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Category: S&P 500

Nomura’s McElligott Is Back, Has ‘Bigly Updates’ (Quote)

February 6, 2019February 6, 2019

“…a number of important developing trends.”

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7 Comments on Nomura’s McElligott Is Back, Has ‘Bigly Updates’ (Quote)

‘After A Year-Long Interruption, The Reflation Trade Is Returning’: JPMorgan

February 5, 2019

And that should be good for stocks, the bank reckons.

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Howard Marks: ‘I Don’t Believe We’re In A Bubble, I Don’t Think We’re Going To Have A Crash’

February 5, 2019October 26, 2021

“To me, it just confirms that markets are psychologically volatile.”

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3 Comments on Howard Marks: ‘I Don’t Believe We’re In A Bubble, I Don’t Think We’re Going To Have A Crash’

What Stocks Usually Do When The Fed Is Done Hiking (And Why History Is Not A Good Guide)

February 4, 2019

Being Jerome Powell is a pretty thankless job. 

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3 Comments on What Stocks Usually Do When The Fed Is Done Hiking (And Why History Is Not A Good Guide)

The Anticipated CTA Flip To ‘Max Long’ US Stocks Is Here: Nomura’s McElligott

February 4, 2019

“The unfortunate disclaimer is this”…

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1 Comment on The Anticipated CTA Flip To ‘Max Long’ US Stocks Is Here: Nomura’s McElligott

Back To The Drawing Board

February 3, 2019October 26, 2021

“What does all this mean?”

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4 Comments on Back To The Drawing Board

Nomura’s McElligott: Fed Now ‘De Facto’ Easing, CTA Model To Flip ‘100% Max Long’ On Nasdaq

January 31, 2019January 31, 2019

“Let’s be real though”…

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5 Comments on Nomura’s McElligott: Fed Now ‘De Facto’ Easing, CTA Model To Flip ‘1005 Max Long’ On Nasdaq

‘Nobody Move, Nobody Gets Hurt’: Nomura’s McElligott Weighs In On Market ‘Standoff’ Ahead Of Key Events

January 29, 2019January 29, 2019

For now, folks seem content to “rent” the risk rally.

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3 Comments on ‘Nobody Move, Nobody Gets Hurt’: Nomura’s McElligott Weighs In On Market ‘Standoff’ Ahead Of Key Events

As S&P Guns For Best January Since 1990, Risks Abound

January 29, 2019January 29, 2019

Mind the land mines.

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Buybacks Of The ‘Highest Quality’ And More To Come (Says One Bank)

January 28, 2019

If you’re looking for a relatively positive narrative…

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Cognitive Instability And The Fed’s ‘Addiction Liability’

January 26, 2019October 24, 2021

“We are troubled with the opinions we have of things and not by the things themselves.”

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2 Comments on Cognitive Instability And The Fed’s ‘Addiction Liability’

Nomura’s McElligott Delivers ‘Hugely Important’ CTA Update, Is Happy Bridgewater’s Jensen Confirmed Recent Risk Parity Musings

January 24, 2019

Guess what, sports fans?

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3 Comments on Nomura’s McElligott Delivers ‘Hugely Important’ CTA Update, Is Happy Bridgewater’s Jensen Confirmed Recent Risk Parity Musings

‘We’ve Squeezed The Max Amount Of Blood From The Stone’: Why Nomura’s McElligott Sees A ‘Re-Correction’

January 22, 2019

“I see scope for Spooz to revisit 2525 level over the next two weeks.”

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1 Comment on ‘We’ve Squeezed The Max Amount Of Blood From The Stone’: Why Nomura’s McElligott Sees A ‘Re-Correction’

Revisiting The Subverted Perspective: Normalization Parallax

January 19, 2019January 19, 2019

“…the reality which they experience is never fully complete, not because a large part of it eludes them, but because the entire configuration contains a ‘blind spot’.”

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6 Comments on Revisiting The Subverted Perspective: Normalization Parallax

‘Mean Aversion’: Why Grantham’s GMO Thinks The US Stock Bubble Is Bursting

January 18, 2019January 18, 2019

“…our advice, consistent with our portfolio positions, is to continue to own as little U.S. equity as career risk allows.”

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2 Comments on ‘Mean Aversion’: Why Grantham’s GMO Thinks The US Stock Bubble Is Bursting

A Two-Front War, Tariff Headline Hockey And The Updated ‘SG Swan Chart’

January 17, 2019

The bottom line is that Trump has predictably boxed himself in.

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2 Comments on A Two-Front War, Tariff Headline Hockey And The Updated ‘SG Swan Chart’

Mad Greeks.

January 17, 2019October 24, 2021

“However, a move down through 2575 in SPX”…

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Narrative Check: Brexit, Trump, China Stimulus And An Update On Charlie’s CTA Model

January 16, 2019

Ok, it’s time for “narrative” check – as it were.

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1 Comment on Narrative Check: Brexit, Trump, China Stimulus And An Update On Charlie’s CTA Model

If Stock Selloff Comes Back, Rich People May Buy Fewer Watches, ‘Pleasure Boats’, Goldman Warns

January 15, 2019October 24, 2021

Bummer.

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1 Comment on If Stock Selloff Comes Back, Rich People May Buy Fewer Watches, ‘Pleasure Boats’, Goldman Warns

Sophia Don’t Fail Me Now: One Bank Worries ‘Algo Rally’ Will ‘Run Out Of Steam’

January 15, 2019January 15, 2019

Who knows – maybe ask Sophia.

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3 Comments on Sophia Don’t Fail Me Now: One Bank Worries ‘Algo Rally’ Will ‘Run Out Of Steam’

Politics As Usual: Full Week Ahead Preview

January 13, 2019October 24, 2021

Risk on, but for how long?

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Goldman Warns On S&P Earnings Downside From Deteriorating Macro Outlook

January 11, 2019

The coming “litmus test”.

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‘Retail Flush’, Two Ways

January 10, 2019

This is the vaunted “wealth effect” – only in reverse.

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Albert Edwards Says It’s Too Late For Fed To Save Stocks, While One Strategist Delivers Curve Causality Counterpoint

January 10, 2019January 10, 2019

“If we are indeed nearing the point where the Fed stops tightening (both QT and Fed Funds), should this offer investors confidence”?

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4 Comments on Albert Edwards Says It’s Too Late For Fed To Save Stocks, While One Strategist Delivers Curve Causality Counterpoint

What Caused The Q4 Stock Market Crash? Let’s Ask The News Team!

January 9, 2019October 24, 2021

Quantifying the contribution of various factors to the selloff via a news-based event-study approach.

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2 Comments on What Caused The Q4 Stock Market Crash? Let’s Ask The News Team!

Irony: Trump, Fearing Stock Selloff, Anxious To Strike Quick Trade Deal With China

January 8, 2019October 24, 2021

Poetic justice.

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7 Comments on Irony: Trump, Fearing Stock Selloff, Anxious To Strike Quick Trade Deal With China

Analyst Who Called Tech Selloff Says ‘Rolling Bear Market Is Complete’, But No All-Clear Just Yet

January 8, 2019January 8, 2019

Remember: none of the above is in any way, shape or form “influenced” by Mike’s self-professed “Chicago Bears fanaticism”.

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