Market Overview

Stocks finished flat, with the S&P 500 falling just six bps. Most of the weaknesses yesterday came in the equal-weighted S&P 500, with the RSP ETF falling by almost 85 bps.Meanwhile, we saw...

The central bank doves are forcefully back following a significantly lower-than-expected US JOLTS print, and on the back of a surprisingly dovish comment from an otherwise… hawkish Isabel...

Emini daily chart The S&P 500 Futures gapped down and sold off below last Friday’s low. The market is continuing to go sideways at resistance. Because the market has been in a tight bull...

Gold reverses lower after leaping to record highsDollar recovers, turns to ISM survey for directionStock markets pull back, led by big tech sharesGold loses altitude The world’s oldest...

In the previous meeting, Canada's central bank kept its key interest rate at 5%. The current interest rate is unsustainable for Canadians, and it seems evident that the Bank of Canada will keep the...

Gold Falls Sharply After Hitting an All-Time HighOn Monday, the gold (XAU) price initially surged above 2,100 and set a new all-time high but then declined sharply by 2%, eventually closing near...

US jobs report the next major event Powell hints at less hawkish Fed view JOLTS, ISM and jobless claims eyed The next couple of weeks could be massive for financial markets going into 2024, with a...

Market Overview: S&P 500 Emini FuturesThe market formed an Emini strong reversal on the Monthly chart, reversing the majority of the selloff of the prior 3 months. The next targets for the bulls...

Investor sentiment continues to rise and is increasingly outperforming its historical average (48.8% vs. 37.5%). November was not only very good for the stock markets but also for the 60/40...

Who are the biggest whales in the bond market?If you go around and ask this question, most people would tell you that’s either the Fed or foreign Central Banks like the Bank of Japan or the...

The Federal Reserve (Fed) President Jerome Powell pushed back against the rate cut bets at his speech given in Atlanta last Friday. He is of course playing the card of ‘high for long’...

Investors looking to US NFPs for confirmation of their Fed rate cut betsRBA could still signal that higher rates are possibleBut BoC may confirm that interest rates have peaked in CanadaJapan’s...

I previously discussed a slate of recessionary indicators with high correlations to recessionary onsets. However, as we head into 2024, many Wall Street economists predict a “soft landing”...

US dollar softer ahead of Powell as US inflation and consumption coolEuro regains some posture, stocks look to stretch November gainsOil unimpressed by OPEC+ decision for deeper cuts, futures...