Search Results for: McElligott

“It’s all a US dollar trade,” Nomura’s Charlie McElligott said Monday, while recapping the trio

[Editor’s note: By the close Thursday, the Nasdaq 100’s gain was 7.5%] The dramatic, knee-jerk

On Wednesday afternoon, in response to a reader comment, I noted that although the impact

Thursday’s reversal in US equities was one “for the ages,” as one mainstream media outlet

There’s a “light at the end of the tunnel.” That’s according to Nomura’s Charlie McElligott,

“Why were they forced into this at a time where they’re seemingly so keen on

Reduced to the basics, market participants harbor a somewhat binary outlook on inflation and monetary

“Bleeders all over the place,” Nomura’s Charlie McElligott said Thursday, as the recession choir sang.

The dramatic bond selloff that blindsided US equities less than 24 hours after Jerome Powell’s

A very bad month for US equities closed on a decidedly dour note Friday, when

“Numb.” That’s how Nomura’s Charlie McElligott described market participants’ disposition vis-à-vis never-ending Fed banter centered

The mechanical rally that found US equities closing out an otherwise abysmal quarter on a

“Stuff is breaking,” macro assets are chaotic and “burning,” but “goofy-ol’” stocks continue to press

The Fed put on what counted as a brave face this week, when the dot

“Everything’s a meme stock!”, Nomura’s Charlie McElligott exclaimed, in a Thursday note. He was referring

At least for the next several days, market participants will focus on the proverbial “plumbing,”

On Thursday afternoon, following a truly absurd reversal on Wall Street that found US equities

The standoff in eastern Europe is a “buzzkill” for what may have otherwise been a

Notwithstanding wild post-earnings crashes for a trio of large-cap growth favorites culminating in Facebook’s historic,

Plainly, Jerome Powell risked further destabilizing fragile US equities at the January FOMC press conference.

Market participants exhibited signs of “constructive” behavior during an otherwise dour start to the holiday-shortened

In the immediate aftermath of the Fed’s hawkish pivot at 2021’s final policy meeting, I

Fatigue is in the air as 2021 winds down and rates look to Wednesday as

Over the weekend, I noted that the marked spike in realized vol precipitated by last

A dramatic selloff on Wall Street pushed US equities to the brink of key levels

The standard, boilerplate copy on days when weakness across equities reverses during the cash session

Melt-up, crash down and (likely) crash up. That’s one sequencing possibility in US equities, according