Treasury yield spreads continue to move if not into a healthy configuration, at least a healthier-looking direction.
This has been a tough year for traders; let's step back and look at commodities, oil, the dollar and gold -- and see what could 'normalize' the bond market.
The FOMC continues to fiddle despite evidence inflation is peaking or has peaked and while all of Rome is burning down around them.
Charts slide further and lack reversal signals.
Trends are relative to time frame, and energy traders must decide which bet to make -- and when to make it -- as I see a big swing ahead.
Is a Fed pivot near? Not necessarily. However, at least one of the Fed's key thinkers is at least doing just that... thinking.
An oversold bounce is no surprise, but how long will it last?
The Fed was too easy for far too long and now will be too tight, probably for far too long.
Don't worry, if you're conservative and have little room for error, what I'll show you here would make a great paper trade for educational purposes, too.
It wasn't that long ago the masses assumed being short the dollar was the 'easy' trade.
It's clean-up time.
Let's perform an intermarket correlation check, and see how commodities moved vs. themselves and the buck -- and what to expect next.
All hail the new bull. Same as the old bull? Not a chance.
Can or will any of these revived meme names strike while the iron is hot, so to speak?
The commodity has fallen back into the pre-war trading pattern.
These names are are growing their earnings and dividends thanks to $90+ oil.
Monday's trading action reminded me of a quiet bus ride into the mayhem.
The longer-term trend is still to the downside, but the short-to medium-term trend has improved as has relative strength.
Enough portfolio managers are acting out of a fear that they missed the very tradeable mid-June bottom and may have been under-invested over the past month.
There is a way to hedge cash positions in a portfolio while we wait to see if this is a bull trap or the real deal.
Russian energy giant Gazprom has apparently invoked 'force majeure,' for its failure to deliver natural gas shipments to European clients in recent weeks.
Watch these key price levels.
The FOMC flat out tells us here that they are willing to damage the economy in order to get a handle on and tamp down consumer-level inflation.
Earnings season kicks off in about 10 days. It does not look to the plain eye that analysts are ready.
It's possible, but unlikely, as we've yet to see the commodity complex hold gains forged in a bull market.
Is Defense recession proof? Not in 'normal' peacetime, but maybe this time.
There was a time when Covid vaccine news was headline material. Not now, though, and this news could matter.
Despite Wednesday's hit, XLE remains the only sector SPDR ETF still up year to date (+34.8%).
Now is not the time to build longer-term positions.
there was a high level of professional participation on Thursday and almost all of it was on the same side of the market.