Bullish Developments on Equity Index Charts

What’s is today’s report: Bullish developments on the equity index charts, • Is there a finally a rival to treasuries? If so, what are the short and long term implications? Futures are little changed and more…

OPEC’s Catch-22

OPEC’s Catch-22 Explained, ISM Manufacturing PMI Analysis, futures are modestly lower as the Trump-Xi “trade truce” continues to be digested this morning while the yield curve flattened further overnight, underscoring growth concerns, the major underlying story this morning is the yield curve as the 2’s-10s spread compressed to new lows overnight (13bp) and the 2’s-5’s actually inverted. and more.

What the Trade Truce Means for Markets

What The U.S./China Trade Truce Means for Markets, Four Keys to A Bottom Updated: Getting Closer, but Not There Yet, Weekly Market Preview, Weekly Economic Cheat Sheet (All About Growth and Jobs) and more.

Trump/Xi Meeting Preview

Trump/Xi Meeting Preview: The Good, the Expected & the Ugly, there are no economic reports today and just one Fed speaker, Williams (1:00 p.m. ET), but he won’t move markets. So, markets should be in a general holding pattern ahead of the G-20 and I’d expect a quiet day and more.

Was Powell’s Speech a Bullish Gamechanger?

Was Powell’s speech a bullish gamechanger? No, oil update – another bearish report, the unexpected Winner from Powell’s Speech (Yield Curve), today focus will be on economic data, and the most important report will be the Core PCE Price Index (E: 1.9%). and more.

The Volatility Index to Watch (Not VIX)

The more important volatility index to watch, was Clarida hawkish?, investor focus will be primarily on the Fed today as one of the two “events to decide the year” will happen over the lunch hour with Powell speaking in New York at 11:30 a.m. ET., on trade, the Washington Post printed another Trump interview overnight and more.

Sevens Report’s Tom Essaye appeared in Yahoo Finance on November 23, 2018

Sevens Report’s Tom Essaye appeared in Yahoo Finance on November 23, 2018. His take on oil, market volatility, stocks and more.