🔴 BEARISH — Stagflationary regime persists. War Day 14. New Supreme Leader escalates: Hormuz stays closed, threatens new fronts. Futures attempting modest bounce after Thursday's -1.5% selloff.
IWM volume at 111% of daily average with 35 minutes remaining — institutional risk reduction is accelerating into the close. SPY has fallen $9.95 from its intraday high of $672.34. This is now firmly...
SPY has fallen $8.67 from its intraday high of $672.34 to $663.67. This is now BELOW Thursday's close of $666.06. The gap-up has been completely filled and prices have broken to new session lows. IWM...
The open was largely in-line with premarket expectations set in the 9:10 AM Delta Briefing. SPY opened at $669.27 (vs. Delta estimate of $669-670 based on ES at 6,708) — essentially perfect...
Futures strengthened materially since the full briefing -- the bounce that looked tentative at 7:40 AM has firmed up. Russell 2000 now leading at +0.72% (was +0.46%), consistent with short-covering...
- Meeting and press conference on Wednesday March 18 - The Fed is caught between rising inflation (war-driven energy prices) and slowing growth - Market pricing suggests a hold, but the statement...
European shares extended losses as surging oil prices fueled inflation concerns...
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