Subscribe To
Us sells 5-year tips at +1.832% vs 1.794% expected
Prior was was +1.320%Bid to cover at 2.56 vs 2.34 priorThis is the highest yield at a 5y TIPS sale since the pandemic but it's...
June 22, 2023, 5:04 pm
Fed's powell: we have not seen much progress in the way of services inflation
A strong majority of FOMC feels there is a little further to go with rate hikesWe kept rates on hold to give ourselves more time to make decisionPaper...
June 22, 2023, 2:36 pm
Dow's stock falls after bofa recommends selling, given demand recovery remains elusive
Shares of Dow Inc. DOW, -0.93% fell 0.8% in afternoon trading Thursday, but pared an earlier loss of as much...
June 22, 2023, 2:32 pm
Eia weekly natural gas inventories +95 vs +91b expected
Prior was 84BUS natural gas prices have come off the bottom in part due to higher power burn and exports to Mexico. However if there is any kind of la...
June 22, 2023, 2:30 pm
Penumbra: impressive, but running a bit hot
Penumbra, Inc. has seen continued, steady, and impressive top-line sales growth over the past decade. This sales growth is now resulting in modest pro...
June 22, 2023, 2:10 pm
Qyld: tame implied volatility, not much call-selling income to collect (rating downgrade)
The VIX is at its lowest level since January 2020, indicating low implied volatility and modest option premium. I am downgrading the Global X NASDAQ 1...
June 22, 2023, 1:04 pm
Sofi stock alert: student loan payments will resume in october
After more than eight student loan moratorium extensions, student loan payments are now confirmed to resume in the fall —...
June 22, 2023, 12:50 pm
Vtip: 2.6% real yield is exceptional given the alternatives
The real yield on the Vanguard Short-Term Inflation-Protected Securities Index Fund ETF has risen to a new high of 2.6%. This real yield is significan...
June 22, 2023, 11:07 am
Boe surprises with 50 bps rate hike, bringing bank rate to 5.00%
Prior 4.50%Bank rate vote 7-2 vs 7-2 expected (Dhingra, Tenreyro voted to keep rates at 4.50%)Continuing to monitor closely the impact of the signific...
June 22, 2023, 11:00 am
Snb jordan: we cannot rule out further tightening
In the post-meeting press conference, SNB Chair Thomas Jordan affirmed that “We cannot rule out further monetary policy tightening,” following a d...
June 22, 2023, 9:17 am
Amazon's stock could soar to $180 as analyst says wall street is ‘very wrong' about key catalyst
Loop Capital analyst Rob Sanderson continues to feel upbeat about Amazon.com Inc.'s stock despite its near-50% rally on the year — so...
June 22, 2023, 9:17 am
Overstock wins $21.5 million bid for bed bath and beyond name
Bed Bath & Beyond will live on in name—and not much else—after Overstock.com won a bankruptcy aucti...
June 22, 2023, 9:03 am
Investors braced for the coming tech-stock crash do this now
For pessimistic S&P 500 investors, there's much to worry about — especially in the red-hot technology...
June 22, 2023, 8:15 am
Dow jones technical analysis
The Fed has decided to pause its tightening cycle at 5.00-5.25% last week because they want to see more economic data before deciding on further rate ...
June 22, 2023, 7:56 am
Hawkish powell weighs on stocks, 50 basis points on the table for the boe
European stocks are poised to open a little lower on Thursday, tracking moves we saw in the US on Wednesday following Jerome Powell’s appearance in ...
June 22, 2023, 7:48 am
Paypal stock is down 80% from highs: buying opportunity?
The leader in online payment services, PayPal NASDAQ: PYPL, has seen its stock price decline by as much...
June 22, 2023, 7:02 am
S&p 500 technical analysis
The Fed eventually paused its tightening cycle last week at 5.00-5.25%. The reason was that they wanted to see more economic data before deciding on f...
June 22, 2023, 6:43 am
Boe and snb to hike for sure, but… by how much?
As BoE gears up for its monetary policy decision today, market observers find themselves divided on the scale of the expected rate hike. This indecisi...
June 22, 2023, 5:37 am
The snb and boe are in the spotlight in european trading
Major currencies are not showing much appetite so far today but the dollar was somewhat softer in tradi...
June 22, 2023, 4:32 am
New zealand data - may credit card spending +3.3% y/y (vs. +13.9% expected)
New Zealand May 2023 credit card spending +3.3% y/y +13.9% expected, prior was +11.4%Not much of a fore...
June 22, 2023, 3:11 am
