The Weekly Lens. No Noise. Just Structure.
Technology, Bitcoin and global equities surged as yields and crude fell. But diesel hit a record, another tanker was reportedly struck, and two wars kept squeezing the same fuel system. What Today’s Tape Is Saying Wall Street began the week by buying the future it wanted. The S&P 500 rose 1.49%, the Nasdaq gained 2.26%,
Wall Street Priced Peace Before the Tankers Got the Memo Read More »
Technology kept the index green as market breadth weakened, Treasury yields returned to the danger line, and Europe learned again that cheaper oil does not mean secure energy. What Today’s Tape Is Saying Wall Street finished an extraordinary week with a deceptively quiet close. The S&P 500 gained 0.17%, and the Nasdaq rose 0.39%. But
Oil lost $100. Bonds found 5%. Read More »
Oil remained above $105, a weak Treasury auction exposed fragile demand for US debt, and stocks fell ahead of the Federal Reserve. Wall Street’s inflation problem is no longer coming from one direction. What Today’s Tape Is Saying The bond market finally reached the line Wall Street had spent weeks watching. The 10-year Treasury yield
The 10-Year Reached 5%. The Barrel Cornered the Fed. Read More »