US equity futures, global stocks and crude oil surged for a second day on Tuesday as a “gust of optimism” swept across global equity markets as millions of Americans headed to vote. […]
US: Election Day: Futures, Oil Soar As Americans Hit The Polls
US: Here’s What Stocks Will Do After The Election According To Options Traders
According to a study by Bloomberg’s quants Lily Gu and Bryan Liang, who looked at how options markets are positioned for the election, the market is split in two in terms of […]
In Moment Of Brutal Honesty, JPMorgan Says Economic Disaster And More Lockdowns Will Be Great For Stocks
After reading months of ridiculously goalseeked Wall Street commentary, where first a Trump victory was the best outcome for stocks (at a time when Trump was seen as a favorite to win), […]
Futures Rebound From Overnight Tech Wreck
On Monday we presented readers with the latest observations from BofA quants who pointed out that Q3 earnings “smacked of the tech bubble” because despite impressive beats, in many cases stocks dropped (or outright […]
“Priced To Perfection” Microsoft Smashes Expectations, But Shares Barely Budge
Yesterday, Bank of America said that Q3 earnings season “smacks” of the tech bubble because just like in Q1 2000, when companies beat top and bottom line expectations, their stock was not rewarded and […]
S&P Futures Fall, Naz Tumbles On Goldman Tech Downgrade, “Stimulus Pessimism”
Just as “stimulus (and covid vaccine) optimism” was the go to “explanation” for the market’s ramp in the past few weeks, so “stimulus (and covid vaccine) pessimism” is being trotted out to […]
Futures Jump On “Large-Scale” Deal Optimism
Just two days after a Trump tweet “crushed” hopes for any more fiscal stimulus talks, optimism for not just a stimulus deal but for a “large-scale” deal is back front and center, after the […]
Global Markets Rise On Continued “Stimulus Optimism”
“Explanations” for overnight market moves have drifted from the merely comical and veered into the surreal. Case in point, this morning Bloomberg writes that “futures contracts on U.S. equity indexes rose, suggesting gains […]
More Stocks Have Risen By 400% This Year Than Any Year Since 2000
If the SPAC boom minting new billionaires every day and the NASDAQ raging to new highs almost daily weren’t enough to give 2020 a certain “1999 vibe”, perhaps some additional stunning statistics […]
Futures Flat After Trump Returns To White House, Ahead Of Powell Address
S&P futures drifted following yesterday’s surge to 3,400 following news that Trump was returning to the White House ahead of a 1040am ET speech by Fed Chair Powell in which expected to […]
