Charting ETF Action in the A.M.
Positions: None.
Treasury Auctions, Fed Speakers, Economic Calendar
Treasury Auctions:
8:00 a.m.: Fed Treasury Repo Reference Rate; 11:30 a.m.: Treasury hosts an $89 3 and a $77B 6-Month Bill Auction
Fed Speakers
9:00 a.m.: Fed Board Governor Christopher (Voter) gives welcome remarks before the Fifth Conference on the International Roles of the U.S. Dollar hosted by the Federal Reserve Board, Washington, DC
(Text available. No Q&A. Livestream at https://www.federalreserve.gov/ and https://www.youtube.com/federalreserve )
Economic Calendar
Positions: None.
Charting the Percent Movers in the A.M.
Positions: None.
Oil Prices Continue to Fall: 8 Key Items Shaping the Stock Market Monday
Coke and the IRS, Google flexes its balance sheet, and other headlines are moving stocks this morning.
Rocky Start to Iran Deal, Charting LESS Volatility, Bracing for Price Data
Let’s check the latest on the Iran deal after a bumpy weekend; also, how the bears, bulls and … Sarge sees the chart of the S&P.
Valuation Worries Build as Investors Run Out of Positive Catalysts
There isn’t much left to drive the market higher as we await second-quarter earnings.
Charting the S&P 500: Can the Index Keep It Going?
The S&P handled some volatility last week, but a seasonally weak stretch is upon us.
New Position
New short position put on late Thursday.
From the Comments Section:
Dougie Kass
I shorted IWM at $295.67 near the close and after hours.
First time long time.
Position: Short IWM (S)
New Lows Expand While Semis Go Parabolic
It’s an either/or market, and you’re either in the favorite names or you might own something on the expanding new lows list.