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The Bears Can Feel It In The Air
6 days ago by Michael Kramer @ IBKR Traders’ Insight

The S&P 500 was down about 1.6% heading into the FOMC meeting and Quarterly Refunding Announcement tomorrow.

What is Behind the Calm Oil Market?
6 days ago by Erik Norland @ IBKR Traders’ Insight

Oil prices are only around $82 per barrel amid geopolitical uncertainty and OPEC+ production cuts. Erik Norland, CME Group Chief Economist, discusses why crude oil appears so calm.

ADP: Private Employment Increased 192,000 in April
6 days ago by Calculated Risk @ Calculated Risk

From ADP: ADP National Employment Report: Private Sector Employment Increased by 192,000 Jobs in April; Annual Pay was Up 5.0%Private sector employment increased by 192,000 jobs in April and annual pay was up 5.0 percent year-over-year, according to the April ADP® National Employment ReportTM produced by the ADP Research Institute® in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”). ... “Hiring was broad-based in April,” said Nela Richardson, chief economist, ADP. “Only the information sector – telecommunications, media, and information technology – showed weakness, posting job losses and the smallest pace of pay gains since August 2021.” emphasis addedThis was above the consensus forecast of 180,000. The BLS report will be released Friday, and the consensus is for 210 thousand non-farm payroll jobs added in April.

Chart Advisor: Tesla Inc. – (TSLA)Chart Advisor:
6 days ago by Contributor Author @ IBKR Traders’ Insight

Until yesterday, Tesla (TSLA) had been stuck in the red zone of the SIA S&P 100 Index Report, spending much of that time at or near rock bottom. In the last few days, since the company released its latest earnings report and announced progress on both new mainstream lines of electric vehicles and driverless cars, the shares have roared back to life.

Technology: Still The Worst Sector
6 days ago by JC @ All Star Charts

I know I’ve already said it a lot over the past few months, but for those people in the back who may not be able to hear so well… THIS YEAR IS NOT ANYTHING LIKE LAST YEAR. The strategies that worked so well throughout 2023 are not the ones working this year. Last year’s leaders […] The post Technology: Still The Worst Sector appeared first on All Star Charts.

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COO Miller Buys 10,000 GSHD Shares
6 days ago by David @ All Star Charts

From the Desk of Steve Strazza and Alfonso Depablos The biggest insider buy on today’s list comes via two Form 4 filings by Mark Miller, president and COO of Goosehead Insurance Inc $GSHD. Miller reported the acquisition of 10,000 GSHD shares, equivalent to $580,650. Here’s The Hot Corner, with data through April 30, 2024: Two […] The post COO Miller Buys 10,000 GSHD Shares appeared first on All Star Charts.

Animal Spirits: Negative Arbitrage
6 days ago by sean @ A Wealth of Common Sense

On today's show, we discuss: - Michael vs. StubHub - Inflation at Disney is undefeated - 30 years of stock market returns - The bond market correction rolls on - ARKK is finally seeing an exodus - Corporations are taking advantage of consumers - The biggest AI winners - The new normal of housing prices, and much more! The post Animal Spirits: Negative Arbitrage appeared first on A Wealth of Common Sense. ...

LEARNING NEW SKILLS #SelfImprovement #PersonalDevelopment #TradingFOrBeginners
6 days ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

Learning new skills is key to growing & you know what they say... "If you're not growing, backward is where you'll be going" #SelfImprovement #PersonalDevelopment #TradingFOrBeginners

Wednesday: FOMC Announcement, ADP Employment, Construction Spending, Job Openings, ISM Mfg, Vehicle Sales
7 days ago by Calculated Risk @ Calculated Risk

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday: • At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:15 AM, The ADP Em...

Financial Sector (XLF) May Tip Stock Market’s Next Move
7 days ago by Andrew Nyquist @ See It Market

The stock market is showing resiliency in the face of the recent selloff. Clearly, the major stock market indices were overbought and a pause in the action was inevitable. Thus far, the pullback hasn’t been too severe. This has both bulls and bears wondering if this 3 week pause is over. The issue is that […] The post Financial Sector (XLF) May Tip Stock Market’s Next Move appeared first on See It Market.

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Stocks Plunge with Key Earnings On Tap
7 days ago by StockCharts TV @ StockCharts.com YouTube Channel

04.30.24: Final Bar host David Keller, CMT welcomes Gina Martin Adams, CMT CFA of Bloomberg Intelligence. David highlights a spike higher in the VIX, and charts names for earnings including AMZN, AMD, SMCI, SBUX, MCD, PYPL, and ETN. Gina shows how rising interest rates continue to put pressure on the relative performance of the technology sector. 📈 Dave's chart tracking Bitcoin's test of the 60K level: https://schrts.co/GwfcQYaj 👀 See what better financial charting can do for you! Start your FREE 1-month trial today at https://stockcharts.com 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj 00:00 Welcome to the Show! 01:31 Market Recap 10:43 S&P 500 Large Cap Index ($SPX), QQQ Trust (QQQ), S&P 500 ETF (SPY) 15:00 Bitcoin to US Dollar ($BTCUSD), Apple (AAPL), NVIDIA (NVDA) 18:22 McDonalds (MCD), PayPal (PYPL), Eaton (ETN) ...

The Trading Coach Podcast - 966 - My Trading White Whale
7 days ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

My ultimate goal as a trader & an introspective look at why achieving might be good or problematic. LEARN TO TRADE at https://tieronetrading.com/

Look Up!
7 days ago by Sean McLaughlin @ All Star Charts

My family and I recently embarked on a memorable 4-day journey to Redwoods National & State Parks in the breathtakingly rugged landscape of extreme Northern California. Words alone cannot do justice to the majesty of this region, nor can mere photographs fully encapsulate its grandeur. To truly grasp its magnificence, one must stand amidst the […] The post Look Up! appeared first on All Star Charts.

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When Silver Looks Bad, It’s Been a Sign of a Bottom
7 days ago by Michele Schneider @ See It Market

Silver is pulling back sharply and it’s worth noting in the context of the broader market and trading or portfolio setups. But before getting into that, it’s worth noting that not much has changed in the world of inflation predictions. The dollar is rangebound. The yields have topped out. The Federal Reserve has stagflationary issues […] The post When Silver Looks Bad, It’s Been a Sign of a Bottom appeared first on See It Market.