NASDAQ Headlines

  • The Silence Of The Bears

    Authored by Sven Henrich via NorthmanTrader.com, The silence of the bears is deafening. And who can blame them? The last 2 years have been absolutely brutal for any fans of price discovery, volatility and anything analytical mattering. Nothing matters. Be it divergences, valuations, earnings misses, slowing data, yield curve, equal weight, internals, catastrophes in nature, slowing loan growth, slowing auto sales, slowing real estate, retail apocalypse, debt levels, etc…I can drone on. Nothing...

    @zerohedge
  • David Stockman Exposes "The Illusion Of Growth"

    Authored by David Stockman via The Daily Reckoning, The Wall Street Journal published a superb example of hopium recently in a sunny-side-up story entitled “U. S. Manufacturing Rides Rising Tide, Buoyed by Global Growth, Optimism.” Indeed, this lazy cheerleading excuse for journalism captured the sum and substance of why the punters keep buying the dips despite troubles gathering all around. That is, as the tax bill falters, the crusade to remove the Donald from office gathers strength, the Fed...

    @zerohedge
  • Asian Stocks Smash Records; Dollar Slides As Crude Surges To July 2015 Highs

    Global shares hit another record high on Wednesday, propelled higher by what increasingly more call (ir)rational exuberance, and investors’ unflagging enthusiasm for tech stocks. That said, S&P futures are unchanged the morning before Thanksgiving (at least before the market open ramp), as are European stocks (Stoxx 600 is flat), despite the euphoria in the Asian session which saw the MSCI Asia Pac index hit a new all time high... ... as oil jumped, rising as much as $1.15 to $57.98/bbl,...

    @zerohedge
  • What We Can Expect For Gold Prices in the Wake of the Hurricane Season

    The recent spate of back-to-back hurricanes in the US is expected to compound the economic damage of an already over-extended debt. As the stock market braces for a correction, traders are inclined to sell out of riskier stock markets and take refuge in safe havens like gold. Although it will take months for the impact of the hurricane season to be apparent, investors are already losing appetite for risk and investing in secure assets as gold. This was evident from the figures leading up to the...

    @zerohedge
  • Bonds, Futures, Global Stocks All Rise, Boosted By "Germany's Brexit Moment"; TSY Curve Collapse Continues

    S&P 500 futures are higher, continuing on yesterday's momentum, after European and Asian shares also rose alongside a rebound in oil, as the year-end performance chase appears to be accelerating. There were several different moving parts in a mixed European session, in which early Euro strength gave way to weakness... ... which in turn pushed the Stoxx 600 and US index futures higher, rising above yesterday's session high on negligible volumes.  Global equity futures rallied with Hang...

    @zerohedge
  • German Government Crisis Sends Stocks Soaring, Gold Down Most In 4 Months

    Following Friday's best day in 6 months, gold tumbled most in 4 months today as the German Government crisis sent investors fleeing any source of safe haven!!?? Sell bonds, sell gold, sell protection... Seriously... Before we get to the farce in US equities, let's look at German stocks... Which is odd because EURUSD actually dumped it all back (after its own machine-driven ramp back to unch)... Oh, yeah and don't forget Chinese stocks' miraculous lift!? As Bloomberg's Vince Cignarella...

    @zerohedge
  • BofA's Apocalyptic Forecast: Stocks Flash Crash, Bond Bubble Bursts In H1 2018, War May Follow

    Having predicted back in July that the "most dangerous moment for markets will come in 3 or 4 months", i.e., now, BofA's Michael Hartnett was - in retrospect - wrong (unless of course the S&P plunges in the next few days). However, having stuck to his underlying logic - which was as sound then as it is now - Hartnett has not given up on his "bad cop" forecast (not to be mistaken with the S&P target to be unveiled shortly by BofA's equity team and which will probably be around 2,800), and...

    @zerohedge
  • What German Political Turmoil? Global Markets BTFD, Don't Look Back

    US index futures are unchanged, having recovered virtually all overnight session losses alongside the EURUSD following Merkel's failure to form a government, while European shares rise despite Angela Merkel's failure to form a new government. In the span of just hours, the goalseeked "hot take" consensus was that Germany’s collapsed coalition talks aren’t expected be a deal breaker for European equities due to the "strength of the German economy." As we pointed out earlier, the euro reversed...

    @zerohedge
  • Gold Gains As Stocks Slide, Yield Curve Crashes, & Dollar Dumps

    Economic Data continues to surprise to the upside (compared to what had been terrible expectations)...is this as good as it gets? But credit, the yield curve, and now stocks are not loving it... Small Caps were the only major index green today... The Dow and S&P 500- fell for the 2nd week in a row - something they haven't done for 3 months...Small Caps best on the week (followed by Nasdaq thanks to yesterday's panic buy)... Futures show the crazy moves this week better.. VIX was...

    @zerohedge
  • Mueller Subpoena Spooks Dollar, Sends European Stocks, US Futures Lower

    Yesterday's torrid, broad-based rally looked set to continue overnight until early in the Japanese session, when the USD tumbled and dragged down with it the USDJPY, Nikkei, and US futures following a WSJ report that Robert Mueller had issued a subpoena to more than a dozen top Trump administration officials in mid October. And as traders sit at their desks on Friday, U.S. index futures point to a lower open as European stocks fall, struggling to follow Asian equities higher as the euro...

    @zerohedge
  • Nasdaq, Bitcoin Surge To Record Highs As China Saves The World

    IP surges (thanks to hurricanes), Congress passes a tax bill that has no hope of passing the senate, but a huge Chinese liquidity injection sends stocks soaring and proves... Seemingly thanks to a Risk Parity rebound... And a huge China liquidity injection... “The increase in cash additions will help soothe market sentiment,” said Qin Han, chief fixed-income analyst at Guotai Junan Securities Co. And indeed it did: US equity markets soared today... (Small Caps and Trannies best, Dow and...

    @zerohedge
  • Nasdaq Surges To New Record High

    Well that de-escalated quickly... 5 days down... 1 day up - everything is fixed! FANG Stocks filled their gap...

    @zerohedge
  • More Chinese firms are coming to list in the US — but don't expect a flood, Nasdaq says

    Chinese firms are growing increasingly active in the U.S. initial public offering market, says Nasdaq Senior Vice President Bob McCooey.

    CNBC
  • Why Australia's Economy Is A House Of Cards

    Authored by Matt Barrie via Medium.com, Co-authored with Craig Tindale. I recently watched the federal treasurer, Scott Morrison, proudly proclaim that Australia was in “surprisingly good shape”. Indeed, Australia has just snatched the world record from the Netherlands, achieving its 104th quarter of growth without a recession, making this achievement the longest streak for any OECD country since 1970. Australian GDP growth has been trending down for over forty yearsSource: Trading...

    @zerohedge
  • Albert Edwards On The Selloff: "Comparisons With October 1987 Are Entirely Justified"

    Last week, when equities were still blissfully hitting daily record highs, we showed the one "chart that everyone is talking about", or if they weren't they soon would be: the sharp, sudden disconnect between the junk bond and stock market ... ... a disconnect which - as we showed at the time - was last observed in mid-August 2015, just days before the infamous ETFlash crash. Fast forward to day, with stocks suddenly hitting air pockets around the globe and rapidly catching down to junk...

    @zerohedge
  • Credit Crashes, VIX Tops 14 As Stocks Open Lower For 7th Straight Day

    Something changed... Futures were weaker overnight but dumped at the cash open... As the collapse in HY credit accelerated... worst day for HYG in 3 months HYG is now negative year-to-date... With spreads crashing back abopve 400bps... USDJPY was unable to save stocks and VIX is now topping 14... VIX is starting to catch up to credit... Equity markets are down at the open for the 7th straight day... Trannies (blue) and Small Caps (dark red) are the worst performers but Nasdaq (green)...

    @zerohedge
  • Global Stocks Tumble, Asia Plunges On Chinese Commodity Carnage

    The euphoria of the past month has ended with a thud and BTFDers are strangely missing as the commodity chill out of China (which overnight became full blown carnage), has unleashed a global risk-off phase ahead of today's critical CPI data, resulting in broad and sharp selling across global markets, as European stocks followed declines in Asia while bonds and gold advanced. The equity retreat, which spread to U.S. stock futures, started with last night's sharp puke in Chinese commodities. As...

    @zerohedge
  • Sweden: The World's Biggest Housing Bubble Cracks

    Sweden’s property bubble is probably the world’s biggest, despite which it gets relatively little coverage in the mainstream financial media - although that might be about to change. Warnings about this bubble are not new. In March 2016, Moody’s issued a very explicit warning that Sweden’s negative interest rates were propagating an unsustainable housing bubble. The central banks of Switzerland, Denmark and Sweden (all rated Aaa stable) have been among the first to push policy rates into...

    @zerohedge
  • Stocks Stagger On Tax Turmoil As Junk Debt Dumps To New 8-Month Lows

    Yellen warns "valuations are at the high end of ranges" but tax cut details diss stocks. It was all going great until I hit 310kph... Ugly data from China overnight sent China bond and stock prices lower... Notably Gold remains the only asset higher since the Saudi chaos... All Cash Indices ended the day red but the dip-buyers rescued Dow, S&P, and Nasdaq green fro the month... Futures show the crazy swings best once again... Dow (blue) almost ramped back to unch for the...

    @zerohedge
  • Stocks Tank As Brady Confirms SALT Deductions Will Stay In House Bill

    US equities just legged lower - led by tech-heavy Nasdaq - after Ways & Means Committee Chair Kevin Brady confirmed that The House Tax Bill will keep SALT deductions, implicitly lowering tax revenues (and thus a potentially smaller corporate tax cut). Nasdaq is leading the drop... Apple most notably extended losses on the headline... And FANG Stocks are fading..

    @zerohedge
  • Bank Of America: "This Is A Clear Sign Of Irrational Exuberance"

    The latest monthly Fund Manager Survey by Bank of America confirmed what recent market actions have already demonstrated, namely that, as BofA Chief Investment Strategist Michael Hartnett explained, there is a "big market conviction in Goldilocks leading to capitulation into risk assets" while at the same time sending Fund managers' cash levels to a 4-year low, and pushing "risk-taking" to a new all-time high, surpassing both the dot com and the 2007 bubbles. BofA's takeaways from the survey,...

    @zerohedge
  • US Futures, Global Stocks Extend Decline After Disappointing Chinese Data, Dollar Slides

    U.S. index futures declined for the second day in a row, dipping 0.1% to the lowest in more than a week following declines in Asian and European shares. European stocks tried and failed to shrug off the negative sentiment that spurred broad-based declines in Asia following another month of disappointing Chinese macro data... ... eventually reversing gains as the euro strengthened on German growth data. The euro was up a fifth day, rising above 1.1700 for the first time in nearly three weeks...

    @zerohedge
  • US exchanges are asking regulators to delay massive new system meant to make markets safer

    US stock exchanges are asking the Securities and Exchange Commission to delay the implementation of a database that would provide better surveillance over the markets.  The so-called Consolidated Audit Trail would serve as a central database for the most sensitive information in the markets. US stock exchanges have requested the Securities and Exchange Commission delay the rollout of a massive new database aimed at helping the regulator better police the markets so they can address...

    Business Insider
  • Nasdaq's under attack over a product that could expose big traders — but one rival says it has been doing this for years

    Nasdaq is launching a new data product called Intellicator, that aims to read sentiment toward different segments of the options market. That's prompted criticism from rivals. Startup exchange IEX published a blog Monday calling out Nasdaq for "selling out investors" in order to make money. Nasdaq, which is best known as a US equities exchange operator, has made data a focal point of its business. "Enough is enough." IEX, the startup stock exchange, isn't a fan of Nasdaq's latest foray into...

    Business Insider