Our View Doesn’t it always feel “busy” in the market now? Well, that feeling is a reality now. Aside from all the geopolitical issues at the forefront — Covid, Monkeypox, global warming, and the ongoing war in Ukraine — we have a huge week of earnings, including Meta, Amazon, Apple, Alphabet, and Microsoft all reporting, […]
Our View The banks have not painted a pretty picture for earnings. Many of them missed on earnings and revenue estimates — JPM, MS, WFC, BAC — while others, like GS beat but reported big slowdowns in revenue (down 22% YoY). Citigroup is about the only bank with a decent report this quarter. The banks […]
Our View The banks have not painted a pretty picture for earnings. Many of them missed on earnings and revenue estimates — JPM, MS, WFC, BAC — while others, like GS beat but reported big slowdowns in revenue (down 22% YoY). Citigroup is about the only bank with a decent report this quarter. The banks […]
Our View – No Rest for the Weary The ES is now down 22% from its January high. Bitcoin traded under $21,000, an 18-month low, Coinbase dropped 11% on Monday and is now 85% below its opening IPO price, and the yield on the 10-year note is 3.336%, the highest close since 2011. I think […]
Our View – No Rest for the Weary The ES is now down 22% from its January high. Bitcoin traded under $21,000, an 18-month low, Coinbase dropped 11% on Monday and is now 85% below its opening IPO price, and the yield on the 10-year note is 3.336%, the highest close since 2011. I think […]
Our View Ladies & Gentlemen, the newsletter is all about being open, transparent, and honest. And we’ll be those things with you; Over the last few weeks, it’s been really hard for me to switch gears. Long to short, short to long…it’s been exhausting — and that’s coming from someone who was on the trading […]
Our View Ladies & Gentlemen, the newsletter is all about being open, transparent, and honest. And we’ll be those things with you; Over the last few weeks, it’s been really hard for me to switch gears. Long to short, short to long…it’s been exhausting — and that’s coming from someone who was on the trading […]
Our View The bonds didn’t matter yesterday, but it looks like they do this morning. The ZB (bonds) rallied 2 full points from 138.14 to 140.16. The ES sold off down to 4432.75 on Globex but is now trading 4463 at 7:00 am. This morning’s economic reports include MBA Mortgage Applications and Existing Home Sales. […]
Our View The bonds didn’t matter yesterday, but it looks like they do this morning. The ZB (bonds) rallied 2 full points from 138.14 to 140.16. The ES sold off down to 4432.75 on Globex but is now trading 4463 at 7:00 am. This morning’s economic reports include MBA Mortgage Applications and Existing Home Sales. […]
Danny’s View: The Summer’s Busiest Week Begins