U.S. Added Fewer-Than-Expected 114,000 Jobs, Unemployment Jumped
U.S. Added Fewer-Than-Expected 114,000 Jobs, Unemployment Jumped. Hiring slowed for the third straight month in July.
View ArticleA Role Reversal in Grain and Cattle Markets?
Grain markets have been under heavy pressure for a while now while cattle futures remained firm. Is a role reversal in order now that we've turned the calendar over into August? Insights by Oliver Sloup.
View ArticleThat Was the Week That Was
Where to begin? The 2-day bout of volatility, the good and the bad kind? The continuing “routation”? Apple (AAPL) eking out a gain, though muted because so much good news had been priced in? Amazon...
View ArticlePanic Hits Wall Street on Huge Payroll Miss: Aug. 2, 2024
Market players are panicking as a result of trouble in Japan and this morning’s nonfarm payroll report that depicts rapidly deteriorating labor conditions.
View ArticleChart advisor: Bitcoin: Yesterday, Today, and Tomorrow
Bitcoin, a digital currency created in 2008, operates on a decentralized network, allowing direct transactions without banks. With a 5-month falling channel pattern in sight, history is not likely to...
View ArticleThe Final Peak Week of the Q2 Season Begins Amid Souring Economic Data
Last week started out with disappointing results from McDonald’s and Microsoft, in the middle of the week both Fed commentary which nearly confirmed a September rate cut and outstanding Meta results...
View ArticleEconomic Update: August 5, 2024
Weekly Economic Update for the week of August 5, 2024: growth, jobs, profit, inflation, rates, risks, and investment themes.
View ArticleWeekly Market Recap: August 5, 2024
Much attention is now turning to the Sahm Rule, an economic indicator developed by Claudia Sahm that is designed to provide a real-time signal of the onset of a recession.
View ArticleApple Stock Leads Big Tech Drop. Worries About an AI Bubble Are Back.
Shares of Apple and those other major technology companies were falling early on Monday, with the wider market also selling off. Skepticism over the returns on investment in artificial-intelligence...
View ArticleDisney Stock Has a Lot to Prove This Week
It didn't take long for Walt Disney to go from being the belle of the ball to seeing its gold carriage turn into a pumpkin. Shares of Disney, which were trading 38% higher in 2024 at its March peak,...
View ArticleQuantitative Finance: Concepts, Tools, and Career Paths – Part III
Although Quantitative Finance is important to be studied by aspiring quants, it is a fact that a lot of people who are professional at trading knowledge are from all kinds of backgrounds.
View ArticleVolatility Soars to Pandemic Heights, Yen, Payrolls: Aug. 5, 2024
Markets are experiencing historic selling pressure on the back of a painful deleveraging process thanks to a sudden and unexpected surge in the Japanese yen.
View ArticleIBKR’s Hottest Shorts as of 8/01/2024
Use the Securities Lending Dashboard to analyze short sale metrics for these and other stocks. Largest Short Values of Stocks at IBKR Rank Stock Description 1 ABR ARBOR REALTY TRUST INC 2 DJT TRUMP...
View ArticleCarried Away, Then Carried Out
As those of us in the US awoke to carnage in a wide range of overseas markets and even cryptocurrencies, the following question came to me in my morning Wordle text group: Steve, how bad will it be...
View ArticleAugust Market Valuation Update
Here is the latest update for August from Validea’s market valuation tool. Rather than focusing on market-cap weighted indexes like the S&P 500, our tool focuses on the valuation of the average...
View ArticleUS Elections: Global Spillover Effects
In the fourth installment of our US elections series, we consider the consequences of changes in policy on economies and markets outside the United States. Given that a victory for any Democratic...
View ArticleStock Market Capitulation?
Following the powerful rise of the Japanese yen and the shortfall in US payroll growth, the IBKR Podcast team dissects the global stock market’s panic sell-off in search of capitulation.
View ArticleNonfarm Payrolls July 2024
Taking July payrolls at face value and accounting for revisions to prior months, we are now clipping along at ~170,000 new jobs per month (3-month average).
View ArticleUS recession fears prompt global market sell-off
On Monday, Japanese stocks set the stage with a 12.4% drop, and European stocks fell to a lesser extent, closing 2.2% lower. US markets tumbled, and the VIX volatility index briefly spiked above 60....
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