Market in Review 3/13/2024
MARKET REPORT Review: – Traders waiting on PPI and Retail Sales data – Nvidia -1.1% post 7.2% surge – Wells Fargo downgrades Tesla, shares down 4.5% – SI up 3.5% – Spanish IBEX closes at highest level since 2018, STOXX 50 23yr high, STOXX 600/CAC both record – FTSE closes 10 month high – Japan’s […]
Market in Review 2/28/2024
MARKET REPORT Review: – BTC Surge to $64k record ETF volumes, then Flash-crash/Coinbase exchange users show 0$ Bal – Mitch Mconnell will step down as Senate Rep leader in Nov – PCE deflator, sales, PCE and core PCE revised up – US Q4 GDP revised lower – Soft Aussie CPI – Dovish RBNZ hold – […]
Market in Review 2/1/2024
MARKET REPORT Review: – US NFP TOM MORN. All eyes. (+AU PPI) – Strong ISM Manufacturing – Conflicting Gaza ceasefire reports – Rising initial jobless claims – BoE hold rates, as expected (three-way split) – Stocks up, Dollar down, crude down, crypto consolidates, Gold flat. DOLLAR: – AUD UNCH: 65.71 UNCH (65.10 – 65.75) […]
Market in Review 1/9/2024
MARKET REPORT Review: – Oil supply concerns (Middle East) – RCM/TIPP Economic Optimism lifts – Samsung Electronics profits fall for sixth straight quarter – ETH rallies 5% on close DOLLAR closed up small: – AUD down: 66.85 -0.5% (67.14 – 66.79) close off bottom rge – EUR up: 91.48 +0.22% (91.19 – 91.63) […]
Market in Review 1/4/2024
MARKET REPORT Review: – Morgan Stanely go Dollar neutral (from Bullish). Call for EUR down and YEN up (Short Eur/Yen) – Strong EZ PMI revisions – BTC/ETH bounce 4% (shock) – ADP National Employment report saw the headline beat at 164k (exp. 115k) ALTHOUGH wages components saw the median change in annual pay for job […]
