Weak S&P 500 Buyers, Very Weak
S&P 500 offered only a modest opening rebound, and continued one way south though my daily 4,340 “point of control”, … Read more
Another Intraday S&P 500 Squeeze?
S&P 500 couldn‘t break 4,345 yetsterday, let alone make good progress on 4,315, and as low 4,350s were holding up … Read more
Selling Into Daily S&P 500 Strength
S&P 500 staged a dead cat bounce following Thuursday‘s slide, and so did yields retreating a bit. Coupled with Japan … Read more
S&P 500 Slides – Absorbing Interest Rate Shock
S&P 500 and all its sectors slid yesterday without as much as a brief visit to 4,420s at the open … Read more
S&P 500’s Rebound – Reasonably Dovish FOMC
S&P 500 did slide all the way till 4,465, and it was the hesitation in the 4,470s that made me … Read more
S&P 500 Dead Cat Bounce – Smelling FOMC Outcome
S&P 500 made a dead cat bounce mixed with an intraday short squeeze, and given likely rise in yields (10y … Read more
PPI To Set the Slide
CPI came in hot, yet both yields and S&P 500 didn‘t maintain their downswings. The odds of Fed rate hikes … Read more
Readying S&P 500 Slide
S&P 500 made another lower high yesterday (good for a fine entry), and the sectoral composition with rising utilities isn‘t … Read more
S&P 500 Positioning For CPI
S&P 500 did that anticipated modest upswing yesterday, and in spite of wavering cyclicals followed by tech selling, the buyers … Read more
S&P 500 Downswing, Following Monday
S&P 500 was slated to swing higher, but couldn‘t reach even 4,480s only as rotations into cyclicals didn‘t kick in … Read more
S&P 500 – Bad Is Not The New Good
S&P 500 continued succumbing to rising yields, breaking with ease the 4,492 support, and then rebounding off the mid 4,460s … Read more
S&P 500 Upswing Soon
Entry to Sep lived up to the bearish expectation, and the short positioning in stocks proved so far correct (and … Read more
S&P 500 – No Easy Fed Ahead
Core PCE left stocks very complacent, and the breakout above 4,529 – 4,535 zone was rejected. That was the task … Read more
S&P 500 – Inflation Ambush
Today‘s core PCE is likely to dial back the unjustified easing Fed expectations, bringing 10y yield back to 4.25% roughly. … Read more
Uneasy S&P 500 Run on Easing
Yesterday‘s JOLTS stunner not only didn‘t paint the picture of economic acceleration (my humble prediction), but showed strong job market … Read more