FlowBank

353 days ago

S&P 500 has best pre-earnings performance since 2009 #trading $SPY

US Stocks just had their best performance ahead of earnings since 2009, per Bloomberg. Markets are looking at the brighter side of things, front-running central bank pivots*, and not pricing in hard-landing risks (that was 2022). *Going back to 1982, the S&P 500 has returned an average of 19% in the 12 months after interest rates peaked.

#Stocks

353 days ago

S&P 500 - Stuck in a 1-Year Long #Trading Range $SPY $QQQ
The S&P 500 Index has at most times traded in a range of roughly 3'800 to 4'200 for almost a year now. Could it re-test the lows or will it rise above 4'200 anytime soon?
#Stocks #Technical Analysis

356 days ago

Sentiment: #bears shift to neutral #stocks #trading $SPY
This is consistent with several strategist that were before bearish now shifting closer to neutral. Seen from outlooks, client notes, Tv interviews. Why? Moving to the soft-landing view. This is potentially slightly negative as a bigger crowd abandons the hard landing thesis. Remember, markets climb wall of worries. But still valuations will matter. Investors can’t ‘chase’ at any price. At some point market rhetoric will likely shift to valuations.
#Stocks

358 days ago

Lower #rates lift all boats, #stocks, #bonds, #gold it's all correlated

It's impossible to say where will interest rates be in 1 month, 2 years, or 5 years from now, but what we know is that assets are highly correlated. For bond investors, targeting one's desired maturity can help, but for most other asset classes, interest rates/dollar continue to be decisive in driving returns.

#Stocks #Bonds

359 days ago

#Bitcoin jumps to highest since June'22. How high can it go? #BTC $COIN $BITO

Bitcoin, the largest crypto by market cap jumped to its highest since June 2022. This is a strong testimony of the risk-on sentiment in the market right now. What should matter most besides crypto-related newsflow is the direction of the dollar and the overall market direction of tech stocks. Bitcoin has shown to advance together with tech stocks and when the dollar drops. The earnings season for Big Tech in 2 weeks should clear the air and offer direction for the near-term trading range.

#Stocks
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