The FOMC Minutes will be released on Wednesday afternoon. Aside from that release, it is a relatively quiet week on the macro front in the U.S., with PPI data on Tuesday and CPI data on …
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While last week was busy in terms of the elections, economic data, and earnings, the actual movement in the U.S. equity indices was quite subdued. The S&P 500 index rose 0.7% on the week, and …
Continue readingAction-packed week to start November. First, the mid-term elections in the U.S. are tomorrow, November 4th. Market participants have not seemed to focus much on this round of midterms, but the elections will still dominate …
Continue readingThe FOMC meeting on Wednesday is the most important event this week. While the general expectation is still that the committee ends QE, St. Louis Fed President Bullard’s comments nearly 2 weeks ago about possibly delaying …
Continue readingThis week is the busiest of earnings season, with the technology sector at the forefront. Outside of earnings, it’s a light economic calendar. There is existing home sales data on Tuesday, CPI on Wednesday, and …
Continue readingThis week is the first full week of earnings reports. It will be interesting to see whether the market’s focus finally shifts from macro headlines to single stock news. 10 day realized volatility in the S&P …
Continue readingAfter a hectic economic data calendar last week, the only major data release in the U.S. this week is the FOMC minutes on Wednesday, Oct. 8th at 2 pm. Though earnings season does kick off …
Continue readingSPY options dominated volumes yesterday. The top 6 lines were all SPY puts, as investors reached for protection after the second 1%+ down day in the index in the past week. 1. SPY – The index …
Continue readingSo this is probably where you start hearing the term de-coupling again. Yes I know, that’s so 2011/2012, when it was commonly used to suggest that the U.S. could weather the European sovereign debt crisis, …
Continue readingEquity markets were quiet, while currency and commodity markets were a bit more active. Asian Equity Markets Are Subdued – The largest move in either direction for the major indices was the 0.9% decline in Indian …
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