Next buy-on-the-dip test 110 points lower at 2538 for S&P 500
The next level in this market that might bring some buyers off the sidelines and slow the plunge in stocks comes at the 200-day moving average near 2538.
Market moves to risk off just before start of biotech conference season, opening for short term biotech trades? Adding Nektar to my Volatility Portfolio
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Today looks like a return to the “vulnerable” market of last week
For me the question today was whether the market would look like the “vulnerable” market of the first four days of last week–you know when U.S. stocks moved lower, the dollar continued to climb but so did the yen, and emerging market equities fell and it looked like we were moving back to a typical risk-off market–or whether Friday’s strong day for U.S. stocks broke the pattern.
A “vulnerable” market looks to be shifting to risk off stance
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Is a drop in junk bond prices sign of a more widespread move to risk-off?
Is it risk off time in the bond market? Looks like it so far in July as bond buyers are showing nervousness about junk bonds and debt from emerging market countries.
It’s risk-off today around the globe
Today has turned into a class risk off day in global financial markets—largely on news that China’s exports plunged 18.1% in February. Economists surveyed by Bloomberg had expected a 7.5% increase in exports.
Strong dollar, strong U.S. stock market–how long does this trend run?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...It’s a risk off market again–what to sell and what to think about buying when emerging markets bottom
Global markets have swung to their risk off posture. The drivers are, as usual, global central banks. Specifically traders fear that the Federal Reserve will begin tapering off its $85 billion a month in purchases of Treasuries and mortgage backed securities “soon.”
What have you done for me today? Bank of Japan stands pat and market is disappointed
Markets are disappointed—the Nikkei 225 index in Tokyo closed down 1.45% over night—that Japan’s central bank didn’t announce even more stimulus on top of its April pledge to add 60 trillion to 70 trillion ($713 billion) to Japan’s money supply. It’s risk off assets in the EuroZone periphery and in global emerging markets that are under the most pressure today.
Download Jim’s eBook for Free
