Initial Jobless Claims – RiskReversal

Macro Wrap – MSCI World vs. S&P 500

March 14, 2013 by Enis • Commentary

As the S&P 500 approaches its all-time high at 1576, some global markets (like the BRICs that I mentioned yesterday) have shown disproportionate weakness. But the U.S. has been outperforming the world for almost 2 …

Enis’s Macro Wrap – Changing Nature of Volatility

November 29, 2012 by Enis • Commentary

The past 4 months have been the first 4 month period since late 2006, early 2007 that the VIX has not breached the 20 level. In the context of market history, there have been longer …

Enis’s Macro Wrap – Tight Ranges and Sleeping Bears

August 30, 2012 by Enis • Commentary

The S&P 500 index has traded in a tight range over the past 17 trading days (since August 7th), staying between 1394 and 1427 for the entire period. That is the tightest trading range for …

Enis’s Macro Wrap – Whack a Mole

August 9, 2012 by Enis • Commentary

After Monster’s weak report last night, and 10% fall, it seems to have become a ritual this earnings season to pick off each former high-flying growth stock one by one. Perhaps most interesting about this …

Slumber Party

July 20, 2011 by CC • Commentary

WSJ Economics: 8:30 a.m. (All times EDT): Jobs getting better? We’ll find out this morning with the weekly report of Initial Jobless Claims. Economists expect 405,000 fresh claims, preciously close to the crucial sub-400K level. …