Chinese markets lead the US market to a breakout
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DetailsSuspendisse rutrum tortor justo, eu sollicitudin nisl pretium et. In a elit ligula. Cras nisl lacus, volutpat!
DetailsEver wondered if the stock market open today? See below which days the NYSE, Nasdaq and bond markets take off in 2022. 2022 Market Holidays Date Holiday NYSE Nasdaq Bond Markets* Monday, Jan. 17 Martin Luther King Jr. Day Closed Closed Closed Monday, Feb. 21 Presidents’ Day/Washington’s Birthday Closed Closed Closed Thursday, April 14 Maundy…
DetailsThis is a touchy subject but we at TNI do swing $ARKK. It is important to keep an eye on this ETF because it shows us how the high valuation/ high growth market is doing, and therefore for overall risk sentiment. We are agnostic about Cathie Woods – I do not buy her hype nor…
DetailsThis week is starting on the backfoot following a very weak close on Thursday with Friday closed for Good Friday. Bonds selloff is not running out of steam as the 10 Year yield keeps breaking out with 3% a virtual certainty. Inflation is front and center and although many economists are calling for March numbers…
DetailsThomas Lee is a Managing Partner and the Head of Research at Fundstrat Global Advisors. He is characterized as a Perma Bull. To be frank, in Equities, a Perma Bull is much better than a Perma Bear. He does seem to get a lot of heat for his bullish views from the pessimist crowd. I…
DetailsThe yield on the benchmark 10-year Treasury note touched 2.91%, reaching levels not seen since late 2018. As discussed in the previous post, 3% 10-year yields are coming very fast. St. Louis Fed president James Bullard told CNBC’s Steve Liesman on Monday that “quite a bit has been priced in” in terms of Fed actions but…
DetailsUS 10 Year yields are still sitting at the highs, firmly marching towards the 3% mark. Have we reached a local bottom in stocks? I am not sure but yields up, stocks up, oil down. We will remain volatile as the earnings season is ongoing. Pretty risk-on day nonetheless. Fed Evans came in moderating somewhat…
DetailsNetflix ($NFLX) shed more than $55 billion in market cap, down 36% on the day, as the stock got destroyed on the first subscriber loss in more than 10 years. NFLX Quotes by TradingView Increased competition, easing mandates, and more people spending time outside as well password sharing have contributed massively to the loss of…
DetailsTesla beat analysts’ expectations on top and bottom lines for Q1 2022. Earnings per share: $3.22 vs $2.26 expected Revenue: $18.76 billion vs $17.80 billion expected Loup Capital’s Gene Munster first reaction: Elon Musk also thinks inflation is worse than reported. We agree – no brainer here. Tesla is up 6% After-hours On another news, Bill Ackman…
DetailsWhat a day! It was close to a bloodbath as the selling intensified and stocks were offered all day. Not one break. The Dow Jones Industrial Average traded lower by 368.03 points, or 1.05%, to close at 34,792.76. The S&P 500 dropped 1.48% to 4,393.66, and the Nasdaq Composite slid 2.07% to 13,174.65. The story…
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