Trade Secrets

US Stocks open sharply lower as Trump's weekend rejection of Iran's Hormuz proposal — combined with a Wall Street Journal report that he plans to restart bombing Iran after the November 3 midterms — sends WTI crude surging above $96

US Stocks open modestly higher to close out a brutal four-losing-week stretch for the Dow as Costco's blowout quarter — Q4 revenue of $95.72 billion and same-store sales of 9.4%, both beating consensus — provides a powerful counternarrative to the week's consumer anxiety

Everyone gets inundated with the AI bubble that some of us almost forgot to check the banks. I did because its that time of year. In case you were wondering and I knew you were, the BKX topped in February 2007, a full 8 months before the rest of the market.

S Stocks open flat to slightly lower as Wednesday's brutal reversal — the worst session in three weeks — lingers in premarket, with the 10-year Treasury yield having surged to 5.11% on scorching September flash PMIs showing multi-year highs in input and output price inflation

US Stocks open mildly positive heading into the week's most data-heavy session as a Trump-Iran three-hour meeting on the sidelines of the UN General Assembly — described by Trump as "a very good meeting" — extends Brent crude's decline to a sixth consecutive session

Tim Knight was quoted as saying if Friday wasn’t a red candle, the bulls win the FOMC contest. Friday wasn’t exactly a green candle but it doesn’t inspire the bearish case either.

US Stocks open mixed to flat as Monday's AI-led euphoria — which saw AMD cross $1 trillion in market value for the first time

US Stocks open broadly higher to start the final week of September as Brent crude falls for a fourth straight session — its longest losing streak in three months — Nasdaq 100 futures surge to 30,007 for the first time since August

The Main Event is upon us and at first blush, futures is not sure what to make of it. You’ll never see a better high wave candle in any time frame. This is how the week just opened. Its either a lack of conviction, confusion or both.

Bitcoin has recently shifted toward a digital gold regime. Its 90-day correlation with gold is at +0.56 while its correlations with equities and the dollar sit near zero — a combination last seen in 2020 and 2023