“The momentum is clear, and positioning is increasingly one-sided. Longs outnumber shorts by more than 9 to 1,” said @Citi strategists led by Chris Montagu. “The few remaining shorts are all in loss, but a short squeeze is not likely to significantly impact markets.” $SPY $SPX
“Market participants have added $21 billion in new long positions on the S&P 500 futures, @Citi data showed. The weekly flow of new longs was one of the largest seen in recent years, it added.” @markets@Bloomberg $SPY $SPX
"The decision left the benchmark federal funds rate in a target range of 5% to 5.25%. Fresh quarterly @federalreserve forecasts showed borrowing costs rising to 5.6% by year end, according to the median projection, compared with… https://t.co/Ol3xsQSCE1twitter.com/i/web/status/1…
3/🧵 May 2023 vs. June 2023 @federalreserve #FOMC...
📝h/t @TheTranscript_
"Holding the target range steady at this meeting allows the Committee to assess additional information and its implications for monetary policy." https://t.co/0dgQueNnmWtwitter.com/i/web/status/1…
Has the $IWM / $SPY ratio (S&P 500/Russell 2000 Small Caps) finally reached oversold territory, as #tech takes a breather & the broader market looks to soak up some of the liquidity flows? 🔄📈
2/🧵 Looking at the latest @CNNBusines “Fear & Greed Index”, the markets are still maintaining their GREED readings on the back of last weeks Thurs - Fri #StockMarket reversal rally that was triggered (all, or in-part) on the back of @federalreserve (non-voting) member Bostic’s… twitter.com/i/web/status/1…
3/🧵 Here are the rest of of the “7 Fear & Greed Indicators” (per @CNNBusiness): 🐂📈 vs. 🐻📉
4/🧵 Here is an update on #StockMarket breath, as we did see a pause on selling pressure as market breadth picked up Thursday into Friday’s close… $SPY $SPX
🟣 >20 Day (Current: 38%, Previous: 18%) 📉
🔵 >50 Day (Current: 51%, Previous: 44%) 📉
🟠 >200 Day (Current: 60%,… twitter.com/i/web/status/1…
🗓 Daily #Macro & Market Recap 📰 Let's dive into a quick thread recapping some of today's market moving events 🗞, data 📝, & charts 📈📉 for Friday (03/03/23)… 🧵/👇🏼
Here's a thread of (6) charts 📊 that are worth nothing from this last week's @MorganStanley Global Investment Committee (GIC) Weekly Report (01/30/23)... 🧵/👇🏼
1/🧵 "In the short run, flows, sentiment, positioning & technicals can be powerful drivers, while over the longer term, fundamentals like growth, profitability & productivity are critical, as are earnings surprises." @MorganStanley
2/🧵 "But sometimes, & for extended periods, markets can settle on one particular thesis, no matter how narrow or implausible." 📊h/t @MorganStanley@GoldmanSachs $MS $GS @Bloomberg
Wondering about latest news 📰 in the #realestate#housingmarket 🏡💵 with pricing, #interestrates, etc.? Here's an updated thread for January 23' that includes all the latest macro/market data... 🧵/👇🏼