In Case You Missed It! Toggle AI Discussed Generative AI

11 months ago by IBKR Quant @ IBKR Traders’ Insight

Don't miss this presentation from Giuseppe Sette, President & Co-founder of Toggle AI! The post In Case You Missed It! Toggle AI Discussed Generative AI appeared first on IBKR Campus.

Gold Midyear Outlook: Interest Rates, Recession, and Risks Propel Gold Higher

11 months ago by Contributor Author @ IBKR Traders’ Insight

Gold’s prospects in the second half of 2023 remain bright, driven by a shift in monetary policy, the potential for recession, and growing potential for market shocks and volatility. The post Gold Midyear Outlook: Interest Rates, Recession, and Risks Propel Gold Higher appeared first on IBKR Campus.

Longform links: internet sleuthery

11 months ago by abnormalreturns @ Abnormal Returns

Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at how to...

Federal Reserve’s Victory Lap and Next Steps for Stocks 

11 months ago by Michele Schneider @ See It Market

What we heard from the Fed and FOMC on Wednesday:  Nothing in here is a surprise to us as we have been talking on all the media about the expected pause (skip) this month. And that the FED would leave the door open for further rate hikes depending on….the DATA. Plus, the PPI decreased for […] The post Federal Reserve’s Victory Lap and Next Steps for Stocks  appeared first on See It Market.

Lawler: Update on Mortgage/Treasury Spreads

11 months ago by Calculated Risk @ Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: Lawler: Update on Mortgage/Treasury Spreads A brief excerpt: From housing economist Tom Lawler: Last May I wrote a two-part piece on why the spread between the 30-year fixed-rate mortgage rate and the 10-year Treasury rate had widened significantly from the end of 2021 to early May of last year, and explained why changes in the yield curve, changes in market-implied interest rate volatility, and the end of the Federal Reserve’s misplaced MBS purchase program all logically and rationally resulted in a widening of the mortgage/10-year Treasury spread.  I also said that it was unlikely that mortgage/10-year Treasury spreads were unlikely to revert to what some argue is the “normal” level (there is no such thing) any time soon.  Since then, mortgage/10-year Treasury spreads have on average been wider than there ...

#SocialStocks: Twitter Skips Out On Rent And Google Cloud Bills

11 months ago by Andrew Perez @ IBKR Traders’ Insight

VR sales lower as new competition is set to arrive, Louisiana enacts parental control legislation and other notable stories from this week. The post #SocialStocks: Twitter Skips Out On Rent And Google Cloud Bills appeared first on IBKR Campus.

Taking Stock Of A Load Of Macro Inputs

11 months ago by Patrick J. O’Hare @ IBKR Traders’ Insight

There are a lot of macro inputs for the market to digest today, including the output heard yesterday from the FOMC and Fed Chair Powell. The post Taking Stock Of A Load Of Macro Inputs appeared first on IBKR Campus.

Designing The Best Set Of Rules For You To Trade

11 months ago by Michael Martin @ MartinKronicle

Everybody, it’s Michael Martin. So I got a comment from Rock in the comment section. That’s where comments go. Typically, not all the time, sometimes they’re spray painted on the wall about how do you go about designing a process that’s good for you.So I think of it like shopping for a suit. There are […] The post Designing The Best Set Of Rules For You To Trade first appeared on MartinKronicle. The post Designing The Best Set Of Rules For You To Trade appeared first on MartinKronicle.

FX Insights: A Mixed Combination

11 months ago by Jim Iuorio @ IBKR Traders’ Insight

Caught between the ECB’s continued hiking cycle and the Fed’s pause, what is the direction for EUR/USD? The post FX Insights: A Mixed Combination appeared first on IBKR Campus.

Technical Analysis Heading Into Thursday’s Open: June 15, 2023

11 months ago by Dan Gramza @ IBKR Traders’ Insight

Dan Gramza takes a look at some key charts heading into today’s (June 15, 2023) open, including stock indices, currencies, and commodities. The post Technical Analysis Heading Into Thursday’s Open: June 15, 2023 appeared first on IBKR Campus.

Industrial Production Decreased 0.2% in May

11 months ago by Calculated Risk @ Calculated Risk

From the Fed: Industrial Production and Capacity Utilization Industrial production edged down 0.2 percent in May following two consecutive months of increases. In May, the index for manufacturing ticked up 0.1 percent, while the indexes for mining and utilities fell 0.4 and 1.8 percent, respectively. At 103.0 percent of its 2017 average, total industrial production in May was 0.2 percent above its year-earlier level. Capacity utilization moved down to 79.6 percent in May, a rate that is 0.1 percentage point below its long-run (1972–2022) average. emphasis added <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgqwsG-R_IZ-IuBiD2ysMDBuUBDvradkpGK6Cn3HynaVSRl9Kn4KfOq3LjoXe7J-N8i4Wm7BJPgAFkcXkQjWQr1jmbHtxJ-83DTdslhPP4KoQsJaiiVag7sITI9GgDOinK5_Ln0M5LdFuqDzu_l8f5Jvmw6H2Rz9DredHj3PUAsyI5JtoD5uw/s1004/CapU...

The Only Day Trading Guide a Beginner Will Ever Need (The Basics from A to Z)

11 months ago by Bella @ SMB Capital

Does anyone really make consistent money day trading? Can YOU make money day trading? How hard is it? What does it really take? And how does it all work in the real-world? These are the questions most beginners have. And these are the questions that will be answered in this article. Plus much more. So if you’ve heard about day ... Read More The post The Only Day Trading Guide a Beginner Will Ever Need (The Basics from A to Z) appeared first on SMB Training Blog.

Retail Sales Increased 0.3% in May

11 months ago by Calculated Risk @ Calculated Risk

On a monthly basis, retail sales were up 0.3% from April to May (seasonally adjusted), and sales were up 1.6 percent from May 2022. From the Census Bureau report: Advance estimates of U.S. retail and food services sales for May 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $686.6 billion, up 0.3 percent from the previous month, and up 1.6 percent above May 2022. ... The March 2023 to April 2023 percent change was unrevised at 0.4 percent. emphasis added <...

Weekly Initial Unemployment Claims at 262,000

11 months ago by Calculated Risk @ Calculated Risk

The DOL reported: In the week ending June 10, the advance figure for seasonally adjusted initial claims was 262,000, unchanged from the previous week's revised level. The previous week's level was revised up by 1,000 from 261,000 to 262,000. The 4-week moving average was 246,750, an increase of 9,250 from the previous week's revised average. This is the highest level for this average since November 20, 2021 when it was 249,250. The previous week's average was revised up by 250 from 237,250 to 237,500. emphasis addedThe following graph shows the 4-week moving average of weekly claims since 1971. <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCshX12TcVrD0nc7FMBRQS56V1-uk2BVZh0AC0XluUs1cFkRHWWY1gp5gZhCSWRTQ6qvkATqR9UyzyhQK_dDEUMSg4EEPFi40dXJ38L0-5paNafVxTWdyFI_74fBjkHcxvEXr_RwpJTZZFwAHq6aDxo1dETi8q_qzRWtGNFuyD4tnjYg6...

Director Adam Portnoy Reports a Significant DHC Purchase

11 months ago by David @ All Star Charts

The most significant transaction on today’s list comes in a Form 4 filing by Diversified Healthcare Trust $DHC director Adam Portnoy. Portnoy revealed a DHC purchase worth roughly $17.9 million. Here’s The Hot List, with data through June 14, 2023: In another Form 4, senior vice president and CIO of AutoZone Inc $AZO K. Michelle […] The post Director Adam Portnoy Reports a Significant DHC Purchase appeared first on All Star Charts.

Swing Trader Pro: Morning Briefing (06-15-2023)

11 months ago by David @ All Star Charts

From the Desk of Kimmy Sokoloff The market has a hangover after yesterday’s Fed meeting. No rate hike, but Powell might continue to hike down the road. The indices are extremely overbought. $TGT and $NKE had their first real up days. Here’s what I’m looking at right now: I’ll be watching $NKE and how it […] The post Swing Trader Pro: Morning Briefing (06-15-2023) appeared first on All Star Charts.

Wall Street Breakfast Podcast: Fed Holds Steady

11 months ago by SA Wall St. Breakfast

Time Management Means Managing YOUR Time #Productivity

11 months ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

Time management is key to productivity. Just don't forget that a MAJOR part of time management is managing yourself. #SelfCare #BurnOut #TimeManagement

Fed Avoids Ending the Summer of Loving Stocks

11 months ago by Dr. Duru @ Dr. Duru

The Federal Reserve gave tacit approval to the unfolding summer of loving stocks. In its June decision on monetary policy, not only did the Fed hold interest rates steady, but also it rolled out improved overall forecasts for the economy. GDP growth for this year went from 0.4% to 1.0%, presumably lowering the odds for ... Read more The post Fed Avoids Ending the Summer of Loving Stocks appeared first on ONE-TWENTY TWO: Trading Financial Markets.

Thursday: Retail Sales, Unemployment Claims, NY and Philly Fed Mfg, Industrial Production

11 months ago by Calculated Risk @ Calculated Risk

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 266 thousand initial claims, up from 261 thousand last week. <...