May 12, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out tonight with an overview of today’s price action in the bonds of a couple of crypto stocks (page 1) followed by a look at some rallies elsewhere in bond markets (page 2). We then recap today’s PPI data (page 3) and the 30-year bond auction (page 4).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
May 11, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin tonight with a rundown of Fed news and Fedspeak followed by earnings recaps (page 1). We then take a look at intraday reversals at 52-week lows (page 2) as well as the historic drawdown in municipal bonds (page 3). We follow up with a 10-year auction recap (page 4). Pivoting to macro data, we dive into today’s CPI print (pages 5 and 6) and the latest update of EIA data (page 7).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
May 10, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin tonight with a rundown of the notable earnings reports out after the closing bell (page 1). Next, we take a dive into the latest Senior Loan Officers Survey (pages 2 – 5). We follow up with a recap of corporate bond yields and today’s stellar 3-year note auction.
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
May 9, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we take a look at the historic drop in the S&P 500 Energy sector (page 2) and natural gas (page 3). We then pivot over to a look at the huge declines in cryptos (page 4). Turning to macro data, we dive into consumer inflation expectations (pages 5 and 6). We also cover this week’s upcoming Treasury auctions (page 7) and provide a weekly rundown of speculator positioning data (pages 8-10).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
May 5, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, tonight, we show a decile analysis of which Russell 3,000 stocks were the worst performers today (page 2). Staying on the topic of today’s declines, we show how rare it has been for the Nasdaq to rally 3%+ one day and erase it all the next (page 3). On the topic of earnings, we go over tonight’s reports (page 1) in addition to an update on triple plays including a breakdown by sector (page 4). We then take a look at how many commodities are in backwardation (page 5) before switching over to a rundown of unit labor costs and productivity (pages 6 and 7).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
May 4, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we took a look at the market’s performance on this particular Fed Day. After some choppy action initially in reaction to the 2 PM FOMC rate hike of 50 bps, the S&P 500 ripped 3.33% from 2:35 PM ET through the close. The catalyst for the move came when Chair Powell answered “no” when CNBC’s Steve Liesman asked him if 75 bps rate hikes were on the table. Bond yields fell sharply in conjunction with the rally in stocks as financial markets clearly viewed the comments as dovish relative to what was expected coming into today’s meeting.
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
