Weekly Commentary: Dr. Li Wenliang

2020-02-09

The S&P 500 rallied 3.2% this week (trading to all-time highs Thursday), more than reversing (by 1.5 times) the previous week’s 2.1% decline. Ten-year Treasury yields rebounded as well, yet the eight bps rise was less than half the previous week’s 18 bps drop. Commodities markets couldn’t muster any recoveryRead More →

Weekly CEF Commentary | January 12, 2019

2020-01-31

(This report was published to members of Yield Hunting on Jan. 12. All data herein is from that date. This is a rare posting of our weekly commentary with a two-week lag). Macro Picture The conflict in the Middle East appears to be subsiding, allowing the volatility index to retreatRead More →

Weekly Commentary: Coronavirus And The End Of Boom And Bust

2020-01-26

The market week began with cases of the coronavirus jumping to 222, including four outside China. China’s National Health Commission confirmed human-to-human virus transmission. By Friday, more than 1,200 infections had been confirmed, with 41 deaths (8,420 under observation according to the Washington Post). China on Thursday suspended flights andRead More →

Oil futures on track to book a second weekly decline

2020-01-17

Oil futures struggled for direction on Friday, seesawing between modest gains and losses, with prices on track to register a loss for a second week in a row. Traders continued to weigh the prospects for energy demand in the wake of the China-U.S. trade deal on Wednesday and Senate approvalRead More →

XLK Weekly: Breakout Higher Early Week Before Price Discovery To 92.29s, New All-Time Highs – Technology Select Sector SPDR ETF (NYSEARCA:XLK)

2019-12-29

In this article, we examine the significant weekly order flow and market structure developments driving XLK price action. As noted in last week’s XLK Weekly, the highest probability path for this week was for price discovery higher, barring buy-side failure at key support, 89.96s. This primary expectation did play outRead More →