Daily Bite October 2: Market Analysis and Chart Review
In today’s Daily Bite, Bob Lang covers the Fed, TLT, TNX, SPX, QQQ, Oscillators, VIX, NAHL, and NYHL.
DetailsIn today’s Daily Bite, Bob Lang covers the Fed, TLT, TNX, SPX, QQQ, Oscillators, VIX, NAHL, and NYHL.
DetailsThe Fuse Equity futures are modestly higher this morning as the world awaits the ‘huge’ September employment report. Overnight saw a nice surge in European shares as their inflation data is starting to improve. Interest Rates are up slightly on the long end of the curve, we’ll see how much movement there is following the…
DetailsThe Fuse Futures are flattening out and mixed early this morning but once again all the action was overnight, where we saw a deep plunge again to the futures but a sharp rally back as volatility drifted lower. Perhaps the elevated volatility over the last week is being sold in front of the news (jobs…
DetailsThe Fuse Futures are down modestly this morning but well off their overnight lows. At one point, the ES futures dropped to its 200 day moving average overnight (4,235 or so) and bounced hard as yields fell from higher levels. It’s this overnight capitulation that could stoke a rebound or rally over the coming days.…
DetailsThe Fuse Equity futures are lower this morning following continued weakness in treasuries. Bonds have been falling sharply as the yield on the long bond continues to rise. Interest Rates are spiking again, the 30 year is now above 4.8%, the highest level since 2006. It’s been a meteoric rise of late and no turning…
DetailsThe Fuse Equity futures are getting roughed up this morning after rallying at the open last evening. Rates continue to climb and are putting lid on stocks. Interest Rates are again on the move upward, not good for growth companies. It appears 5% on the 10 year yields is the next likely scenario, and above…
DetailsIn today’s Daily Bite, Bob Lang covers the Fed meeting and rate hikes, S&P 500, NASDAQ new highs-new lows (NAHL), TLT and how to protect your assets.
DetailsChart of the Week: WTIC This week we are going to be focusing on the commodity of crude oil – light crude oil; WTIC is the symbol. On this weekly chart, we can see that this commodity has been on fire from the mid-part of June when crude was down in the high $60s. We…
DetailsWhen we study the stock market and its movements, we normally look at technical and fundamental data points for clues on future moves. We can also use sentiment gauges to help understand the emotions (greed or fear) of investors and traders. And then there are the seasonal stock market trends that appear nearly every year…
DetailsIn today’s Daily Bite, Bob Lang covers the Federal Reserve rates, S&P Futures, oil, Volatility, SPY, and the week ahead.
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