Category: Blog
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END OF DAY REPORT EQUITIES, FUTURES & OPTIONS
A slew of hawkish Fed speak caused money markets rates to creep up to a 40% implied June hike while we still await a resolution to the debt ceiling debacle
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DOOMSDAY SCENARIO, Here’s what could happen if the debt ceiling is breached ?
WHAT IS THE DEBT CEILING EXACTLY? The whole concept of a debt ceiling itself was built by federal lawmakers during World War One. It gave the U.S. Treasury the ability to issue bonds without congressional approval, but only if the total debt of the federal government stayed under a specified “ceiling”. Now every government has […]
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DAY TRADE IDEAS MAY 18th
Emini SP 500, Nasdaq, Emini Dow Jones 18 May, 2023 Emini S&P June broke out of the 60 points range & should meet strong resistance at 4200/4210 again. I am watching to see if a head & shoulders forms on the short term chart, but the neck line is at 4055/4050, so it could be […]
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MORNING MINUTE EQUITIES, FUTURES & OPTIONS MAY 18th
optimism is abound about a deal being reached on the debt ceiling and with the US set to run out of money in about two weeks, a deal must be struck soon to avoid total disaster
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Good news on the debt ceiling negotiations, which lent to a very risk on tone with the S&P rallying 1.25% and rates taking note of the hawkish sentiment from the Fed speakers to push higher to day too.
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DAY TRADE IDEAS MAY 17th
Emini SP 500, Nasdaq, Emini Dow Jones 17 May, 2023 Emini S&P June remains trapped in a frustrating, volatile, trendless sideways pattern, holding a range of just 60 points last week & only 36 points so far this week. Frustrating but I just cannot find opportunities in these conditions. I am watching to see if […]
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MORNING MINUTE EQUITIES, FUTURES & OPTIONS MAY 17th
LIGHT ON OVERNIGHT NEWS AS WE SIT TIGHT AND AWAIT THE CONCLUSION OF THE DEBT CEILING DEBACLE
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END OF DAY REPORT MAY 16th
Markets were down after hawkish tones from the Fed speakers today while debt limit meeting was productive the two sides are still far apart
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MORNING MINUTE EQUITIES, FUTURES & OPTIONS MAY 16th
A lot of potential news out today with Retail Sales and a bunch of Fed speakers, not to mention President Biden’s meeting with McCarthy to discuss the debt limit
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END OF DAY REPORT EQUITIES, FUTURES & OPTIONS MAY 15th
Banks had a very strong day but caution remains in the market as we wait in hope that the politicians on Capital Hill can figure out a compromise in the debt ceiling debacle.