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Broadly-known ominously among investors as the "fear index" and launched by the Chicago Board Options Exchange (now the Cboe) in 1993, the Volatility Index (VIX) is meant to present the market's expectation of volatility over the coming 30 days. The metric is derived from options prices on the S&P 500 Index and captures the anticipated swings that drive investor...

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Just take a look on a rate cut expectations. In a short, the main technical graph is a difference (spread) between the nearest futures contract on FOMC interest rate (in this time Sept'24 ZQU2024) and the next one futures contract (in this time Oct'24 ZQV2024). It's clear that spread turned to negative in 2024, and heavily negative over the past several weeks....

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Bitcoin continues to retreat from the historical highs reached in the March quarter of 2024, as discussed in many previous posts, minds and publications. In nowadays BTC is declining to new local lows as the macroeconomic situation in the global economy worsens and volatility (uncertainty) in the market as a whole increases. The technical picture indicates a...

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Hermès International S.A. is a French luxury design house established on 15 June 1837. It specializes in leather goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches and ready-to-wear. Since the 1950s, its logo has been a depiction of a ducal horse-drawn carriage. Technical graph for Hermes stocks (US Dollars - denominated) indicates they...

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US stocks surprised much of Wall Street this year with a strong run that defied decades-high interest rates and recession calls. The rally was fueled by slower inflation and hype over artificial intelligence. But more recently, the Federal Reserve's unwavering higher-for-longer rate stance and a deepening bond-market rout have had a sobering effect on equities...

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US stock indexes closed mixed on Monday as investors awaited a massive wave of data this week. 171 companies within the S&P 500 are set to report their second-quarter earnings results this week, and expectations are high given the Nasdaq Composite (IXIC) 16% year-to-date rally. Some of the biggest companies including Apple, Microsoft, and Amazon will report...

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Indexes end lower as investors brace for major earnings results After the closing bell, Tesla and Alphabet released their second-quarter performance. Investors were especially attentive to the carmaker, looking to see if its performance has improved since the start of the year. Tesla was battered by a slew of headwinds in the first quarter, but investors have...

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Shares of Hoka-owner Deckers Outdoor rose in after-hours trading Thursday after the company handily beat Wall Street expectations in its fiscal fourth quarter. The stock was recently up 9.4% to $990, following a 1.3% rise at the close. Shares are up about 35% this year as of the close. The Goleta, Calif.-based shoe and apparel company, which also owns the Ugg...

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The Russell 2000 trailed the S&P 500 significantly in 2023, gaining about 17% compared to a gain of about 24% for the large cap index. That underperformance has spilled over into 2024. As of July 10, 2024 the Russell 2000 YTD is about Zero compared to a 17.75% gain in the S&P 500 (SPX) and 23.50 gain in Nasdaq Composite Index (IXIC). By the way, that valuation...

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MicroStrategy, the largest corporate holder of bitcoin, announced a 10-for-1 stock split on Thursday. The company said the shares will be split into class A common stock and class B common stock “to make MicroStrategy’s stock more accessible to investors and employees.” The move comes amid a lull for the price of bitcoin, which has been stuck in a tight range...

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Inflation is finally cooling off as inflation gradually loosened its grip on Wall Street and the economy in 2023, raising hopes for a gentler Federal Reserve and further gains for the market in 2024. Stocks rallied to their best 9-weeks stripe over the past 20 years in November and December, 2023 (so-called 'Santa Rally') as investors raised their bets that the...

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The Russell 2000 trailed the S&P 500 significantly in 2023, gaining about 17% compared to a gain of about 24% for the large cap index. That underperformance has spilled over into 2024. Year-to-date, the Russell 2000 is about 2% compared to a 7% gain in the S&P 500. By the way, that valuation measures make the small cap Russell 2000 index much more compelling when...

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FAANG is an acronym that stands for five major, highly successful U.S. tech companies: Meta (formerly Facebook), Amazon, Apple, Netflix, and Google. FAANG stocks' performance has a substantial effect on the overall market and comprises 15% of the S&P500 Index SP:SPX . If you follow the financial or business news, you may have seen or heard the term FAANG...

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NIKE Inc. or Nike is an American multinational company specializing in sportswear and footwear. The company designs, develops, markets and sells athletic footwear, apparel, accessories, equipment and services. The company was founded by William Jay Bowerman and Philip H. Knight more than 40 years ago, on January 25, 1964, and is headquartered in Beaverton,...

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Small caps still look like good long-term play despite Russell 2000 backlog in the first half of 2024 vs Large Cap S&P500 Index (SPX) and tech-heavy Nasdaq Composite (IXIC) and Nasdaq-100 indices (SPX). As of July 10, 2024 the Russell 2000 YTD return was about Zero compared to a 17.75% gain in the S&P 500 (SPX) and 23.50% gain in Nasdaq Composite Index...

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It's gone a week or so, since Elon Musk gave Bill Gates advance warning last Tuesday not to truffle with him again. The Microsoft cofounder faces annihilation if he makes any further attempt to bet against Tesla. That’s because Musk believes he will have transformed the carmaker into an AI colossus worth a staggering $30 trillion as soon as Tesla completes its...

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Tesla's shares rose after the announcement of new models. Tesla shares (TSLA) rose 12 percent in post market trading on Tuesday, tracking gains in the U.S. market after the electric vehicle maker promised new, more affordable models. Tesla said on Tuesday it would introduce new models by early 2025 using its current platforms and production lines, while backing...

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Mt. Gox, which once accounted for roughly 70% of the world's bitcoin trading, was hacked multiple times between 2011 and 2014 and thousands of bitcoins went missing, setting off a long process of customers trying to get their crypto or money back. The exchange declared bankruptcy in 2014. The long-awaited distribution of Mt. Gox customer funds comes after years...