Meta Joins OpenAI, Anthropic With High-Profile Hack: 8 Key Items Shaping the Stock Market Thursday
SpaceX IPO lockup expiration begins, Fed blowback and other headlines moving stocks this morning.
Charting the Premarket Percent Movers
Positions: None.
ETF Action in the A.M.
Positions: None.
Fed Appearance, Econ Calendar
5:30 p.m. St. Louis Fed’s Alberto Musalem (Non-Voter) speaks on the U.S. economy and monetary policy before the Center for Public Policy Debate (CDPP) (Virtual access available, moderated Q&A expected, text anticipated)
Positions: None.
Market Indecision: War Uncertainty, Wacky Econ Data, Fake News?
Investors are stuck dealing with more questions over the state of the Strait, economic data that doesn’t quite make sense, and accusations of fake news.
Chart of the Day
Position: None
The Risk of a Bull Trap Is Increasing
The market mood has improved this week, but fundamentals are still under debate.
2 Tweets Likely to Get Attention
There will likely be a lot of discussion about these two tweets today:
Position: None
Oscillator Further Overbought
The S&P Short Range Oscillator moved into a greater overbought at 2.12% vs. 1.77%.
Position: Short SPY (M), QQQ (S)