The Closer – Price and Breadth on Different Wavelengths – 6/26/24

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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out with a note on the latest earnings and the Nasdaq 100 (page 1) followed by a dive into today’s new home sales (page 2) with commentary regarding affordability and homebuilders (page 3).  We then look into the historic divergence between price and breadth (pages 4 and 5). Afterward, we show the relative strength of market cap versus equal weight sector ETFs (page 6).  We then turn over to the latest EIA data (page 7) and the latest 5 year note auction (page 8).

See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!

The Closer – Cruises, Credit Cards, Consumer Confidence – 6/25/24

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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin with a look at the earnings of Carnival Cruises (CCL) followed by a rundown of consumer confidence (pages 1 and 2).  Next, we review credit card delinquencies data (page 3) and the technical setups of metals and agricultural commodities (page 4).  We close out with a recap of today’s 2-year note auction (page 5).

See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!