Derek Moore and Mike Puck talk about the resurgence of international stocks against the US. Plus, how the rest of the market has a similar performance to Mag 7, indicating a broadening in stocks in the S&P 500 Index. Later, they discuss what markets historically have done after being up in January and February.
HiPOS Conservative Trade Roll - Friday’s increase in volatility and down move in markets created the conditions where it made sense to close out the old HiPOS trade and “roll” into a new one.
Derek Moore revisits the 1994-95 interest rate and market environment against the current backdrop regarding treasury yields and future S&P 500 Index returns. Plus, going through the case for higher for longer, whether that is good or bad for markets, and the adjustment the market would need to go through.
ZEGA’s January 2025 Performance Numbers Release
New HiPOS Conservative Update - After Wednesday’s close, 11 trading days remain in this iteration of the HiPOS Conservative trade.
Derek Moore previews Apple, Tesla, and Microsoft earnings by looking at the implied moves around earning by the options market. Plus, Bloomberg comes out with a new inflation gauge called The Bacon Egg & Cheese Sandwich index.