The Closer – Doves Fly, Breadth Disconnect, Repo – 2/19/26

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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we lead off with some commentary regarding the latest pivots in Fedspeak in addition to the latest earnings reports (page 1).  Next up, we show this year’s disconnect between price and breadth (page 2) before switching into an overview of the latest happenings in repo markets (page 3).  We then round out tonight’s report with reviews of trade data (page 4) and regional manufacturing and jobless claims figures (page 5).

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

The Closer – Narrow Ranges, Minutes, Residential – 2/18/26

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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out by quantifying just how narrow of a range the S&P 500 has traded in so far this year (page 1).  The  we review the VIX (page 2) followed by a dive into today’s FOMC minutes and earnings (page 3). After a recap of today’s seasonally weak 20-year bond auction (page 4), we dive into today’s economic data like the NY Fed Business Leaders, industrial production, and residential construction releases (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!

The Closer – Migration, Earnings, Best of Breed – 2/17/26

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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin by showing the next pain points as a result of AI (page 1) followed by a dive into the strong showing by long bonds at auction this afternoon (page 2). After recapping claims (page 3) we then turn to an overview of the reversal in January home sales data (page 4). We cap off tonight’s report with earnings reviews (page 5).

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

The Closer – More AI Pain Points, Stellar Long Bonds – 2/12/26

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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin by showing the next pain points as a result of AI (page 1) followed by a dive into the strong showing by long bonds at auction this afternoon (page 2). After recapping claims (page 3) we then turn to an overview of the reversal in January home sales data (page 4). We cap off tonight’s report with earnings reviews (page 5).

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

The Closer – Employment Deep Dive, AI Breakout – 2/11/26

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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we lead off with a deep dive into the employment situation report (pages 1 – 3). We then review markets action today including the moves in bonds, the dollar, tech stocks, and more (pages 4 and 5). We cap off with an update on the latest petroleum inventory data (page 6).

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

The Closer – Earnings, Labor Data, Trading Range – 2/10/26

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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we kick off with a review of the latest labor market data including ADP and ECI figures (page 1). Then we recap the latest retail sales report the day’s Fedspeak (page 2). Next up is a recap of the latest earnings reports including those results from Ford (F), Lyft (LYFT), Robinhood (HOOD), and more (page 3). We then give a follow up on today’s Chart of the Day in looking at that S&P 500’s tight trading range (page 4) before capping off with an update of the latest sentiment data (page 5).

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