by Thomas Thornton | Aug 31, 2021 | Daily Note
I'm talking about economists today Considering the markets are doing nothing I thought I'd discuss how they operate Spoiler alert: They are human and have biases just like everyone else Lot's of charts today: 3 month realized correlation with the S&P, Bonds...
by Thomas Thornton | Aug 31, 2021 | First Call
S&P and Nasdaq futures drifting a little lower in Tuesday morning trading, off some earlier strength. Comes after US equities put in a mixed performance on Monday. However, S&P and Nasdaq both hit fresh record highs, and growth meaningfully outperformed value....
by Thomas Thornton | Aug 30, 2021 | Daily Note
Just charts today. Getting a little closer with mega-cap custom indexes with new exhaustion signals nearing Sentiment remains extreme A bunch of charts including some ratio charts with NDX and Russell 2000 vs S&P 500 with several time frames Taking off TWTR...
by Thomas Thornton | Aug 30, 2021 | First Call
S&P and Nasdaq futures are up 0.1% in Monday morning trading after US equities finished higher last week. European markets are mostly higher (though the upside is limited) following a solid Asian session. Treasuries unchanged to slightly firmer with 10-year yields...
by Thomas Thornton | Aug 29, 2021 | The Week Ahead
The week ahead has a heavy load of US economic data which could be market moving The data will determine a lot with what the Fed will announce on September 22nd. I have some thoughts on probabilities based on Friday's Non-Farm Payroll data There are a few corporate...