Con la scadenza delle opzioni di agosto sull’S&P500, il movimento di oggi ha confermato la "Pinning Strategy" facendo scendere il future fino al minimo di 4350 sui livelli di Open Interest. #sp500#options#future#spx500#PinningStrategy#cboe#cmegroup
https://t.co/edSXm8gaC6
DAX. Area 16000 discrìmine tra visione long-short
Il "sell on the news" sul livello di 16000 pt non si è verificato, la cifra tonda ha rappresentato per ben 2 volte un livello di supporto per le ripartenze. Target di breve rialzista 16175-16185
https://t.co/fpTEjDt7Ey
A sharp and perpendicular drop of #USDCHF toward the January’s 2021 low around 0.8800.
More negative cues from the US Dollar Index #DXY than Swiss macroeconomic data.
#vix Waiting for the break-out of the trendline at 15.50. The most common scenario would be a strong acceleration of the trend towards its pivot at 18-20 pts #volatility#SP500
Saudi and Russia announced extension #Oil cut just before spot price would break pivot level of $65 a barrel, halfway point between lower price reached on April '20 and the higher price ($130) touched on March '22.
#OPEC was struggling to maintain the price in range of $70-$80
No doubt about the great work done so far by the Puts strike 4400 (open interest and volume) on the #0DTE (exp. Jun21 '23) on #S&P500 (ES). Be careful to breakdown of trendline, maybe an indication that a downward trend is starting.
SP500 is just a matter of rates. Analysts for Q4 '23 estimate Earnings growth rate of 8.2%. Forward 12m PE ratio for SP is 18.5, below 5y average (18.6) #Facset. For how long consumers and businesses can absorb the increase of cost of borrowing following the interest rate hikes?
The positioning of the option activity to strike 3.6 on #Copper#Future indicates the relevance of the level.
In addition, at the same level, we have the coincidence of the trendline and the 200 moving average. $HG
#NVIDIA is flying on premarket (+27% to $388) thanks to solid Q1 results, that topped the expectations, and an impressive outlook that skyrocketed the forecast for Q2 and Full Year. $NVDA
Do you see any slowdown in consumer spending in the United States in the second half of 2023? Here are a few clues directly from market perception about some stocks in Specialty Retail Store Industry belong to Consumer Discretionary Sector. $XRT $DKS $FL
Back to where it all started in the #RegionalBanks#sector.
The ability to recover depends on what the ##Fed decides in the future for rates and a strongest banks regulation #S&P1500
After being sleeper a bit, here goes the carry trade back in action #USDJPY broke up level 138.00
Dallas Fed President Logan says current data doesn't justify pausing rate hikes yet - CNBC
The Dow Jones Transportation are sinking 7.6% this week toward the 200 Moving Average (on weekly chart) due in part to a big selloff in United Parcel Service stock (-11.9%). It is a sign of an imminent recession in U.S. economy? #DJT#UPS