FlowBank

285 days ago

Stocks: June seasonality in pre-election years $SPY #trading

Seasonality can be useful in assessing probabilities. Historically, June tends to be a positive month for the US stock market in pre-election years. Source: Ryan Detrick

#Stocks

286 days ago

Speculative bets in tech stocks increase $QQQ #trading
"It's not just the price that's gone up. Speculative fervor is coming back as well. In a note to clients at the end of last week, Deutsche Bank pointed out that the volume of call-option buying in tech and Mega Cap Growth is nearing its highest levels of the pandemic era." Source: Bloomberg
#Stocks

287 days ago

S&P 500 - technicals signal ‘overbought’ $SPY $QQQ

Bespoke Investment Group's graph below shows the S&P 500 closing 2.47 standard deviations above its 50-day moving average to fall into the “extreme category.” Source: Bloomberg

#Stocks

291 days ago

US stocks gain amid debt-ceiling deal.

US stocks continued to advance amid debt-ceiling resolution and AI enthusiasm.

#Stocks

294 days ago

S&P 500 could be on the merge of a breakout. $SPY $QQQ #trading #fx

S&P 500 futures have just slipped above the area of technical resistance. A few names continue to be the main drivers including Tesla and Nvidia. As we approach the summer month, a clearer technical breakout could form, with the possibility of lagging sectors such as financials and energy rebounding. 

#Stocks
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