7 months ago
Weekly Outlook June 10-14:
🚨Large amount of economic data this week. Expect volatility.🚨
News/Sentiment:
- Market is looking forward to CPI, PPI and FOMC📈
- high importance on FOMC on Wednesday and the post meeting statement👀
- Goldman Sachs are anticipating the first rate cut in September💰
- Markets anticipating a drop in UK jobs leading to BoE starting its rate cutting cycle📈
- Asia markets cautioned over BoJ reducing QE💼
🚨Large amount of economic data this week. Expect volatility.🚨
News/Sentiment:
- Market is looking forward to CPI, PPI and FOMC📈
- high importance on FOMC on Wednesday and the post meeting statement👀
- Goldman Sachs are anticipating the first rate cut in September💰
- Markets anticipating a drop in UK jobs leading to BoE starting its rate cutting cycle📈
- Asia markets cautioned over BoJ reducing QE💼
Events This week:
- Tuesday:
- UK: Employment data💼
- Wednesday:
- UK: GDP
- GER: CPI
- US: CPI, Interest rate decision, FOMC, rate projections🏦
- Thursday:
- US: jobless claims, PPI📊
- JPY: BoJ interest rate decision📈
- Friday:
- FRA: French CPI📊
- US: Fed monetary policy report📈
- Tuesday:
- UK: Employment data💼
- Wednesday:
- UK: GDP
- GER: CPI
- US: CPI, Interest rate decision, FOMC, rate projections🏦
- Thursday:
- US: jobless claims, PPI📊
- JPY: BoJ interest rate decision📈
- Friday:
- FRA: French CPI📊
- US: Fed monetary policy report📈
7 months ago
In response SolenyaResearch to his Publication
7 months ago
In response SolenyaResearch to his Publication
Risk Appetite
- market fear/greed = 45🔀
- market breadth = extreme fear🚨
- put/call = greed🏅
- junk bond vs investment grade = neutral💶
- AAII sentiment: on par with historical averages
- crypto fear/greed = 72 greed🤑
- high yield bond premium = 3.2% (slight increase)📈
- high yield effective yield = 7.6% (slight decrease)📉
- market fear/greed = 45🔀
- market breadth = extreme fear🚨
- put/call = greed🏅
- junk bond vs investment grade = neutral💶
- AAII sentiment: on par with historical averages
- crypto fear/greed = 72 greed🤑
- high yield bond premium = 3.2% (slight increase)📈
- high yield effective yield = 7.6% (slight decrease)📉
7 months ago
In response SolenyaResearch to his Publication
Market Breadth
- Percentage of $SPX stocks above 200D MA: = 54% (Decrease from last week)
- Percentage of $SPX stocks above 50D MA: = 42% (Decrease from last week)
- Percentage of $SPX stocks above 20D MA: = 30% (decrease from last week)
- NASDAQ new highs - new lows = -31
- SPY 52 week highs - 52 week lows =-167
- SPY New highs - New lows = Monthly 87 ; Weekly 9
Other:
- Fed rate monitor tool = 96% probability of no change
- Percentage of $SPX stocks above 200D MA: = 54% (Decrease from last week)
- Percentage of $SPX stocks above 50D MA: = 42% (Decrease from last week)
- Percentage of $SPX stocks above 20D MA: = 30% (decrease from last week)
- NASDAQ new highs - new lows = -31
- SPY 52 week highs - 52 week lows =-167
- SPY New highs - New lows = Monthly 87 ; Weekly 9
Other:
- Fed rate monitor tool = 96% probability of no change
