In Tuesday’s Commentary, we shared four indicators of market breadth. While they all show...
SPY Sees A Massive Inflow Of Funds
Per a Bloomberg article entitled World’s Biggest ETF See Record $21 Billion Flow on Stock...
Record Highs In Sight As Breadth Improves
The S&P 500 is only 2% below record highs set two years ago. It appears highly likely the index...
The VIX Index Warns Of Complacency
The VIX index, measuring the implied volatility of the S&P 500, is now at its lowest level...
Santa Powell Lights Up The Markets
Following Wednesday’s Fed meeting, ZeroHedge aptly titled an article, “Santa Powell...
The Pause Lengthens As The Fed Walks A Tightrope
The Fed’s pause since the last rate increase is five months old. To help appreciate the...
The Nasdaq Rebalances To The Chigrin Of The Magnificent 7
The Nasdaq rebalanced its holdings as expected yesterday. However, investors were not expecting the...
US Oil Production Hits Records
The US now accounts for the most oil production in the world. Importantly, as we share in the graph...
RRP Program Dwindles As Excess Liquidity Fades
The Fed offers banks and money market funds reverse repurchase agreements (RRP) to drain excess...
Bitcoin Is ‘A Hyped Up Fraud’ Says Jamie Dimon
JP Morgan CEO Jamie Dimon testified to Congress on Wednesday in a routine meeting about the banking...