Hear Me Out
I wanted to write a whole article on this but it doesn’t seem necessary so I’ll make this shorter than usual. Today’s SPY candle would be considered an outside candle … Read More
Category: Markets
U.S. Dollar Strong Despite Carnage
The U.S. Dollar traded slightly lower amidst a very bizarre day in history. Equities went into an absolute whirlwind during the FOMC meeting, the Fed hiked 75bps (its largest hike … Read More
S&P 500 Enters Bear Market as Carnage Unfolds
Welp, the writing was on the wall here. As equities, housing, crypto, amongst other asset classes have benefited greatly from Jay Powell’s “easy money policy”, we are seeing in real … Read More
DiDi Officially Delists From NYSE
All good things must come to an end, right? Although I think any DiDi investor would be hard-pressed to admit that their ride alongside DiDi was good. Probably more like … Read More
Is The Oil Market Signaling More Carnage?
The oil market is back on its bullshit again. Oil has seen a rather strong uptrend in price after massive price swings, both up and down, throughout the month of … Read More
Goldman Insists Lithium, Cobalt, & Nickel Due For “Sharp Correction”
Just as the supply chain fiasco that has developed over the past year hit commodities, the metals market is virtually no different. Although, as Goldman has alluded to, prices of … Read More
PCE Print Sends Stocks Nuclear; But Economic Uncertainty Remains
As the algos were awaiting a lower PCE print to send markets trending higher this week, PCE came in as expected, both on a MoM (0.2%) & YoY (4.9%) basis. … Read More
The Housing Top Is In
With mortgage rates going absolutely nuclear in an absolute cry for help, that hasn’t stopped home prices from reaching astronomical highs. The median sale price for existing homes reached $391,200 … Read More
Asia’s Junk Bond Market Shrivels
What once was a flourishing and thriving credit market, Asia’s junk-bond market debt issuance has slowed to a grindings halt, thanks specifically to defaults en masse from Chinese property developers. … Read More
Asset Class Catastrophe
Inflation defeats cash, so buy stocks. Stocks are losing so buy bonds? Bonds are down so buy crypto? Well, crypto is decentralized and unregulated. It is the future, as they … Read More