Stocks & Bonds

Fed Gibberish… And The Federal Reserve’s Dilemma

#FedGibberish Recently on my Twitter feed, @michaellebowitz, I introduced the hashtag #fedgibberish. The purpose was to tag Federal Reserve members’ comments that highlight desperate efforts to rationalize their inane monetary policy in the post-financial crisis era. This past week there were two quotes by Fed members and one by the…

S&P 500 Futures Trading Update: Time For A Breather?

Stock Market Considerations for September 13, 2017  The S&P 500 (INDEXSP:.INX) is mixed in early trading action. After a multi-day rally, traders will want to be focused resistance levels and how price reacts around those levels. Below are key futures trading levels for the S&P 500, Nasdaq, and crude oil….

What’s Next For Interest Rate Sensitive Sectors?

Anchoring bias and regret aversion bias are two behavioural investment biases that can impact how an investor views existing holdings or positions. These can lead to preconceived notions or views on a company enduring, even when the available information has changed. Or the desire to not feel regret by crystalizing…

U.S. Equities Update: Bulls Need To See Follow Through

How things can change with a new week. After struggling last week and posting losses, the major US stock market averages are off to the races this week. The S&P 500 Index (INDEXSP:.INX) closed up over 1 percent on Monday. Of interest are the 10 Year Treasury Note Yield (INDEXCBOE:TNX)…

S&P 500 Futures Trading Update For September 12

Stock market futures trading considerations for September 12, 2017  The S&P 500 (INDEXSP:.INX) is pointing higher once more on Tuesday. Traders will want to follow the support/resistance levels (and retest levels!) listed below for the S&P 500, Nasdaq, and crude oil. Check out today’s economic calendar with a full rundown of releases. And…

The U.S. Dollar Trade: A Macro To Micro Analysis

Note that this post went out to my “Gone Fishing” newsletter subscribers this past weekend. After hitting a 14-year high at the end of 2016, the US Dollar (CURRENCY:USD) has lost 11% in 2017. Whether a reaction to Trump talking it down post inauguration, US real disinflation, Euro melt-up (which…

Stock Market Trends Weekly Update: Still Bullish

THE BIG PICTURE The broader stock market remains in an uptrend. Although geopolitical risks continue to linger, the best thing to do is follow the price action and avoid anticipation due to “noise”.  If/When we enter a market correction, your process should stop you out of the trade. Without further…

Economic Noise Striking Cautionary Tone For Investors

This article discusses an unusual but interesting indicator I designed to gauge the background economic noise emanating from an economy and show how it impacts on sentiment and reflects key underlying trends. The chart comes from the latest edition of the Weekly Macro Themes where we also looked at the indicator for…

S&P 500 Futures Trading Outlook For September 11

Stock Market Futures Trading Considerations For September 11, 2017 The S&P 500 (INDEXSP:.INX) and the broad stock market futures indices are rallying higher this morning. Key trading levels for today are listed below. Check out today’s economic calendar with a full rundown of releases. And note that the charts below are from our…

Is Market Uncertainty Showing Signs Of Complacency?

There are several ways to process, measure, and analyze market uncertainty. Today we’ll look at two charts that show investors uncertainty through different lenses:  One focused on economic uncertainty, the other focused on the VIX Volatility Index (INDEXCBOE:VIX). The first chart looks at the global trend in uncertainty related to…