Senior Equity Derivatives Trader

Simon Harris

Event-Driven

<ul>
<li>All eyes are on inflation data this week with CPI due out on Thursday</li>
<li>Shorts in tech have been working but could be looking to take profits after big gains last week</li>
<li>Use options for a cheap play on NDX outperformance over SPX</li>
</ul>


All eyes are on inflation data this week with CPI due out on Thursday
Shorts in tech have been working but could be looking to take profits after big gains last week
Use options for a cheap play on NDX outperformance over SPX


EQD | SPX Vs NDX : Could CPI Spark a Reversal of Tech Performance Versus the Broader Market?

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

<ul>
<li>The bear market rally we have been discussing since our Sept. 27 Compass report has begun.</li>
<li>Over half of the Sectors and all the major indexes (S&amp;P 500, Nasdaq 100, DJIA, and S&amp;P 600 Small Caps) display bullish 2+ month inflections.</li>
<li>As referenced last week, we expect the aforementioned indexes to rally to their 200-day MAs; longer-term, this is still a bear market until they can break above their 200-day MAs.</li>
</ul>


The bear market rally we have been discussing since our Sept. 27 Compass report has begun.
Over half of the Sectors and all the major indexes (S&amp;P 500, Nasdaq 100, DJIA, and S&amp;P 600 Small Caps) display bullish 2+ month inflections.
As referenced last week, we expect the aforementioned indexes to rally to their 200-day MAs; longer-term, this is still a bear market until they can break above their 200-day MAs.


Another Bear Market Rally Begins; Indexes and Sectors With Bullish 2+ Month Inflections

Stock Picking & Investing, BluSuit

BluSuit

Stock Picking & Investing

Financial markets, high growth & innovative business coverage, macro economics, trading strategy and market insight

Equity Bottom-Up

<ul><li>Emotions run high in bear markets. Often times, it’s very difficult to post analysis because it doesn’t always follow consensus.</li><li>But, the purpose of this newsletter is to be 100% transparent in my thinking which may not always be 100% popular.</li><li>In this case, we are going to take a look at a historically accurate bottom indicator and run specific price targets on the S&amp;P on a valuation perspective.</li></ul>

Emotions run high in bear markets. Often times, it’s very difficult to post analysis because it doesn’t always follow consensus.But, the purpose of this newsletter is to be 100% transparent in my thinking which may not always be 100% popular.In this case, we are going to take a look at a historically accurate bottom indicator and run specific price targets on the S&amp;P on a valuation perspective.

<ul><li>Listening to sentiment alone would lead investors to believe we are 50% down on the S&amp;P 500 and we have another 50% to go.</li><li>But, this simply is not true. When benchmarking the markets recent price action by sector, this bear market, on a technical basis, has the hall marks of every market bottom since 2000.</li><li>Recollecting Howard Marks book, “Mastering the Market Cycle”, there was a particular part that was of importance.</li></ul>

Listening to sentiment alone would lead investors to believe we are 50% down on the S&amp;P 500 and we have another 50% to go.But, this simply is not true. When benchmarking the markets recent price action by sector, this bear market, on a technical basis, has the hall marks of every market bottom since 2000.Recollecting Howard Marks book, “Mastering the Market Cycle”, there was a particular part that was of importance.

<ul><li>This is certainly a macro development that will influence the direction of the markets.</li><li>Essentially, what this means is that the markets are showing “signs of breaking” from the Federal Reserves aggressive tightening cycle.</li><li>Today, we are going to be more focused on market technicals but I wanted to touch briefly on this and will go into more depth this weekend.</li></ul>

This is certainly a macro development that will influence the direction of the markets.Essentially, what this means is that the markets are showing “signs of breaking” from the Federal Reserves aggressive tightening cycle.Today, we are going to be more focused on market technicals but I wanted to touch briefly on this and will go into more depth this weekend.

United States

SPDR S&P 500 ETF Trust is an exchange-traded fund incorporated in the USA. The ETF tracks the S&P 500 Index. The Trust consists of a portfolio representing all 500 stocks in the S&P 500 Index. It holds predominantly large-cap U.S. stocks. This ETF is structured as a Unit Investment Trust and pays dividends on a quarterly basis. The holdings are weighted by market capitalization.

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SPDR S&P 500 (SPY US)

EQD | SPX Vs NDX : Could CPI Spark a Reversal of Tech Performance Versus the Broader Market?

We look at a cheap options play on a tech rally post the US CPI this week. Given recent weakness in the Nasdaq and current positioning, we see...

Simon Harris

Another Bear Market Rally Begins; Indexes and Sectors With Bullish 2+ Month Inflections

The bear market rally we have been discussing since Sept. 27 has begun, with over half of the Sectors and all the major indexes $SPX $QQQ $NDX...

Vermilion Research

S&P Hasn't Priced a Recession In

Emotions run high in bear markets. Often times, it’s very difficult to post analysis because it doesn’t always follow consensus.

BluSuit

We are Not Crashing, It's Just Volatile

When benchmarking the markets recent price action by sector, this bear market, on a technical basis, has the hall marks of every market bottom...

BluSuit

Key Market Technicals

Essentially, what this means is that the markets are showing “signs of breaking” from the Federal Reserves aggressive tightening cycle.

BluSuit

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