Oct 23, 2018
Log-in here if you’re a member with access to the Closer.
Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we review price action in the S&P 500 and homebuilders. We also make the case that significant declines in the pace of auto sales are unlikely given robust vehicle miles traveled and review recent earnings beat and miss rates in Europe.
See today’s post-market Closer and everything else Bespoke publishes by starting a 14-day free trial to Bespoke Institutional today!
Oct 22, 2018
Log-in here if you’re a member with access to the Closer.
Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we look at historical analyses based on price action in the US equity market, US dollar, and gold. The US equity market has declined from open to close three times in a row over the three sessions, while closing within 50 bps of the 200-DMA. That’s only happened a few times since our data begins in the early 1980s, and we take a look at what it means for returns going forward. Meanwhile the US dollar is at new 52-week highs and gold is acting pretty constructively based on one technical indicator. Finally, we review today’s Chicago Fed National Activity Index release and how bank and broker CDS are trading.
See today’s post-market Closer and everything else Bespoke publishes by starting a 14-day free trial to Bespoke Institutional today!
Oct 19, 2018
Looking for deeper insight on global markets and economics? In tonight’s Closer sent to Bespoke clients, we recap weekly price action in major asset classes, update economic surprise index data for major economies, chart the weekly Commitment of Traders report from the CFTC, and provide our normal nightly update on ETF performance, volume and price movers, and the Bespoke Market Timing Model. We also take a look at the trend in various developed market FX markets.
Below is a snapshot from today’s Closer highlighting positioning of speculators in foreign exchange futures. If you’d like to see more, start a free trial below.
The Closer is one of our most popular reports, and you can sign up for a free trial below to see it!
See tonight’s Closer by starting a two-week free trial to Bespoke Institutional now!
Oct 18, 2018
Log-in here if you’re a member with access to the Closer.
Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we take a look at market trends including the fact that all S&P 500 sectors are in drawdowns over 3%, the yield curve is still steepening despite equity market declines, and the relative performance of stocks and commodities. We also take a close look at the volatility market and correlations across stocks before moving on to economic data. While the economic signal from Conference Board leading indicator data was positive today, manufacturing activity indices look toppy and high transportation costs are starting to tamp down freight volumes.
See today’s post-market Closer and everything else Bespoke publishes by starting a 14-day free trial to Bespoke Institutional today!
Oct 17, 2018
Log-in here if you’re a member with access to the Closer.
Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we take a look at some market developments in the US including breadth, real yields, and the term structure of volatility markets. We also dive into housing data updated today by the US Census, the extreme valuation levels for homebuilders, and some observations from fixed income.
See today’s post-market Closer and everything else Bespoke publishes by starting a 14-day free trial to Bespoke Institutional today!
Oct 16, 2018
Log-in here if you’re a member with access to the Closer.
Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we discuss what types of stocks have led the rally off the bottom from last Thursday, as well as the technical developments over the last few sessions that make this rally look even more attractive. As far as economic data today, industrial production was solid, and oil production continues to impress despite relatively low capacity utilization in manufacturing. Finally, we dive into the blow-out job openings number reported today by the BLS.
See today’s post-market Closer and everything else Bespoke publishes by starting a 14-day free trial to Bespoke Institutional today!
