Daily Bite October 16: Market Analysis and Chart Review
In today’s Daily Bite, Bob Lang covers Russell 2k, SPX, TNX, PEP, TTD, NAHL, and TYX.
In today’s Daily Bite, Bob Lang covers Russell 2k, SPX, TNX, PEP, TTD, NAHL, and TYX.
The Fuse Equity futures are up a bit this morning after a non-eventful weekend. Dow futures are up strong though component Pfizer is down early. Interest Rates are rising again this mornings as fixed income investors continue to shed bond holdings. It’s been a methodical drop in bond prices, yields are right near 5% on…
DetailsThe Fuse Equity futures have been all over the place but have retained a modest bid into the open. Currently markets are mixed with the Nasdaq lower and the Industrials higher. All indices took it on the chin yesterday but are trying to regain some lost ground. It is still looking like a positive week.…
DetailsIn today’s Daily Bite, Bob Lang covers Futures, DAL, Nasdaq, VOLD, CPI, Fed Funds Futures, SPX, NAHL, FSLR, and JPM.
The Fuse Equity futures are rising up sharply this am in a continuation move from the prior sessions this week. Traders are trying to make it five in a row for the SPX 500, but much of that optimism will weigh on how the market accepts the inflation report coming out today. Interest Rates are…
DetailsChart of the Week: Goldman Sachs We’re going to be profiling big investment bank, Goldman Sachs; GS is the symbol. I can’t give any good positive scores on this chart right now. It’s ugly. We do know that they have earnings coming out in about a week or so. We think that the stock is…
DetailsThe Fuse Equity futures are on the rise as the SPX 500 tries to make it four straight days up in a rows. Oscillators are getting pretty well overbought here but the indices are starting to make higher highs, higher lows – the definition of an uptrend. Interest Rates Seasonal strength tends to push investors…
DetailsThe Fuse Equity futures are powering higher again today after the reversals over the last couple of sessions. With a strong move up towards 4,400 on the SPX 500 there could be more upside. Interest Rates are modestly lower today after a rally in bond ETF’s the prior session. Monday the bond market was closed…
DetailsIn today’s Daily Bite, Bob Lang covers Volatility, S&P 500, Nasdaq, RSP, QQQ, Oscillators, and the NAHL.
After a dismal 2022 marked by excessive inflation and an aggressive increase in interest rates, there were hopes that the economy and stock market would recover without falling off a cliff. Economic data has been mixed. The job market is weakening but still quite strong. Prices are coming down, but not fast enough (and in…
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