ALMOST EVERYWHERE RUNNING UP – SERIOUS DISCONNECTS

September 22, 2016 9:25 am / Published in * Trade Alert, FED, SPX
After the Fed’s statement, a serious disconnect is developing as almost everything almost everywhere is rallying strongly. The push higher in China, the rally in mining stocks in Europe. The drop in Japan. The SPX did not give an opportunity to enter long at 2150, I will be looking for a pull back targeting the

Fed keeps rates steady, signals one hike by end of year

September 21, 2016 6:22 pm / Published in FED
The U.S. Federal Reserve left interest rates unchanged but strongly signaled it could still tighten monetary policy by the end of this year as the labor market improved further. Data from https://fingfx.thomsonreuters.com/gfx/rngs/USA-FED/010021SN4EG/index.html    

$FED and $VIX

September 19, 2016 9:26 am / Published in FED, VIX
Looking Foward: The big news for the week is the Federal Reserve Minutes due out on Wednesday afternoon. Wednesday should be a noneventful day up until the minutes are released. This announcement will let us know if the Fed plans to keep rates the same in September or raise them. We expect the Fed to

Update Yellen started

August 26, 2016 10:10 am / Published in FED
Overall, I am neutral on Stocks, on the other hand, volatility is expected today. Yellen’s comments could trigger multi-weeks price shift as we have seen this year. GDP Q2 GDP-Second Estimate came at 1.1% vs. 1.1% consensus.  This is a weak number. Deflation Consumer Price Index in Japan came at -0.4% vs. -0.4% consensus.  Deflation

$FED Bullard – Repeats, single rate hike necessary over next two years

August 17, 2016 1:19 pm / Published in FED
BOSTON, Aug 17 (IFR) – FRB St. Louis President Bullard (2016 FOMC voter, dovish) is sticking to a call he made in early July in which sees a need for only one rate hike between now and June 2016. While addressing a research conference in St. Louis on wealth and asset management, Bullard restated his position that the

Week’s Event $SPX

June 22, 2016 9:48 am / Published in FED, Oil, SPX
Three Risk Events There are three risk events ahead. Brexit vote on June 23rd, this is the big one. Russell re-balancing on June 24th. Spanish elections on June 26th.                           Calm Before The Storm Markets are calm ahead of the storm.  The odds