CPI comes in hotter than consensus. IWM slaughtered / QQQ under pressure / SPY closes negative. Yields & Dollar ripping. Oil ripping / Natural Gas selloff. Are we entering a new reflation trend?
The weekly real yield is in uptrend, which should act as support for the USDOLLAR and as a headwind for the risk markets. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high...
MSFT saw a nasty reversal today. Closing down more than the Nasdaq. All indices close negative = broad market selloff. Powell comes out hawkish & sends market lower. All eyes on Apple tomorrow!
Watching the Yield Curve inversion closely...10's - 2's is narrowing. Weekly Reversal in the Semiconductors. Oil massive breakout! Dollar next? Tesla losing Mag 7 status...its now only 10th largest company.
The S&P500 broke out this week to new all time highs. Finally playing catchup the nasdaq indices. Semi-conductors continue to be the bright spot in the market. 10 year yield confims breakout. many S&P sectors closed negative on the week despite the marekt making ATH's
QQQ / SPY New Closing Daily High Semiconductors Mixed * Transports weak DXY & Yields Continuing Lower
Are we seeing a divergence in the market? Interest rates & yields have cooled off significantly in recent trading sessions thus providing the perfect tailwinds for tch to continue higher. Todays price action saw Tech make a new nominal high as yields were falling but ended up reversing lower. The fact that tech appears to be selling off under falling yields...
Markets have had an extraordinary move to the upside with 8 days of consecutive gains and 9 days in the QQQ. Semiconductors often lead the market and have now hit major resistance. Microsoft has almost completed its bullish move.
The SPY, QQQ , IWM all hitting resistance. Gold looking a bit vulnerable for a small pullback. Bitcoin looking extended & first negatives divergence.
The market almost closed positives today in the back of tech stocks rallying. A massive gap down was bought up off the lows today. Banks continuing's to sell off despite yields and the dollar cooling off today.
The FOMC is set to have their 2 day meeting. Market consensus is for a pause in rate hikes. Will the Fed shock the market like the ECB just did with their rate hike? The treasury yields market is still in a very strong uptrend & inflation expectations over the last 2 CPI prints have come in hotter due to energy. the markets are in a ver y precarious spot...
Gold closed bid and as an inside day. Stops hunts could be the theme ahead of the Jackson Hole event on Friday.
The dollar index's quarterly chart is the most important as we heading into the second half of 2022. Contrary to the popular belief, the quarterly chart suggests the DXY may bounce strongly in the coming six months, putting downward pressure on zero-yielding assets like gold. Also watch out for a potential breakout in the U.S. 10-year Treasury yield and the...
Looking at climatic reversals in EUR/USD and USD/JPY, if US 2 years roll down then markets caught long USD here into a debt deal
In this update we review the recent price action in #TLT and identify the next high probability trading opportunity and price objectives to target
Yet another example of a market mean reverting to its long term 200-day ma at 3.13 and attempting to stabilise. We have seen SVB collapse and UBS take over Credit Suisse and during this market turmoil, as at other times, we are likely to see markets mean revert to their long term moving averages - particular attention should be paid to the 200 and 55 week moving...
In this update we review the recent price action in the TLT etf and identify the next high probability trading opportunity and price objectives to target
Lumber has been decimated over the last 3 weeks. With housing data coming out tomorrow along with PCE. Is this weak lumber chart signaling a continuation of yield strength moving up? Does the market interpret the housing data as negative? One thing is for sure interest rates should make a move tomorrow off of the data sets.