S&P 500 tried a few times to turn the dead cat bounce into a trend change, but no success

S&P 500 tried a few times to turn the dead cat bounce into a trend change, but no success – yields pressure is intensifying and all too real. Something has to give as stocks are holding their ground while bonds already reflect rising inflation (and more deficit spending?) even though we‘re for now getting disinflationary and soft landing supportive data.

I invite you to re-read the Jun 15 summary of how to play rising intraday volatility in equities, now sprinkled with increasing selectivity and conflicting signals as represented e.g. by no risk-off sectoral view yesterday.

Here is how I summed it up in our channel this European morning, and I‘m then bringing you two bond market charts to show the fast bond market turnaround - way more coverage with charts follows in the individual market sections, and you can look forward for plenty of Telegram and Twitter coverage of upcoming Powell speech and JOLTS data expectations and aftermath.

Let‘s mve right into the charts – today‘s full scale article contains 3 more of them, with commentaries.

Tired of seeing those red boxes instead of way more valuable information? Try the premium services based on what and how you trade.

Share: Feed news

All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.