As you’re surely aware, keeping up with the CFTC positioning data is mandatory these days. It’s kind of like Trump’s Twitter feed. You don’t want
Day: February 3, 2017
Behold: A Whole Bunch Of “Bull”Sh*t
Now, look. The thing about predicting the future is that you can’t ever really be “wrong” if you don’t put an expiration date on your prediction.
Good Jobs, Bad Jobs
It’s like they’re micromanaging this thing by the hour…
Elizabeth Warren Is Not F*cking Amused With Trump’s Dodd-Frank Rollback
“We’re finding out whose side Trump is really on”…
Chart Check (“Not Again Please”)
Stocks have become completely disconnected from rates and FX in terms of vol. That’s a dangerous thing because it only corrects in one of two ways: 1) rates and FX vol subside, or 2) equity vol rises. When if equity vol rises, your stocks will likely get hit.
Chart Check (“There Are Only Two Ways This Corrects Itself”)
There are only two ways that this corrects itself and one of them is bad for your stocks…
The Mystery Of Friday’s “Somehow Disappointing” Jobs Number
I mean look, I get it. And I’m sure you do too. Hourly earnings missed and it looks like the 0.1% m/m growth was the lowest since last August. If you’re so inclined you can read into that something about consumer spending and consumer spending is three fourths of the economy. And on, and on. It’s not rocket science. But…
On Payrolls Friday, One Trader Asks: “Are You Feeling Lucky?”
Here we are on payrolls Friday after a week in which a lot of sh*t happened. But really, when you think about it, not much
January Payrolls Beat, Unemployment Ticks Higher
227K vs. 180K est.
Friday Morning Humor (“Our New Reality”)
“To be clear, this is actually happening”…
Key Calls (Friday): Upgrades, Downgrades & Initiations
Are your stocks on the list?
Daily Kickstart (US Payrolls Awaited, China Tightens, BoJ Flouts Trump)
“Non-Farm Friday is no time to plead exhaustion,” Bloomberg’s Richard Breslow wrote earlier this morning as we look to close out a rather trying week
Goldman’s January NFP Preview
It was a busy week. The BoJ. The Fed. A blowout ADP report. The BoE. The Brexit white paper. Snapchat’s S-1. An Iranian missile launch.
