MARKETS All Indexes opened down on Wall Street on Monday, adding to further losses as the Federal Reserve stays focused on raising interest rates. The Fed’s last two hikes have been by 0.75 points, and Wall Street is expecting a third .75 point increase in September. Index performance this morning The S&P 500 down … Read more
MARKETS The Federal Reserve meeting in Jackson Hole is statistically a no contest as most government reports indicate little to no financial surprises and market makers are betting on continued hawkish positions. Reiterating that Funds invested in this Weeks market rally Funds placed large shorts across futures for key overnight rates that moves … Read more
MARKETS With the Federal Reserve chair’s speech at the Fed’s conference in Wyoming on Friday Hedge funds are betting that the Federal Reserve will continue to discuss aggressive hikes. Market makers are looking for continued tough Fed stance on inflation. Reiterating that Funds are investing in weekly market rally… Funds have placed a large shorts across … Read more
MARKETS Hedge funds are betting that the Federal Reserve will continue to discuss aggressive hikes at Jackson Hole discussion this Friday. Market makers are looking for continued tough Fed stance on inflation. Funds are investing in weekly market rally… Funds have placed large shorts across futures for a key overnight rate that moves in … Read more
MARKETS S&P 500 headed for worst day in nearly 2 months as the Market is looking for a change in direction on Federal Reserve hawkish rate hikes NYSE decliners leading advancers 5-1 in market sell-off as U.S. stocks down Monday as fears of aggressive interest rate hikes returned to Wall Street. Our data shows 2,450 … Read more
MARKETS The Federal Reserve will no longer need to raise interest rates as aggressively as most government reports indicate little to no financial surprises. Indexes continue to recover supported by “on forecast” pricing, jobs and housing statistics The S&P 500 was up 9% last month while Nasdaq has climbed more than 20% from its lows … Read more
MARKETS The yield on the benchmark 10-year Treasury note rose just over 8 basis points to 2.904%, while the yield on the 30-year Treasury bond traded up 5 basis points to 3.158%. The yield on the shorter-term 2-year Treasury note was last up more than 10 basis points at 3.352%. The U.S. dollar also gained … Read more
MARKETS Investors take advantage of recent gains while the markets awaits minutes from the Federal Reserve’s July meeting Release today of the minutes from their July 26-27 policy meeting will give direction of size of future rate hikes Federal Reserve officials will keep raising interest rates until high inflation is under control. Mixed retail … Read more
MARKETS China unexpectedly cuts key rates as economic data and renews global recession fears. China’s July refinery output lowest since March 2020. Expect Monday market recovery and focus on Week ahead job reports Ignore most of stories as index should recover later today and focus on upcoming US domestic Government job reports.
MARKETS Markets are trading lower early today as Investors await the latest CPI inflation data to be released on Wednesday August 10th which guide upcoming US Federal Reserve’s rate hikes. In addition the NASDAQ got blindsided by Micron Technology weak forward forecast. Expect no real surprises this Weeks as consumer price index reports priced-in Core … Read more