May 3, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, after a recap of tonight’s notable earnings (page 1), we dive into today’s JOLTS and Atlanta Fed data showing ample evidence of a hot labor market (pages 2 & 3). Staying on macro data, we then review factory orders (page 4) and finish with an update of the Logistics Managers’ Index (pages 5 and 6).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
May 2, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, after a review of tonight’s major earnings reports including those of Avis Budget (CAR) and Clorox (CLX) to name a few (page 1), we show the cumulative decline from intraday highs to lows and some weak breadth measures (page 2). We then take a look at performance following similar intraday price action for the S&P 500 (SPY) to today (page 3). Next, we dive into high yield (page 4) and real yield (page 5) markets. Afterward, we provide an update on mortgage delinquencies (page 6) before closing out with a rundown of the latest speculator positioning data (pages 7-9).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
Apr 28, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin tonight’s note by diving into tonight’s earnings reports including the weak reaction of Amazon (AMZN) (page 1). We then show how small caps reclaimed earlier losses in today’s session and what that means for forward returns (page 2). Switching to macro data, we show why today’s GDP slowdown is not as worrying as it may sound (pages 3 and 4). We then provide the final April update of our Five Fed Composite (pages 5-7) before finishing with a rundown of today’s 7-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!
Apr 27, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out tonight’s note with a rundown of the important earnings released after the closing bell (page 1) followed by a look at the bond market carnage year to date (page 2). Turning to macro data, we then go over today’s housing releases (page 3) followed by dives into the latest data from the EIA (pages 4) and inventory and trade data (pages 5 and 6). We finish with a review of the 5-year note auction (page 7).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
Apr 26, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin tonight’s Closer by taking a look at how close major indices are to new 52-week lows after today’s heavy dose of selling. We also show how the best and worst stocks yesterday performed today (page 1). We then recap tonight’s notable earnings released after the bell (page 2). Turning to macro data, we review today’s new home sales figures (pages 3 and 4) and home price indices including the shift between low and high tax metros (page 5). We then dive into preliminary durable goods numbers (page 6), consumer sentiment’s turn lower (page 7), and the 2 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!
Apr 25, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, the S&P 500 (SPY) reversed an over 1.5% decline to close up 0.58% today. We take a look at what that means for the next day and beyond in tonight’s Closer as well as a couple of notable earnings out after the closing bell (page 1). Next, we show the historic disconnect between regional Fed surveys’ readings on present and future conditions (page 2) and provide an update of the Chicago Fed’s National Activity Index (page 3). We then preview this week’s Treasury auctions (page 4) before finishing with a rundown of the latest speculator positioning data (pages 5-7).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
