure to […]
[Yahoo/Bloomberg] Stocks Hold Drop as ECB Hikes: Markets Wrap [Reuters] Tech rout widens as Meta sinks after results [Yahoo/Bloomberg] Oil Fluctuates as Record US Exports Buoy Global Demand Outlook [Yahoo/Bloomberg] ECB Doubles Rate to Most in Over a Decade Despite Recession Fear [CNBC] U.S. GDP accelerated at 2.6% pace in Q3, better than expected as […]
[Yahoo/Bloomberg] Tech Giants Weigh on US Stocks; Dollar Retreats: Markets Wrap [Reuters] Big Tech tumbles as results sound alarm bells [Yahoo/Bloomberg] US Dollar Drops to Three-Week Low as Traders Weigh a Fed Pivot [Yahoo/Bloomberg] China Stock Rally Fizzles as Covid Woes Return to Sour Sentiment [Reuters] BOJ ramps up bond buying ahead of policy meet, […]
The bear in 3 acts, we’re in act 1 Average bear market loses 38% in 318 days Would you “buy the dip” in Russia in 1917? Buy The Dip? Not So Fast October 26, 2022 “For the patient investor, we are talking about a values realignment and this notion that we’re only in the first […]
Among the political mandarins of the U.S., there is seldom any humility or apology in the aftermath of decisions that harm millions of Americans. The Fed, at least, has tacitly admitted its mistake in letting inflation run too hot for too long by going after it with a vengeance. But its raising of interest rates […]
[Yahoo/Bloomberg] US Equities Decline With Earnings in Focus: Markets Wrap [Yahoo/Bloomberg] China’s Yuan Plumbs Fresh Lows as PBOC Loosens Currency Grip [Yahoo/Bloomberg] China Stock Selloff Deepens on Investor Angst Over Xi Policies [Yahoo/Bloomberg] PBOC Adjusts Cross-Border Borrowing Rules to Allow More Inflows [Reuters] Japan keeps warning on market volatility, raises view on capex in report […]
