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May 23, 2023 3 tweets 2 min read Read on X
“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 Image
“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

bloomberg.com/news/articles/…
What is your take (trade/positioning) on the S&P 500 major #StockMarket index? $SPY $SPX

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More from @macrodailyco

Jun 14, 2023
📰🚨 @federalreserve #FOMC pause it is! 🏦🛑

A thread... 🧵/👇🏼 https://t.co/KmMf70uttj
2/🧵 Updated @federalreserve #FOMC "Dot Plot"...

"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…
Read 5 tweets
Jun 8, 2023
Sector rotation(s) should be a sign of “healthier” market participation, however only time will tell… 🔄📊

$SPY $SPX $IWM $RUT $QQQ $NDX $DIA $DJIA #stocks #macro #economy #earnings Image
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? 🔄📈

📊h/t @OnTheTapePod @RiskReversal_ @GuyAdami @CarterBWorth for the chart note💡

$SPX… twitter.com/i/web/status/1… Image
$NDX / $RUT (@Nasdaq/Russell 2000 Small Caps) ratio coming off levels not seen since the 00' .com bubble/bust... 🔄📉⚠️

$SPX $SPY $IWM $RUT $DIA $DJIA #stocks #macro #economy #earnings $TSLA $APPL $MSFT $NVDA $AMZN $META $GOOGL Image
Read 5 tweets
Mar 6, 2023
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… Image
3/🧵 Here are the rest of of the “7 Fear & Greed Indicators” (per @CNNBusiness): 🐂📈 vs. 🐻📉

— Market Momentum (Greed)
— Stock Price Strength (Extreme Greed)
— Stock Price Breadth (Neutral)
— Put/Call Ratio (Greed)
— Market Volatility (Neutral)
— Safe Haven Demand (Greed)
—… twitter.com/i/web/status/1… ImageImageImage
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… Image
Read 19 tweets
Mar 6, 2023
🗓 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)… 🧵/👇🏼

$SPY $SPX ⬆️✅
$QQQ $NDX ⬆️✅
$DIA $DJIA ⬆️✅
$IWM $RUT ⬆️✅

#stocks #StockMarket #bonds #macro
1/🧵 Daily #StockMarket Sector Performance:

🍽 $XLP ⬆️✅
🏥 $XLV ⬆️✅
🏘 $XLRE ⬆️✅
📡 $XLC ⬆️✅
🛢 $XLE ⬆️✅
🏭 $XLI ⬆️✅
🤖 $XLK ⬆️✅
🏨 $XLY ⬆️✅
🏦 $XLF ⬆️✅
🪵 $XLB ⬆️✅
⚡️ $XLU ⬆️✅
2/🧵 Daily 🇺🇸 🏦 Treasury Market & Currency Performance: 💵💴💶💷

$DXY ⬆️✅
$TLT ⬆️✅
$HYG ⬆️✅
3mo ⬆️✅
2yr ⬇️🔻
10yr ⬆️✅
30yr ⬆️✅

#bonds #interestrates #Currencies #macro
Read 4 tweets
Feb 5, 2023
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)... 🧵/👇🏼

#macro #economy #earnings #stocks #StockMarket #bonds

morganstanley.com/pub/content/da…
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

#macro #earnings #stocks #StockMarket #bonds
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

#macro #earnings #stocks #StockMarket #bonds $SPY $SPX
Read 12 tweets
Jan 16, 2023
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... 🧵/👇🏼

📊h/t @RealEstateCafe
1/🧵 "44% year/year drop in ⁦@MBAMortgage
⁩ Purchase Index is largest decline on record." 🇺🇸📉

📊h/t @LizAnnSonders @bloomberg

#realestate #realestateinvesting #FederalReserve #interestrates #macro #realator #mortgagerates
2/🧵 Affordability "threshold" for housing, via the @AtlantaFed 🏡

📊h/t @NewsLambert

#realestate #realestateinvesting #FederalReserve #interestrates #macro #realator #mortgagerates
Read 26 tweets

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