Volatility reigns!
Overall, the market consolidated but really couldn’t decide if it wanted higher or lower.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
Volatility reigns!
Overall, the market consolidated but really couldn’t decide if it wanted higher or lower.
Whoa baby. This might be a fun one. Or not. Either way, we’ll likely find out pretty quickly.
Chinese stocks continue to offer up interesting opportunities. And today’s trade is no exception. And to play it, we’re going to do it in a fairly aggressive manner, but with a tight risk management stop.
Let’s get right to it. [Read more…]
by Louis Sykes
Crypto markets can be daunting for those who come from traditional backgrounds.
There are entirely new market mechanisms, trading hours, different exchanges, and distinct ways to analyze the market, let alone the decentralized nature of how these markets operate.
It’s no wonder that people find this asset class complicated.
Adding to the already heightened perplexity of these markets is how they’re driven and how investors benchmark their performance.
Hear me out.
by David
From the Desk of Kimmy Sokoloff
The market finished strong yesterday, and we just might need a little breather before the next move.
by JC
It starts with credit.
Bottom line.
This isn’t crypto where all these shitcoins can go to zero and it won’t matter to anyone who matters.
These aren’t marijuana stocks that are irrelevant to global asset allocation.
This is the bond market.
This is the biggest and baddest of them all.
We’re talking about almost a $120 Trillion asset class.
It’s just math: if there is real systemic risk in the equities market, you’re going to see it in credit.
There’s no way around it.
And so how are credit spreads doing?
As tight as they have been since last summer, and getting tighter: [Read more…]
by Ian Culley
It’s the weekly currency edition of What the FICC?
Yesterday, the US dollar index $DXY booked its largest three-day gain since it peaked in late September. So will today’s bounce turn into tomorrow’s rally?
I don’t know. But you want to monitor these two levels for insight.
Check it out!
by David
From the Desk of Kimmy Sokoloff
The market was in wait-and-see mode with Fed Chair Jerome Powell speaking today.
After he spoke, there was a lot of whip.
by Ian Culley
From the Desk of Ian Culley @IanCulley
The US dollar index $DXY has some extra pep in its step after posting three consecutive daily gains.
In fact, the past few days constitute its largest three-day gain since the index peaked in late September.
I think it’s safe to say the long-awaited USD bounce has arrived. The question now is whether it will turn into a sustained rally.
No one knows, of course. But these next two levels will help us prepare for an impactful dollar advance…