Macro Theme: Key dates ahead: 12/6 NFP 12/11 CPI Our primary risk metric signals being long of equities while SPX >6,000 with an upside target 6,100. <6,000 we flip to risk-off. Through to 12/20 OPEX we plan to operate in "buy the dip mode" until/unless...

Macro Theme: Key dates ahead: 12/6 NFP 12/11 CPI Our primary risk metric signals being long of equities while SPX >6,000 with an upside target 6,100. <6,000 we flip to risk-off. Through to 12/20 OPEX we plan to operate in "buy the dip mode" until/unless...

Macro Theme:   Key dates ahead: 12/6 NFP 12/11 CPI Our primary risk metric signals being long of equities while SPX >6,000 with an upside target 6,100. <6,000 we flip to risk-off. Through to 12/20 OPEX we plan to operate in "buy the dip mode" until/unless...

Founder's Note: Thu, December 05, 2024 at 7:00 AM ET Macro Theme:   Key dates ahead: 12/5 Jobless Claims 12/6 NFP 12/11 CPI Our primary risk signals signal long of equities while SPX >6,000 with an upside target of 6,050, then 6,100. We are neutral...

Macro Theme:   Key dates ahead: 12/4 ISM Servives PMI, Powell 12/5 Jobless Claims 12/6 NFP 12/11 CPI Our primary risk signals signal long of equities while SPX >6,000 with an upside target of 6,050, then 6,100. We are neutral 5,900-6,000& <5,900 we flip...

Macro Theme:   Key dates ahead: 12/2 ISM Manufacturing PMI 12/4 ISM Servives PMI, Powell 12/5 Jobless Claims 12/6 NFP 12/11 CPI Our primary risk signals signal long of equities while SPX >6,000 with an upside target of 6,050. We are neutral 5,900-6,000&...

Macro Theme:   Key dates ahead: 11/29 Holiday 1/2 day Our primary risk signals signal long of equities while SPX >6,000 with an upside target of 6,050. We are neutral 5,900-6,000& <5,900 we flip to risk-off. 11/28: We prefer IWM/DIA to SPX/QQQ due to...

Macro Theme:   Key dates ahead: 11/26 FOMC Mins 11/27 CORE PCE 11/28 Thanksgiving Holiday 11/29 Holiday 1/2 day We are long of equities while SPX >6,000 with an upside target of 6,050. We are neutral 5,900-6,000& <5,900 we flip to risk-off. 11/22:...

Macro Theme:   Key dates ahead: 11/26 FOMC Mins 11/28 Thanksgiving Holiday 11/29 Holiday 1/2 day NVDA ER, on 11/20 is our major EOY catalyst. Jan SMH calls are our preferred way to play upside post NVDA ER. We are long of equities while SPX <5,900 with an...

Macro Theme:   Key dates ahead: 11/21 Jobless Claims NVDA ER, on 11/20 is our major EOY catalyst. Jan SMH calls are our preferred way to play upside post NVDA ER. We are flat in the S&P500 until the SPX recovers 5,900. <5,850 we would flip back to a net...

Founder's Note: Wed, November 20, 2024 at 7:00 AM ET Macro Theme:   Key dates ahead: 11/20 VIX exp, NVDA ER NVDA ER, on 11/20 is our major EOY catalyst. Jan SMH calls are our preferred way to play upside post NVDA ER. We are flat in the S&P500 until the SPX...

Macro Theme:     Key dates ahead: 11/20 VIX exp, NVDA ER NVDA ER, on 11/20 is our major EOY catalyst. Jan SMH calls are our preferred way to play upside post NVDA ER. We are flat in the S&P500 until the SPX recovers 5,900. <5,850 we would flip back to...