6 months ago
Weekly Outlook June 17-19: 📊
News/Sentiment:
- Industrial output in china lagged expectations in May, june rate cut likely to ease property market slump 🏠
- Chinese wealth rush offshore for better investment opportunities in Hong Kong and Macau (3 B inflows in April) 💸
- KashKari Fed President expects a rate cut once, potentially in December. Emphasis on inflation and economic data 📊
News/Sentiment:
- Industrial output in china lagged expectations in May, june rate cut likely to ease property market slump 🏠
- Chinese wealth rush offshore for better investment opportunities in Hong Kong and Macau (3 B inflows in April) 💸
- KashKari Fed President expects a rate cut once, potentially in December. Emphasis on inflation and economic data 📊
6 months ago
In response SolenyaResearch to his Publication
Events This Week:
- Tuesday:
- AUD: Interest rate decision💸
- EUR: CPI📈
- US: retail sales, Atlanta Fed GDP now📊
- Wednesday:
- UK: CPI, PPI 🇬🇧
- Thursday:
- UK: Interest rate decision 💸
- US: Jobless claims, Atlanta Fed GDP Now (Q2) 📊
- JPY: CPI 🇯🇵
- Earnings: Kroger 📊
- Friday:
- EUR: Manufacturing, services, PMI 🇪🇺
- US: Fed monetary policy report 📊
- Tuesday:
- AUD: Interest rate decision💸
- EUR: CPI📈
- US: retail sales, Atlanta Fed GDP now📊
- Wednesday:
- UK: CPI, PPI 🇬🇧
- Thursday:
- UK: Interest rate decision 💸
- US: Jobless claims, Atlanta Fed GDP Now (Q2) 📊
- JPY: CPI 🇯🇵
- Earnings: Kroger 📊
- Friday:
- EUR: Manufacturing, services, PMI 🇪🇺
- US: Fed monetary policy report 📊
Risk Appetite
- market fear/greed = 38 😬
- market breadth = Extreme Fear 😨
- put/call = extreme greed 💸
- junk bond vs investment grade = extreme Fear 😨
- AAII sentiment: 7% higher than average bullish sentiment 📈
- crypto fear/greed = 71 greed 🤑
- high yield bond premium = 3.2% (no change) 📊
- high yield effective yield = 7.5% (slight decrease) ⬇️
- market fear/greed = 38 😬
- market breadth = Extreme Fear 😨
- put/call = extreme greed 💸
- junk bond vs investment grade = extreme Fear 😨
- AAII sentiment: 7% higher than average bullish sentiment 📈
- crypto fear/greed = 71 greed 🤑
- high yield bond premium = 3.2% (no change) 📊
- high yield effective yield = 7.5% (slight decrease) ⬇️
6 months ago
In response SolenyaResearch to his Publication
6 months ago
(E)
In response SolenyaResearch to his Publication
Market Breadth
- Percentage of $SPX stocks above 200D MA: = 51 % (Decrease from last week) 📉
- Percentage of $SPX stocks above 50D MA: = 37% (Decrease from last week) 📉
- Percentage of $SPX stocks above 20D MA: = 26% (hitting levels not seen since April and Jan bottoms this year) 📊
- NASDAQ new highs - new lows = -89 (hit levels not seen since April and November last year) 📊
- SPY 52 week highs - 52 week lows =-271 (hit levels not seen since April and November last year) 📊
- SPY New highs - New lows = Monthly 54 ; Weekly 36 📊
Other:
- Fed rate monitor tool = 90% probability of no change nex
- Percentage of $SPX stocks above 200D MA: = 51 % (Decrease from last week) 📉
- Percentage of $SPX stocks above 50D MA: = 37% (Decrease from last week) 📉
- Percentage of $SPX stocks above 20D MA: = 26% (hitting levels not seen since April and Jan bottoms this year) 📊
- NASDAQ new highs - new lows = -89 (hit levels not seen since April and November last year) 📊
- SPY 52 week highs - 52 week lows =-271 (hit levels not seen since April and November last year) 📊
- SPY New highs - New lows = Monthly 54 ; Weekly 36 📊
Other:
- Fed rate monitor tool = 90% probability of no change nex
