The House pushed through a bill last Thursday aiming at getting rid of many of the Dodd-Frank reforms implemented post-Great Recession. The bill probably does not pass the Senate, but the very idea of less/lax regulations lit a fire under … Continued
Here is a brief review of period-over-period change in short interest in the May 16-31 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq The uptrend in short interest since the mid-January low this … Continued
Here is a brief review of period-over-period change in short interest in the May 1-15 period in nine S&P 500 sectors. XLB (SPDR materials ETF) Support at 51-plus was defended yet again on May 18. At the same time, bulls … Continued
U.S. financials are acting lethargic but they have so far managed to cling on to potentially crucial support. Post-presidential election last November, a fire was lit under U.S. financials. Intraday between November 9 and March 2, XLF, the SPDR financial … Continued
Here is a brief review of period-over-period change in short interest in the April 17-28 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq The composite (6120.59) is up 1.2 percent May-to-date, and is … Continued
Here is a brief review of period-over-period change in short interest in the March 31-April 13 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq – p/p, short interest ↑ 1.1%, Nasdaq composite ↓ … Continued
Last Wednesday, speaking to the Wall Street Journal President Trump said that the dollar was getting too strong and that it would eventually hurt the U.S. economy. In the past, he, as well as Treasury Secretary Steven Mnuchin, have made … Continued
Here is a brief review of period-over-period change in short interest in the March 15-31 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq – p/p, short interest ↓ 0.04%, Nasdaq composite ↑ 0.9% … Continued
Here is a brief review of period-over-period change in short interest in the March 1-15 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq – p/p, short interest ↑ 0.5%, Nasdaq composite ↑ 1.3% … Continued
Ten-year Treasury yields are not going along with the Fed’s tightening posture. This could be because of a technical reason or yields could be sending an ominous message. Yields reached a historic low 1.34 percent last July, and have been … Continued