Connect with us

Uncategorized

S&P 500’s Modest Upswing Rejection; Powell Speaking

S&P 500 offered a fine session to those looking for the daily advance to be dialed back. We‘ve seen another weak push higher premarket that still…

Share this article:

Published

on

This article was originally published by Value Walk
S&P 500

S&P 500 offered a fine session to those looking for the daily advance to be dialed back. We‘ve seen another weak push higher premarket that still respected my key 4,065 – 4,080 zone. As I outlined in yesterday‘s very extensive analysis, it‘s about Powell delivering upon the bare minimum bond market expectations or not (short end of the curve)– all within the context of a larger stock bear market.

Keep enjoying the lively Twitter feed serving you all already in, which comes on top of getting the key daily analytics right into your mailbox. Plenty gets addressed there (or on Telegram if you prefer), but the analyses (whether short or long format, depending on market action) over email are the bedrock.

Get The Full Ray Dalio Series in PDF

Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

Q4 2022 hedge fund letters, conferences and more

 

So, make sure you‘re signed up for the free newsletter and that you have my Twitter profile open with notifications on so as not to miss a thing, and to benefit from extra intraday calls.

Let‘s move right into the charts (all courtesy of www.stockcharts.com).

S&P 500 And Nasdaq Outlook

S&P 500

Modest upswing rejection, leaving one more day of selling to be desired. Powell can deliver that catalyst, and keep it alive by leaving enough of tightening guessing room available for non-farm payrolls and CPI. 4,015 would be a support harder to break.

Credit Markets

Credit Markets

Also this bond market reversal needs more selling, especially on the junk end. The TLT move by itself is though promising enough. Risk-off winds howling in the distance.

 

Thank you for having read today‘s free analysis, which is a small part of my site‘s daily premium Monica’s Trading Signals covering all the markets you’re used to (stocks, bonds, gold, silver, miners, oil, copper, cryptos), and of the daily premium Monica’s Stock Signals presenting stocks and bonds only. Both publications feature real-time trade calls and intraday updates.

While at my site, you can subscribe to the free Monica‘s Insider Club for instant publishing notifications and other content useful for making your own trade moves.

Turn notifications on, and have my Twitter profile (tweets only) opened in a fresh tab so as not to miss a thing – such as extra intraday opportunities. Thanks for all your support that makes this great ride possible!

Thank you,

Monica Kingsley

Stock Trading Signals

Gold Trading Signals

Oil Trading Signals

Copper Trading Signals

Bitcoin Trading Signals

www.monicakingsley.co

[email protected]


All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice.

Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind.

Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make.

Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.



Share this article:

Uncategorized

‘When it comes to M&A people just shoot in the dark’ – Bristow

Published

on

Continue Reading
Uncategorized

IRS To Boost Enforcement Workforce By 40% By Year-End 2024

Published

on

Continue Reading
Uncategorized

3 Magnificent Stocks to Buy on the Dip: February 2024

Published

on

Continue Reading

Trending