S&P 500 VIX Cash (VIY00)
S&P 500 VIX Futures Market News and Commentary
The S&P 500 Index ($SPX) this morning is down -0.52%, the Dow Jones Industrials Index ($DOWI) is up +0.21%, and the Nasdaq 100 Index ($IUXX) is down -1.33%.
U.S stock indexes this morning are mixed. Stocks are being undercut by higher T-note yields and a slump in technology stocks. Also, today's weaker-than-expected U.S. economic data was bearish for stocks. The Dow Jones Industrials index is higher today on strength in energy and bank stocks.
Rising inflation expectations today are pushing T-note yields higher and are weighing on stock prices. The 10-year breakeven inflation expectations rate today climbed to a 2-week high of 2.234%, which has pushed the 10-year T-note yield up +9.3 bp to 1.484%.
Today's U.S economic data was negative for stocks. The U.S. Feb ADP employment report rose +117,000, weaker than expectations of +205,000. Also, the Feb ISM services index fell -3.4 to a 9-month low of 55.3, weaker than expectations of unchange... Read more
- Weak Jobs Data, Stocks and Gold
Stocks gave up some of Monday‘s strong gains, but I find it little concerning in the sub-3,900 pre-breakout meandering. It‘s about time, and a play...
- S&P, NQ, and more - Blue Line Morning Express
Actionable ideas for your day . . .
- Downside Bias = Downside Day
Yesterday we suggested a Down day and the markets responded. What will it be today? Read on to learn more
- Mini Nasdaq Chart & Support and Resistance Levels 3.03.2021
Mini Nasdaq Chart & Support and Resistance Levels 3.03.2021
- Midday Market Minute / S&P, NQ, and more
Our daily midday video and morning note that goes out ahead of the bell
- Support On Treasury Bonds Can Be Resistance For AUDJPY
Treasury bond is in a tight correlation with AUDJPY and we may see some reversals, at least for a temorary period of time.