Job Losses And Oil Price Rises? With just the beginning of the job losses, some are wondering if this is the right time to prop up oil prices. With the coronavirus impacts far from known, it could be premature to talk about helping raise oil prices by the US government even if it might appear (more…)

Job Losses Not Expected? Overreaction? Overnight futures were up and then the gains evaporated after the 8:30am (ET) release of the initial jobless claims. While huge job losses were expected, looks like the markets are reacting to the much higher than expected/feared magnitude of the job losses and their stoking of the fears of recession (more…)

Real Market Sentiment to Reveal Itself Today! As many veterans on the markets have been referring to, the last few days of “bounce” in the markets could be mainly driven by the quarter-end portfolio asset allocation re-balancing (back to 60/40 equity/bond model). Some part of the “window dressing” flows could also have propped up the (more…)

Quarter-end Window Dressing or Moral Hazard? The well known quarter-end “Window dressing” by funds and institutional advisors could put artificial pressure to the upside on the markets today. At the same time, since the quarter is anyway big negative one, could it also spark funds to dump losers and/or rotate into “wish list” stocks that (more…)

Advantage None Our models have rejected the daily close above the 2510 level last week and are looking for a daily close above 2560 today to turn mildly bullish. The short term bottom might be in at 2191.86, possibly until the earnings season kicks in in a couple of weeks, but there is no directional (more…)