Stocks stagnated as rates and the dollar fell, pushing gold and copper higher.

Strange day of trading with the market trading sharply higher, only to give it all back.

The US yield curve may continue to steepen, driven by rising inflation expectations and increasing bond yields in Japan.

Despite the S&P 500 maintaining stability above its 10-day exponential moving average, upcoming earnings season and rising inflation expectations could significantly increase market volatility. A bottoming in implied correlations, coinciding with earnings, historically signals potential market shifts, while inflationary pressures further complicate the outlook by likely pushing Treasury yields higher.

Markets saw subdued trading influenced by July options expiration, though long-term inflation expectations, reflected in rising CPI swaps, reached notable highs. Meta’s technical breakdown could indicate broader market vulnerabilities, especially given its key role in recent market strength.

Stocks were hit hard today, as rates and the dollar surged.

Stocks have been rising despite unusual market signals, including increasing implied volatility, widening credit spreads, and significant FX movements. This analysis explores why these conflicting indicators may hint at an impending market pullback, particularly examining key technical levels for the S&P 500 and Taiwan Semiconductor ahead of earnings.

Tariff tensions drive a significant dollar breakout and a surge in long-term yields, hinting at increasing inflation expectations. As stocks approach a potential peak, technical indicators signal caution ahead of earnings season.

Stocks declined after President Trump announced new 25% tariffs effective August 1 for countries including Japan and South Korea, increasing market uncertainty. Meanwhile, the dollar index is signaling a potential reversal higher, suggesting volatility could rise further in coming days.

📉 Global currencies are moving in one direction, U.S. stocks in another. Who’s right? In today’s video, I break down the major divergence between the equity markets and global currencies…

Tomorrow is Job’s Friday, except it only be Thursday.

A clear rotation hit markets today as the Nasdaq dipped and the equal-weight S&P 500 surged. Key ratios suggest caution ahead, highlighting historical patterns tied to previous market pullbacks.

President Trump appears to have appointed himself the unofficial “Shadow Fed Chair,” pushing for much lower overnight rates. With liquidity conditions tightening and bond markets hinting at slowing growth, stock indices like the S&P 500 and NASDAQ are flashing overbought signals. This week’s economic data could reveal whether markets remain resilient or face renewed volatility.

Markets enter a short yet data-packed week dangerously overbought, driven by Nvidia’s relentless climb despite tightening liquidity conditions. With implied volatility suspiciously low ahead of critical economic data and rising trade rhetoric, investors may be underestimating potential turbulence. Meanwhile, gold’s breakdown could signal deeper trouble ahead.

Stocks rose modestly on low volume as volatility remains compressed and investors position cautiously ahead of looming tariff deadlines and weaker data.

Stocks stall amid declining volumes, as Nvidia becomes increasingly overbought. Rising repo rates signal tightening liquidity pressures ahead of quarter-end.

Interesting times in the stock market. At 1 PM yesterday, it seemed the world was on the verge of collapse as the S&P 500 tested 5,950, seemingly poised to head…

Stocks swung wildly amid low liquidity, driven by Tesla’s sharp rally. Volatility fell sharply as geopolitical tensions eased, while key currency pairs reversed intraday and Treasury yields held critical support.

Oil surges from US-Iran conflict fuel inflation fears & rising rates. NASDAQ faces downside as technicals and post-OpEx volatility amplify market risks.

Stocks Flat as Fed Projects Slower Growth, Higher Inflation and Unemployment