Mott Capital Management

This week’s CPI report comes a critical time for the US Economy.

Helped out by Nvidia, of course!

Stocks were flat today, and it appeared the bulls are just worn out.

Stocks were lower as Mid-East tensions rose and technology stocks melted.

The JPMorgan collar trade is now behind us.

Japan equity market is poised to fall on Monday, and yen strengthened materially on Friday.

Stocks are stuck in the mud, thanks to the JPM Collar.

stocks went a bit higher today, thanks to Nvidia.

Stocks were boring, so today we take a look at earnings trends.

If reserve balance held at the Fed actually still matter, this will be the week to prove that they do.

Stocks gapped higher, but little to gain after that.

Stocks were trading up and down following an unexpectedly dovish Fed rate decision.

9/17/24 #MACRO – $SPX, $NDX, $VIX1D #STOCKS – Stocks finished the day flat after a big opening move, with the gains vanishing in the afternoon. Implied volatility was bid for …

Stock finished mostly lower as Nvidia and the Semiconductors weighed.

This week is expected to see the TGA rise significantly

The yield curve is steepening, and if continues it could lead to more technology pain.

Stocks fell at first then rallied back in a roller coaster trading session.

The stock market was higher on Tuesday, but everything else seems a little wobbly.

Stocks managed to rally right too 2 big levels of resistance.

This week’s CPI report could miss expectations

Stocks were flat on the day, but rates and FX have moved into big positioned ahead of Friday.

Stocks were slammed on Monday as Nvidia melts.

9.2.24 #MACRO: $SPX, $NDX, $VIX, $USDCAD #STOCKS: $NVDA, Check out My Reading The Market’s Macro Subscription Service For More Content Daily – SEE LABOR DAY SALE RATES USD/CAD: It’s Alive …

A brutal day of trading followed Nvidia’s results.

The market was very nervous ahead of Nvidia’s results.

The big day comes tomorrow after the close of trading.

8.26.24 #MACRO: $NDX #STOCKS: $NVDA Check out My Reading The Market’s Macro Subscription Service For More Content Daily RTM: Long-Term Cycles Are Calling For A Major Market Top Live Sessions …

The market has been front running the rate cutting cycle for 2-years.

Stocks start the day higher, but took a midday turn lower.

Stocks rose, the VIX rose, the VVIX rose, the implied correlation index rose, the yield curve steepened…

Stocks stalled out on August 20, 2024 ahead of big job revision data.

Trading Volume today was just a bit higher than on July 3.

Last week’s market tailwinds will turn headwinds this week.

Stocks jumped on better initial jobless claims and retail sales.

Stocks finished the day mostly flat.

8/13/24 #Stocks: #Macro: #RATES, $USDJPY, $AUDJPY, $MXNJPY, $SPX Check out My Reading The Market’s Macro Subscription Service For More Content Daily:  Stocks Rally Ahead Of CPI RTM: Market Is Bracing …

Stocks finished flat ahead of a big week of market moving data.

If the yen carry trade in trouble and reserve balances falling, liquidity has suddenly vanished.

Well, it finally happened, stocks held a gain.

nasty day of trading

Stocks finished the week lower as the bulls head for the exits.

Second quarter update.

Video segment

It was a rough day for tech stocks again as the USDJPY fell.

Stocks finished little changed ahead of a big week of market moving news to come.

This will be a big week for the market and data.

#Stocks: $ #Macro: $SPX, $USDJPY $AUDJPY, $VIX Check out My Reading The Market’s Macro Subscription Service For More Content Daily:  RTM: Stocks Bounce Back RTM: Only The Beginning? RTM: FX …

Stocks got crushed on July 24, 2024, as the yen continues to unwind.

The Japanese Yen strengthen materially today against several FX pairs.

Stocks bounced back as implied volatility fell.

Stocks had a rough week, and may have put in major reversal tops.

Stocks drop for a second day.

The gap between the economic surprise index and the S&P 500 is growing wider.

Rotate!

The 2022-2024 S&P 500 has risen more than the bubble of the 1998 to 2000 bubble.

Wingstop has been struggling as of late.

The S&P 500 triggered a reversal pattern on the daily and the weekly technical charts on Friday.

Europe and the US markets are on separate roads at this point.

It appears the market has entered something that looks like the matrix.

Stocks finished the day mostly lower despite, the S&P 500 rising thanks to Nvidia.

Stocks finished lower on the day after Nvidia and Bitcoin both fell by more than 6%.

Inflation swaps suddenly think inflation has vanished, and that is a big concern.

The NASDAQ 100 has reached some wildly overbought levels on the weekly charts.

The VIX was pegged below 13 the day before OPEX.

The NASDAQ 100 is now seen a 100% extension and has potentially completed a pattern.

Stocks traded mostly lower today, even though S&P 2 finished the day higher

The S&P 500 climbed above 70 on the RSI and upper Bollinger band today.

Stocks were mostly lower on the day despite a higher S&P 500.

The VIX 1day implied volatility level closed the day 8, and is typically much higher heading into a CPI and Fed Meeting.

The last holdouts looking for July Rate cuts are capulating.

Stocks finished the day flat ahead of the big May Job report

Stocks finished higher on the back of another day higher for Nvidia.

The number of stocks trading lower today, outpaced the number of stocks rising.

The number of stocks that were down on the far outpaced the winners

The next 7 to 10 day trading will be filled with market moving data and news.

Stocks were down on the S&P 500, but there was a clear rotation taking place beneath the surface.

The market has a noticeably different feel to it the last couple of days.

5/28/24 #Stocks: $NVDA #Macro: $SPX, $DOW, #Rates, $USDMXN, VIX Mike’s Reading The Markets Macro Subscription Service on Seeking Alpha RTM: Looks Can Be Deceiving RTM: 3-Day Weekend Price Action RTM: …

The April PCE report will be important for the path of monetary policy, while housing data will be equally as important.

5/23/24 #Stocks: #Macro: $SPX, #RATES, #DOLLAR Mike’s Reading The Markets Macro Subscription Service on Seeking Alpha RTM: Stocks Fall Flat, Despite Nvidia Stock Split Surge RTM- Nvidia’s Option Positioning Heading …

Nvidia reported better than expected results, but the market expected that. Tomorrow we find out if they were good enough.

The stock market has stalled since last weeks CPI report, it would appears that is about ready to change.

Stocks finished the day flat, as implied volatility and rates rose, on hawkish Fed commentary.

Copper prices have surged 40% since Mid February.

implied volatility fell and stocks rallied following the CPI report, pretty much as expected.

It is CPI report time again.

Implied volatility is likely to continue to rise heading into the April CPI report.

This week should see implied volatility expand in a meaningful way at least until the release of the CPI report.

The latest data from the Fed showed that reserve balances have not bounced back.

Stocks finished flat today, but wider spreads and rising implied volatility suggested a reversal may be coming.

The first quarter of 2024 was a strong one for the broader S&P 500, but risk remain below the surface.

Stock rally, rates and the dollar rise.

Stocks, bonds, and the dollar all hit some critical levels of support and resistance on Friday.

Stocks managed to rebound on May 2, ahead of the big April Jobs report.

Stocks got there usual Volatility crush sending them higher, until it ran out of steam.

Stocks feel sharply on Tuesday April 30, 2024, and it is almost as if the bear can feel it in the air.

April 29 was a quiet day for markets, but don’t expect it to last.

This will be a very big week for data, the Fed and the Treasury.

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Starting tomorrow we get GDP and PCE ahead of nexts weeks alphabet soup of data and Fed meeting. Get Ready