Trade Secrets
Trade Secrets
Is it really? Here’s the thing with normalcy bias. People can’t deal with the ultimate bad news so they deny it could it happen. Its bad business for the media and government to be promoting disaster scenarios.
Trade Secrets
US Stocks open mixed as Brent crude tops $100 a barrel for the first time since July's wartime peak — after CENTCOM destroyed five Iranian crude oil carriers on Tuesday in retaliation for two ballistic missile attacks on a US Navy warship
Trade Secrets
US Stocks open lower after the long Labor Day weekend as fresh US-Iran strikes over the holiday weekend send Brent crude surging above $98, the 10-year Treasury yield climbs to 4.80% and the 30-year to 5.27%
Trade Secrets
Do you remember that Monday? Its was September 15, 2008 and I was doing the Forex show at Caesar’s the preceding Saturday where one well known speaker told a crowd of about 500 people to buy call options the day before the market started to crash.
Trade Secrets
August's crypto rally took a breather this week as Fed Chair Warsh's first speech at the Jackson Hole summit reversed sentiment. After briefly breaking past $80K on three attempts, BTC pulled back as Warsh kept a September rate hike on the table, pushing market-implied odds to ~60%.
Trade Secrets
US Stocks open broadly higher after August nonfarm payrolls smash expectations — 162,000 jobs added versus the 53,000–56,000 consensus — slashing September rate hike odds back toward 50/50 from the near-certainty that had built after Warsh's Jackson Hole speech
Trade Secrets
US Stocks open flat to mixed on the penultimate session before the long Labor Day weekend as Snowflake's 24% surge and Dell's blowout echo across the software tape while Broadcom's guidance miss and HPE's margin warning weigh on hardware names
Trade Secrets
US Stocks open mixed as Dell's extraordinary earnings triple — adjusted EPS of $7.04 versus the $4.91 estimate on revenue up nearly 60% year-on-year — collides with the weakest ADP private payroll print since January
Trade Secrets
US Stocks open September under pressure as two oil tankers — one Saudi, one South Korean-owned — were struck by projectiles in the Strait of Hormuz overnight in the latest sign the six-month Iran war is locked in an unbreakable stalemate
Trade Secrets
US Stocks open lower to close out August as Warsh's unexpectedly hawkish Jackson Hole debut pushes September rate hike odds above 60%, oil surges back above $90 on renewed US-Iran strikes, and gold slides $50
