Market Report May 11 2022

Market Report for May 11 2022

S&P 500 and Nasdaq

Market Trend:
Indexes May 11 2022

Market Volume:
NYSE Vol: 1.2 bln (Above)
Nasdaq Vol: 6.2 bln (Above)

Yields:
2-yr: +2 bps to 2.63%
3-yr: UNCH at 2.83%
5-yr: -7 bps to 2.92%
10-yr: -9 bps to 2.99%
30-yr: -8 bps to 3.13%

Comments:
Another volatile session on Tuesday which saw the major averages swinging around, although the session did see mega-caps outperform.

The session started off strong with the &P 500 gaining

Continue ReadingMarket Report May 11 2022

Market Report May 10 2022

Market Report for May 10 2022

S&P 500 and Nasdaq

Market Trend:
Stocks markets May 10 2022

Market Volume:
NYSE Vol: 1.2 bln (Above)
Nasdaq Vol: 5.9 bln (Above)

Yields:
2-yr: -6 bps to 2.61%
3-yr: -7 bps to 2.83%
5-yr: -6 bps to 2.98%
10-yr: -4 bps to 3.08%
30-yr: -1 bp to 3.21%

Comments:
Monday saw flimsy price action in the mega-cap stocks and the market saw volume that probably incorporated concerns about growth and rising rates.

No sector was immune from

Continue ReadingMarket Report May 10 2022

Market Report May 06 2022

Market Report for May 06 2022

S&P 500 and Nasdaq

Stock Market %:
DJIA: -3.12
Nasdaq Composite: -4.99
S&P 500: -3.56
UK FTSE 100: +0.13

Market Volume:
NYSE Vol: 1.1 bln (Above)
Nasdaq Vol: 5.2 bln (Above)

Yields:
2-yr: +11 bps to 2.72%
3-yr: +9 bps to 2.91%
5-yr: +13 bps to 3.02%
10-yr: +15 bps to 3.07%
30-yr: +16 bps to 3.16%

Comments:
A big volatile day with a lot of casualties for traders trying to trade this

Continue ReadingMarket Report May 06 2022

Market Report May 05 2022

Market Report for May 05 2022

S&P 500 and Nasdaq

Stock Market %:
DJIA: +2.81
Nasdaq Composite: +3.19
S&P 500: +2.99
UK FTSE 100: -0.9

Market Volume:
NYSE Vol: 1.1 bln (Above)
Nasdaq Vol: 5.4 bln (Above)

Yields:
2-yr: -15 bps to 2.61%
3-yr: -12 bps to 2.82%
5-yr: -11 bps to 2.90%
10-yr: -4 bps to 2.92%
30-yr: UNCH at 3.00%

Comments:
The whole of this week we have been waiting upon the Fed statement and finally, we

Continue ReadingMarket Report May 05 2022

Market Report May 04 2022

Market Report for May 04 2022

S&P 500 and Nasdaq

Stock Market %:
DJIA: +0.2
Nasdaq Composite: +0.22
S&P 500: +0.48
UK FTSE 100: +0.22

Market Volume:
NYSE Vol: 976 mln (Below)
Nasdaq Vol: 4.5 bln (Below)

Yields:
2-yr: +3 bps to 2.76%
3-yr: +1 bp to 2.94%
5-yr: -1 bp to 3.00%
10-yr: -4 bps to 2.96%
30-yr: -6 bps to 3.01%

Comments:
Tuesday was less bullish than the prior day with a hesitant bar for the S&P

Continue ReadingMarket Report May 04 2022

Market Report May 03 2022

Market Report for May 03 2022

S&P 500 and Nasdaq

Stock Market %:
DJIA: +0.26
Nasdaq Composite: +1.63
S&P 500: +0.57
UK FTSE 100: +0/47

Market Volume:
NYSE Vol: 1.1 bln (Below)
Nasdaq Vol: 4.8 bln (Below)

Yields:
2-yr: +4 bps to 2.73%
3-yr: +7 bps to 2.93%
5-yr: +10 bps to 3.01%
10-yr: +11 bps to 3.00%
30-yr: +11 bps to 3.06%

Comments:
The first trading day of the month saw tight stops being taken out with a

Continue ReadingMarket Report May 03 2022

Market Report Apr 29 2022

Market Report for Apr 29 2022

S&P 500 and Nasdaq

Stock Market %:
DJIA: +1.85
Nasdaq Composite: +3.06
S&P 500: +2.47
UK FTSE 100: +1.13

Market Volume:
NYSE Vol: 1.0 bln (Above)
Nasdaq Vol: 5.0 bln (Above)

Yields:
2-yr: +7 bps to 2.64%
3-yr: +8 bps to 2.81%
5-yr: +7 bps to 2.88%
10-yr: +5 bps to 2.86%
30-yr: +2 bps to 2.93%

Comments:
As partly expected and mentioned yesterday, we could well see a bounce. The market scare

Continue ReadingMarket Report Apr 29 2022

Facebook beats earnings expectation

Facebook chart

We exited the trade just over 2 months ago after reporting dismal earnings. Was that a mistake?

FB has traded nearly 20% lower from where we originally exited and has been dealing below our two main MAs.

Post-market FB is at 50MA but now needs to start to deal above this level.

Unless the market is very bullish about these numbers, the gap up would but almost account for the majority of enthusiasm from yesterdays

Continue ReadingFacebook beats earnings expectation

Market Report Apr 28 2022

Market Report for Apr 28 2022

S&P 500 and Nasdaq

Market Trend:
S&P 500 = Mixed
Nasdaq Composite = Mixed

Stock Market %:
DJIA: +0.19
Nasdaq Composite: -0.01
S&P 500: +0.21
UK FTSE 100: =0.53

Market Volume:
NYSE Vol: 993 mln (Below)
Nasdaq Vol: 4.6 bln (Below)

Yields:
2-yr: +2 bps to 2.57%
3-yr: UNCH at 2.73%
5-yr: +2 bps to 2.82%
10-yr: +5 bps to 2.82%
30-yr: +4 bps to 2.91%

Comments:
The Nasdaq undercut the prior day

Continue ReadingMarket Report Apr 28 2022

Market Report Apr 27 2022

Market Report for Apr 27 2022

S&P 500 and Nasdaq

Market Trend:
S&P 500 = Mixed
Nasdaq Composite = Mixed

Stock Market %:
DJIA: -2.38
Nasdaq Composite: -3.95
S&P 500: -2.81
UK FTSE 100: +0.08

Market Volume:
NYSE Vol: 997 mln (Below)
Nasdaq Vol: 5 bln (Below)

Yields:
2-yr: -8 bps to 2.55%
3-yr: -7 bps to 2.73%
5-yr: -6 bps to 2.80%
10-yr: -5 bps to 2.77%
30-yr: -3 bps to 2.87%

Comments:
An ugly day on the

Continue ReadingMarket Report Apr 27 2022

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