Quotes by TradingView
Sunday, June 26, 2022
Premium: TradeChat
No Result
View All Result
MrTopStep
  • News
    • All
    • Reuters Business
    CME Loses Key Battle in Potentially Costly Trader Lawsuit

    CME Loses Key Battle in Potentially Costly Trader Lawsuit

    24X5 Options Trading Begins Sunday, November 21

    ICE Notice

    ICE: Margin Rates Update for ICE Futures U.S. Oil Contracts

    ICE: Margin Rates Update for ICE Futures U.S. Gas Contracts

    CME Group Globex Labor Day Holiday Schedule

    Margin Rates Update for ICE Futures U.S. Power Contracts

    AP: US COVID-19 cases rising again, doubling over three weeks

    CME Group – US Independence Day Holiday Schedule: July 2-6, 2021

  • Products
    • Chatroom Login
    • Wyckoff Trader
    • MIM
    • Polaris Trading Group
    • IM Pro Trading Chat Room
  • Stocks
    • All
    • Apple
    • Dow Jones
    • Earnings
    • Facebook (FB)
    • Goldman Sachs (GS)
    • IPO
    • M&A
    • Markets
    • Mining
    • Nasdaq
    • NYSE
    • Russell 2000
    • S&P 500
    • Twitter (TWTR:NYSE)
    • VIX
    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 24 JUNE: ASX rises 0.8pc as battered tech, lithium shares rebound | ReNu Energy and Countrywide Renewable Hydrogen kick off a green hydrogen electrolysis production project in Southern Tasmania | Singapore May manufacturing output up 13.8% y/y amid chip shortage |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 24 JUNE: ASX to slip | Wall St rallies late, copper drops | Medlab teams up with Malaysian consumer health giant to crack open an eager Asian market |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 23 JUNE: REITs lift ASX 0.3pc, energy, mining, lithium stocks tumble | Netccentric secures e-commerce influencer deal with TikTok | Asia shares struggle, oil tumbles |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 23 JUNE: ASX to rise | US stocks end lower, snapping rally | Sparc to get industry pulling its coat on, with commercial graphene right around the corner |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 22 JUNE: ASX drops 0.2pc; UK inflation hits 40-year high of 9.1pc | Besra Gold’s drilling at Jugan continues to impress | Indian shares drop over 1% after pullback rally fizzles |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 22 JUNE: ASX to rise | Wall St rallies broadly, Tesla surges | Indiana raises $1.84m, secures grant to drive Central Gawler exploration |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 21 JUNE: ASX bounces 1.4pc, ends 7-day losing streak | Resource Base begins step-out drilling after ‘significant’ REE discovery | China Evergrande sticks to restructuring plan target of before end-July |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 21 JUNE: ASX to rise | European stocks rebound, bitcoin bounce fades | Arizona Lithium gears up for EV supply chain support with 5 year deal for world class lithium lab |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 20 JUNE: ASX drops 0.6pc as miners plunge | Culpeo Minerals discovers new copper zone at Lana Corina project | BOJ maintains ultra-low rates, warns against sharp yen falls |

    Trending Tags

    • FEEDID-6
    • FEEDID-51
    • FEEDID-44
    • FEEDID-31
    • FEEDID-21
    • FEEDID-16
    • FEEDID-36
    • FEEDID-10
    • feedid-56
    • feedid-58
    • feedid-61
    • feedid-59
    • feedid-60
    • feedid-62
    • feedid-63
    • feedid-65
    • feedid-66
  • Charts
    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 24 JUNE: ASX rises 0.8pc as battered tech, lithium shares rebound | ReNu Energy and Countrywide Renewable Hydrogen kick off a green hydrogen electrolysis production project in Southern Tasmania | Singapore May manufacturing output up 13.8% y/y amid chip shortage |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 24 JUNE: ASX to slip | Wall St rallies late, copper drops | Medlab teams up with Malaysian consumer health giant to crack open an eager Asian market |

    Jack Broz Webinar banner

    Jason Sen: undefined

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 23 JUNE: REITs lift ASX 0.3pc, energy, mining, lithium stocks tumble | Netccentric secures e-commerce influencer deal with TikTok | Asia shares struggle, oil tumbles |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 23 JUNE: ASX to rise | US stocks end lower, snapping rally | Sparc to get industry pulling its coat on, with commercial graphene right around the corner |

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 22 JUNE: ASX drops 0.2pc; UK inflation hits 40-year high of 9.1pc | Besra Gold’s drilling at Jugan continues to impress | Indian shares drop over 1% after pullback rally fizzles |

  • Commentary
    • All
    • Market Recap
    • MrTopStep
    Danny’s View:  S&P 500 – Embrace the CHOP

    Danny’s View: S&P 500 – Embrace the CHOP

    From the Desk of Wyckoff Trader

    From the Desk of Wyckoff Trader

    Danny’s View:  Bulls Still Have Control But Could Lose It Any Minute

    Danny’s View: Okay, Bulls, Prove It!

    Danny’s View:  S&P 500 – Summer Volume Comes Early

    Danny’s View: S&P 500 – Summer Volume Comes Early

    Taylor 3 Day Cycle – Polaris Trading Group

    Taylor 3 Day Cycle – Polaris Trading Group

    Danny’s View:  Navigating the Bounce in a Holiday-Shortened Week

    Danny’s View: Navigating the Bounce in a Holiday-Shortened Week

    CME Junteenth Holiday Schedule

    Danny’s View:  Bulls Still Have Control But Could Lose It Any Minute

    Danny’s View: Quad Witch Round 2. Can Bulls Recoup Some of This Week’s Losses?

    From the Desk of Wyckoff Trader

    From the Desk of Wyckoff Trader

  • Education
    • All
    • Economics
    • Trading Methods
    • Trading Psychology
    • Trading Room
    • Trading Rules
    • Webinars
    Chart of the Day: AMZN Stock

    Chart of the Day: PINS Stock

    Chart of the Day: AMZN Stock

    Chart of the Day: Trading the S&P 500 and the S&P Futures

    Here’s Why You Need Mr. Top Step

    Here’s Why You Need Mr. Top Step

    Chart of the Day: AMZN Stock

    Chart of the Day: Etsy Stock Tumbles

    Chart of the Day: AMZN Stock

    Monthly Trading Time: The Good, The Bad and The Ugly

    Chart of the Day: AMZN Stock

    Chart of the Day: Can Apple Stock Hit Record Highs?

    Chart of the Day: AMZN Stock

    Chart of the Day: Can GOOGL Stock Stay Up?

    Chart of the Day: AMZN Stock

    Chart of the Day: GameStop Stock Raises Capital

    Chart of the Day: AMZN Stock

    Chart of the Day: Another Go at Amazon Stock

  • NYSE Holidays
  • Video
  • News
    • All
    • Reuters Business
    CME Loses Key Battle in Potentially Costly Trader Lawsuit

    CME Loses Key Battle in Potentially Costly Trader Lawsuit

    24X5 Options Trading Begins Sunday, November 21

    ICE Notice

    ICE: Margin Rates Update for ICE Futures U.S. Oil Contracts

    ICE: Margin Rates Update for ICE Futures U.S. Gas Contracts

    CME Group Globex Labor Day Holiday Schedule

    Margin Rates Update for ICE Futures U.S. Power Contracts

    AP: US COVID-19 cases rising again, doubling over three weeks

    CME Group – US Independence Day Holiday Schedule: July 2-6, 2021

  • Products
    • Chatroom Login
    • Wyckoff Trader
    • MIM
    • Polaris Trading Group
    • IM Pro Trading Chat Room
  • Stocks
    • All
    • Apple
    • Dow Jones
    • Earnings
    • Facebook (FB)
    • Goldman Sachs (GS)
    • IPO
    • M&A
    • Markets
    • Mining
    • Nasdaq
    • NYSE
    • Russell 2000
    • S&P 500
    • Twitter (TWTR:NYSE)
    • VIX
    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 24 JUNE: ASX rises 0.8pc as battered tech, lithium shares rebound | ReNu Energy and Countrywide Renewable Hydrogen kick off a green hydrogen electrolysis production project in Southern Tasmania | Singapore May manufacturing output up 13.8% y/y amid chip shortage |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 24 JUNE: ASX to slip | Wall St rallies late, copper drops | Medlab teams up with Malaysian consumer health giant to crack open an eager Asian market |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 23 JUNE: REITs lift ASX 0.3pc, energy, mining, lithium stocks tumble | Netccentric secures e-commerce influencer deal with TikTok | Asia shares struggle, oil tumbles |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 23 JUNE: ASX to rise | US stocks end lower, snapping rally | Sparc to get industry pulling its coat on, with commercial graphene right around the corner |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 22 JUNE: ASX drops 0.2pc; UK inflation hits 40-year high of 9.1pc | Besra Gold’s drilling at Jugan continues to impress | Indian shares drop over 1% after pullback rally fizzles |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 22 JUNE: ASX to rise | Wall St rallies broadly, Tesla surges | Indiana raises $1.84m, secures grant to drive Central Gawler exploration |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 21 JUNE: ASX bounces 1.4pc, ends 7-day losing streak | Resource Base begins step-out drilling after ‘significant’ REE discovery | China Evergrande sticks to restructuring plan target of before end-July |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 21 JUNE: ASX to rise | European stocks rebound, bitcoin bounce fades | Arizona Lithium gears up for EV supply chain support with 5 year deal for world class lithium lab |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 20 JUNE: ASX drops 0.6pc as miners plunge | Culpeo Minerals discovers new copper zone at Lana Corina project | BOJ maintains ultra-low rates, warns against sharp yen falls |

    Trending Tags

    • FEEDID-6
    • FEEDID-51
    • FEEDID-44
    • FEEDID-31
    • FEEDID-21
    • FEEDID-16
    • FEEDID-36
    • FEEDID-10
    • feedid-56
    • feedid-58
    • feedid-61
    • feedid-59
    • feedid-60
    • feedid-62
    • feedid-63
    • feedid-65
    • feedid-66
  • Charts
    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 24 JUNE: ASX rises 0.8pc as battered tech, lithium shares rebound | ReNu Energy and Countrywide Renewable Hydrogen kick off a green hydrogen electrolysis production project in Southern Tasmania | Singapore May manufacturing output up 13.8% y/y amid chip shortage |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 24 JUNE: ASX to slip | Wall St rallies late, copper drops | Medlab teams up with Malaysian consumer health giant to crack open an eager Asian market |

    Jack Broz Webinar banner

    Jason Sen: undefined

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 23 JUNE: REITs lift ASX 0.3pc, energy, mining, lithium stocks tumble | Netccentric secures e-commerce influencer deal with TikTok | Asia shares struggle, oil tumbles |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 23 JUNE: ASX to rise | US stocks end lower, snapping rally | Sparc to get industry pulling its coat on, with commercial graphene right around the corner |

    Cabrera Capital Daily Game Plan

    Cabrera Capital Daily Game Plan

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: ARVO WRAP 22 JUNE: ASX drops 0.2pc; UK inflation hits 40-year high of 9.1pc | Besra Gold’s drilling at Jugan continues to impress | Indian shares drop over 1% after pullback rally fizzles |

  • Commentary
    • All
    • Market Recap
    • MrTopStep
    Danny’s View:  S&P 500 – Embrace the CHOP

    Danny’s View: S&P 500 – Embrace the CHOP

    From the Desk of Wyckoff Trader

    From the Desk of Wyckoff Trader

    Danny’s View:  Bulls Still Have Control But Could Lose It Any Minute

    Danny’s View: Okay, Bulls, Prove It!

    Danny’s View:  S&P 500 – Summer Volume Comes Early

    Danny’s View: S&P 500 – Summer Volume Comes Early

    Taylor 3 Day Cycle – Polaris Trading Group

    Taylor 3 Day Cycle – Polaris Trading Group

    Danny’s View:  Navigating the Bounce in a Holiday-Shortened Week

    Danny’s View: Navigating the Bounce in a Holiday-Shortened Week

    CME Junteenth Holiday Schedule

    Danny’s View:  Bulls Still Have Control But Could Lose It Any Minute

    Danny’s View: Quad Witch Round 2. Can Bulls Recoup Some of This Week’s Losses?

    From the Desk of Wyckoff Trader

    From the Desk of Wyckoff Trader

  • Education
    • All
    • Economics
    • Trading Methods
    • Trading Psychology
    • Trading Room
    • Trading Rules
    • Webinars
    Chart of the Day: AMZN Stock

    Chart of the Day: PINS Stock

    Chart of the Day: AMZN Stock

    Chart of the Day: Trading the S&P 500 and the S&P Futures

    Here’s Why You Need Mr. Top Step

    Here’s Why You Need Mr. Top Step

    Chart of the Day: AMZN Stock

    Chart of the Day: Etsy Stock Tumbles

    Chart of the Day: AMZN Stock

    Monthly Trading Time: The Good, The Bad and The Ugly

    Chart of the Day: AMZN Stock

    Chart of the Day: Can Apple Stock Hit Record Highs?

    Chart of the Day: AMZN Stock

    Chart of the Day: Can GOOGL Stock Stay Up?

    Chart of the Day: AMZN Stock

    Chart of the Day: GameStop Stock Raises Capital

    Chart of the Day: AMZN Stock

    Chart of the Day: Another Go at Amazon Stock

  • NYSE Holidays
  • Video
No Result
View All Result
MrTopStep
Home Charts

Bloomberg: Recovery Profits Are Hot. So Is Inflation Chatter

Contributor by Contributor
April 27, 2021
in Charts, content
0 0
0
18
SHARES
130
VIEWS
Share on FacebookShare on Twitter
Bloomberg

You’ve Earned It, Baby

There’s good news from first-quarter earnings season. So far, expectations of a swift and impressive rebound from the pandemic have been amply fulfilled. With about a quarter of companies in the S&P 500 having reported, it looks as though the market didn’t get too far ahead of itself.

That said, the limited positive reaction shows investors really were expecting something massive. With a fantastic recovery already in the price, it will be difficult to go much further. And the comments of CEOs and CFOs on earnings calls so far suggest that the risk of inflation (a word I wanted to avoid mentioning) is rising. Stockbrokers now crunch transcripts to look for trends — and the overwhelming one so far is increasing concern about inflation. These numbers come from the quantitative team at BofA Securities Inc.:

Such a sharp increase cannot be ignored. The great inflation scare of 2021 may yet turn out to be a great head fake, but for the time being it’s a mighty real phenomenon that could yet have an impact on central bankers, and on the bond market.

Anyone concerned about overheating will get plenty of support from the numbers coming out of corporate America. As BofA shows, expectations have shot up in the last few weeks. This is largely a reflection of the way the suddenness and extremity of last year’s shock has scrambled perceptions, but still it’s very uncommon to see estimates move like this. The corporate “game” of talking down expectations ahead of results is inoperative for the time being:

If companies keep beating forecasts at the same rate over the next couple of weeks, we could end up with growth for the quarter of as much as 40% from a year earlier. This would owe much to the low base set in the first three months of last year, but it’s still extraordinary:

If the growth rate ends at Factset’s current projection of 33.8%, that would be the best of any quarter since the third period of 2010, when the post-Great Recession recovery was beginning to crank into gear. The numbers also show how much this quarter is being driven by cyclical companies that were prime victims of the pandemic, led by financials and consumer discretionary businesses. And if current forecasts are right, industrials still have a lot of growth ahead if they are to partake of this recovery:

By the end of the year, Wall Street seems confident that industrials will indeed have enjoyed a renaissance, with growth for the year of more than 80% — although that number has been trimmed back slightly in the early days of this reporting season:

To put these numbers into perspective, analysts now expect S&P 500 earnings for the year to come in at 80% above the level that was expected at the outset of the crisis year of 2008. In Europe, where expectations have risen at the same rate so far this year, profits are still on course to be 20% lower than had been expected for 2008 (the numbers here use the MSCI indexes). The global financial crisis, although perceived to have its roots in the U.S., has done far greater damage to corporate Europe than to corporate America: 

On both sides of the Atlantic, the single biggest question for companies could concern margins. A central issue for European companies since the crisis has been their lack of profitability. Even when the continent’s stricken banking system is excluded, they have found it very difficult to build margins, as this chart from Morgan Stanley shows. The expectation is for a significant improvement this year, and much depends on whether this happens:

In the U.S., where companies have found it much easier to jack up profitability, margins have already completed their recovery from Covid, and the current expectation is that they will fall slightly for the first quarter, from the final three months of last year. That would reflect increasing pricing pressures, and an inability to pass on costs — in other words, rising costs might manifest themselves in lower profits for companies, rather than higher prices for consumers. The effect is only expected to be small, but the issue of margins and pricing power will be at the top of the agenda:

Margins in the U.S. might yet, in other words, reveal whether there really is overheating in the economy, and whether it will manifest itself in inflation, or in pain for the corporate sector. And that is arguably the single most important issue in global finance these days. 

 

What It’s Worth

Perhaps it’s time to return to the tale of valuations. Short-term yardsticks based on profits are obviously thrown out by such huge earnings volatility, but there are still ways to get a handle on valuations. None of them offers much comfort.

Tobin’s Q, the ratio of total stock market capitalization to the total replacement value of the assets in its companies, is at an all-time high, as shown by this chart from Morgan Stanley. Over time it tends to be mean-reverting. It is a long way from the mean now:

The immediate riposte is of course that the bond market is also historically expensive. Taking into account how low bond yields are, stocks don’t look so expensive. This has been a respectable argument for almost all of the post-crisis decade, and explains why the stock market has done so well. Bonds looked very expensive compared to stocks at the worst of last year’s Covid shutdown, and sent a great signal to buy equities. But after the past year’s titanic stocks rally, and a sharp rise in bond yields over the last few months, the argument that they make equities look cheap appears out of date.

The charts below are from Mike Wilson, chief U.S. equity strategist at Morgan Stanley. Using a conventional equity risk premium, which involves subtracting the 10-year Treasury yield from the earnings yield (the inverse of the price-earnings multiple) for the S&P 500,  we find that stocks are bang in line with their most expensive level since 2002. It’s made sense to buy stocks for most of that period, of course, but valuation isn’t terribly exciting.

When Wilson substituted the 10-year inflation breakeven for the bond yield, on the reasonable basis that the hurdle we really want our investments to clear is inflation, he arrived at an equity risk premium almost exactly as low as at the apex of the dot-com bubble in 1999 and 2000. Using breakevens, and assuming that the current belief in a modest revival in inflation is correct, then stocks are as expensive as they’ve ever been. Yes, they were a great bargain last March. They’re not anymore. 

Does the great rally in earnings help the case for stocks? Not really. In the past week, expected profits for 2021 finally exceeded the earnings that were estimated for 2020 at the start of last year, according to Bloomberg’s survey of expectations. Meanwhile the S&P is up about 30%. The stock market must be discounting a few more years of great improvements in earnings per share. With a corporate tax hike in the offing, that looks most hopeful. 

If we want to look at the prospective P/E in its own right, it provides little comfort. It jolted down in January with the move from 2020 to 2021 earnings, and we should ignore the spike at the end of last year . The current level needs to be taken more seriously, and suggests that the market is at a level only succeeded in the bubble years of 1999 and 2000:

Valuation provides no help with timing, and it is always possible for an expensive market to become even more expensive. The final madness of the boom at the turn of the century only really got going once the market had reached about the valuation it’s at now. But the sense that the bond market and valuation have made it easy to buy stocks seems to be worryingly persistent, even though it is no longer true. In broad terms, the equity risk premium has never been lower. To quote Wilson of Morgan Stanley, “while there’s no rule saying it can’t go lower, we think there’s low probability that it will.”

 

Survival Tips

One great podcast I forgot to mention last week: The Shrink Next Door, featuring a lengthy investigation by Bloomberg Opinion colleague Joe Nocera into the bizarre manipulative behavior by the psychiatrist who lived (or appeared to live) next to him in the Hamptons on Long Island. He effectively took over the lives of his patients, lived in their houses, and took over the running of their businesses. It’s extraordinary if macabre listening.

The original podcast came out nearly two years ago, but Joe recorded a new episode last week after he succeeded in having the shrink of the title barred from continuing to practice. Also, the podcast is now to be turned into a sitcom also called The Shrink Next Door starring Will Ferrell and Paul Rudd. I suspect it will be rather a dark comedy.

Anyway, it’s a remarkable tale brilliantly told. And for a survival tip, if you ever feel the need to seek therapy from a psychiatrist, make sure you agree on the bounds at the outset.

Like Bloomberg’s Points of Return? Subscribe for unlimited access to trusted, data-based journalism in 120 countries around the world and gain expert analysis from exclusive daily newsletters, The Bloomberg Open and The Bloomberg Close.

 

Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.

 
Previous Post

Chart of the Day: GameStop Stock Raises Capital

Next Post

Bloomberg: China is losing the soft war but could win the hard one

Related Posts

content

Almanac Trader

June 25, 2022
Cabrera Capital Daily Game Plan
Charts

Cabrera Capital Daily Game Plan

June 24, 2022
content

Need to Know: Buy American has been a better stock-picking strategy than the alternative. Here are the companies most exposed to the U.S. economy.

June 24, 2022
Next Post

Bloomberg: China is losing the soft war but could win the hard one

Search

No Result
View All Result

MrTopStep Live Stream

Popular Posts

  • NYSE Holidays 2020 Stock Market Schedule

    NYSE Stock Market Holidays 2022 | Stock Market Calendar

    3239 shares
    Share 1308 Tweet 805
  • 1920s Stock Market Chart

    411 shares
    Share 164 Tweet 103
  • Introduction to T-Theory – Magic-T

    389 shares
    Share 156 Tweet 97
  • Market On Close: Trend down day and the MOC capitulated but sector wise a bit bullish.

    338 shares
    Share 135 Tweet 85
  • S&P 500 projections: What the locals in the pit think

    332 shares
    Share 133 Tweet 83

Subscribe to our Newsletter

The information in these Market Commentaries do not constitute a solicitation of the purchase or sale of any futures or options contracts.

Connect

Facebook Twitter Youtube

Office Hours

Monday-Friday: 7:30 AM- 4:00 PM
Order online 24/7

Ph: (207) 358-8545‬

email: info@mrtopstep.com

We Accept

© 2020 - MrTopStep All Rights Reserved.

No Result
View All Result
  • News
  • Products
    • Chatroom Login
    • Wyckoff Trader
    • MIM
    • Polaris Trading Group
    • IM Pro Trading Chat Room
  • Stocks
  • Charts
  • Commentary
  • Education
  • NYSE Holidays
  • Video

© 2020 - MrTopStep All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Free Webinar: MrTopStep Year End

Free Webinar: Looking at the Year End and 2021

With Danny Riley and the Team

Monday, December 7th @ 7pm ET

Register Now! (Limited room)