We look at the S&P 500 as it continues its slide after last week finished pressuring asset prices, fear levels rose and confusion reigns. Both market participants and Central Bankers are acting belligerent in where they think prices should be. Bottom line is we getting robust signals from the economy about a year-and-a-half into upward pressure on market-based borrowing costs, why? Enjoy live commentary from Our Trading Room at YouTube – feel free to like and share Live on YouTube … Continue reading “S&P Futures Sell off on Rates and Geopolitics – where to now?”
Markets Reverse Sharply on Feds Powell Statements, What Does it all Mean?
Thirty minutes in financial markets is a long time. Markets were relieved after the Federal Reserve again raised rates by 75 bp at their November meeting. Then Chairman Powell started talking and it all collapsed. The Nasdaq went from +25.45 at 10856.15 to negative to close -366.05 points at -3.36% at 10464.65. The 10-yr note yield fell to 3.98% but jumped to 4.11% after the close of the cash session. Traders had reacted initially to the tone of possible rate hikes slowing … Continue reading “Markets Reverse Sharply on Feds Powell Statements, What Does it all Mean?”
Stocks Crash Revives Memories of 2008, What Next For S&P Futures
Stocks and the S&P 500 Index crashed on Friday in the index’s sixth-worst one-day point drop ever, however given we are coming from 2880 plus in percentage terms it was ‘just’ around 2.50% . To put that in perspective, its a minor bump from a 30% rise. Perhaps. Its all a matter of entry and leverage.
High Flying Nasdaq Crashes, Why and What Next?
Stocks and the Nasdaq 100 Index crashed on Friday, the fall would have been worse if highflyer Amazon $AMZN wasn’t up on the day after another blow out earnings report. Was this a minor bump from a 35% rise or internet bubble redux cicra 2018?
Beastly Dow Crash of 666 Points, Why and What Next?
The DowJones index crashed on Friday in the index’s sixth-worst one-day point drop ever, however given we are coming from 26,000 in percentage terms it was ‘just’ 2.54% . To put that in perspective, its a minor bump from a 30% rise. Perhaps.
A Road Map For Natural Gas Heading Into Winter
Natural gas futures have chopped around $3.00 Btu for months now as bullish weather demand never eventuated, hurricanes had little effect and production and exports appear to balance out. Where to now? We look at what is going technically and how that fits in fundamentally.