A Positive Start for the Earnings Season! The positive earnings from JP Morgan kicking off the season bodes well for the next bull leg on the horizon! Nothing more needs to be said here.As been advising here for the last many days, extreme caution should be exercised if shorting this market while the SPX is (more…)
Traders Waiting for a Catalyst to Push the Markets Up/Down With the major economic releases for the week and the FOMC meeting minutes out of the way, markets are listless and looking for a thrust to move out of the consolidation range of the last few days. Once the earnings releases start pouring in, there (more…)
Markets Getting Ready to Unwind Violently? Tomorrow’s ECB Rate Decision, followed by U.S. CPI release which is followed by FOMC meeting minutes and, the ever-present US-China trade talk “settlement” hype…a lot of headline risk for the markets to unwind violently towards new highs (rather than downwards) present this week. What follows once the earnings start (more…)
Markets to Begin Going Back to Basics? This week marks the beginning of the corporate earnings season, with some economic releases sprinkled across. These are likely to push the markets to start focusing on the economic fundamentals, sans any continued/new hype around the US-China trade talks. Any lack of upside moves should NOT be construed as (more…)
Jobs and Potential “Consensus” on China Trade Deal – Sell the News or Buy the Hope? This morning’s jobs data goes to assuage investor fears about potential recession on the horizon. But, is “lack of recession” enough to keep driving the markets higher? And, yet another feeding of hopes on US-China trade deal with the (more…)
US-China Trade Talks: Yep, Still (and, Again) the Trump Card Today As we wondered yesterday, with the ever dragged-on, “hopeful”, “imminent” US-China trade “deal”, are the markets drinking the Kool-Aid or real, nourishing tonic? Only time can tell! But, it is still (and, again) the trump card today (or, the Trump card, if you prefer (more…)
US-China Trade Talks: Kool-Aid or Nourishing Tonic for the Markets? With no major economic/financial/earnings catalysts to push further, a phase of consolidation could ensue for the rest of this week and/or until more market relevant economic and earnings news start to trickle in…with, of course, the China trade talks intermittently used, again and again, to (more…)
It’s China, China, and China Today! (and, first-of-the-month) As we first wrote on last Monday (click here to see the original article), China continues to be the main driver of the market headlines – may be for lack of any other better/bigger news. This might continue into the week and/or until more market relevant economic (more…)
Potential China Trade Talks’ Breakthrough (yes, again), Quarter End Window Dressing… As we wrote on Monday this week, the potential “breakthrough” in US-China trade talks is hitting the headlines again. Add to that the potential quarter-end window dressing by fund managers, and we have a perfect recipe for artificially choppy trading to frustrate the bears (more…)
“No recession” Assertions to Resuscitate the Bull? With investors likely beginning to focus on the macro economic factors at a global scale, the bulls are trying to beat up the “no recession” drum to keep the bears at bay. Weakening U.S. home sales is not going to help in the medium term, but for now, (more…)
