We heard from one Federal Reserve President today, whom offered a cautionary statement to markets. The Federal Reserve may have to “press harder on the brakes” at some point over the next few years, increasing the risk of a hard landing for the economy, New York Fed President William Dudley said Thursday. It should be…
Entering Thursday, U.S. equity Futures are flat to slightly higher as bond yields pull back from yesterday’s headlines in price. After the 10-yr U.S. Treasury touched 2.59% it has pulled back to 2.53% in early morning trade. As the Asian markets traded overnight, headlines surrounding China’s “U.S. bond policy” came into focus. China’s regulators pushed…
That was much to do about nothing now wasn’t it. Well, the major averages did finish lower, which is a bit of a new occurrence in the New Year. And after a bump in volatility at the opening of the trading day, the VIX managed to finish below 10 once again in 2018. The S&P…
The S&P 500 Dow industrials and Nasdaq Composite closed at records Tuesday. The S&P 500 and Nasdaq have closed at records every trading session of 2018. Thus far, the strength in the U.S. has found global equities on the rise. At these global equity levels bearish bets on the market are on the rise…akin to what…
Momma said there’ll be day’s like this, there’ll be days like this…well you get the picture. The VIX pushed up against and just beyond 10 today or roughly 5% higher. This with the major averages largely higher. It wasn’t until the final trading hour that VIX M1 and M2 Futures started to catch some serious…
Whether you are long or short volatility ETP’s, you really ought to know what you are trading. Here are a few essential facts about UVXY, VXX, TVIX, and VIXY: UVXY – ProShares Ultra VIX Short-Term Futures ETF Inception date: October 3, 2011 Expense ratio: 0.95% Optionable: Yes VXX – iPath S&P 500 VIX Short-Term Futures ETN…
A slight pause in the U.S. markets yesterday may find the major averages resuming their upward trend near term and as overseas markets continue to rally. A good many headlines continue to excite and build on investor sentiment in the U.S., but let’s quickly take a reading of overseas markets before digging into some corporate…
Entering this week, the major averages remain at all-time record levels. The CES began this weekend in Las Vegas. I’ve been to the show many a time over the years. There are generally 3-4 venues housing different categories of technology be them household, mobile, gaming, healthcare devices or automotive. It’s a pretty fascinating show packed…
It is hard to find a “talking head” in the media that isn’t able to justify the persistent rally in the major indexes and more recently the Dow Industrial Average crossing 25,000. In short, they are always able to offer that the end is justified by the means. With the end being Dow 25,295 as…
Equities continue to roar higher, ending the first trading week of the New Year with all major averages hitting record highs. The Dow, after crossing 25,000 yesterday did nothing but expound upon the rally that has been in place for the last 14 months. At the closing bell, the Dow Industrial Average is eyeing 26,000…
