Chip stocks have fallen for 6 straight days, the longest losing streak in over 17 months.
The SOX is down 12%, wiping out $1.6T in market value.
There's pressure from every direction:
🟢 Higher rates
🟢... Read more →
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Open in Telegram The market now prices a higher PCE Price Index by month-end as PPI components entering PCE showed an aggressive spike in September.
Despite PCE being released one day after FOMC, this pre-release... Read more →
Despite PCE being released one day after FOMC, this pre-release... Read more →
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⚡️ JUST IN: Semiconductor stocks have erased over -$2 trillion in market cap since October 6th.
If SOXX closes red today, it will mark the sector’s 8th-straight daily loss. Losses reached -17% since... Read more →
If SOXX closes red today, it will mark the sector’s 8th-straight daily loss. Losses reached -17% since... Read more →
⚡️ JUST IN: 10Y Note Yield falls to its lowest level since September 23rd as the tech stock selloff gains momentum.
It appears only downward pressure on equities can push yields lower right now.
✅ Trade... Read more →
It appears only downward pressure on equities can push yields lower right now.
✅ Trade... Read more →
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⚡️ JUST IN: September PPI inflation unexpectedly rises to 6.3%, above 5.3% expectations.
Core PPI inflation rose to 5.0%, above 4.4% expectations. PPI inflation is now at its second-highest level... Read more →
Core PPI inflation rose to 5.0%, above 4.4% expectations. PPI inflation is now at its second-highest level... Read more →
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We’re teaming up with WEEX to bring crypto and traditional markets to the Trade Watcher community.
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Deposit USDT via a supported... Read more →
We’re teaming up with WEEX to bring crypto and traditional markets to the Trade Watcher community.
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Deposit USDT via a supported... Read more →
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This market doesn't make sense. US 10yr yields collapsed to just under 5.1%, their lowest this month, after hot CPI sent rate hike odds surging, unless the market is pricing recession risk rather... Read more →
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⚡️ JUST IN: South Korea's stock market extends losses to over -8%, triggering a level 1 circuit breaker.
Trading has been halted for 20 minutes amid intense selling pressure. A level 2 circuit breaker... Read more →
Trading has been halted for 20 minutes amid intense selling pressure. A level 2 circuit breaker... Read more →
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📈 Trade Watcher × WEEX 💸
We’re teaming up with WEEX to bring crypto and traditional markets to the Trade Watcher community.
One account. Crypto funding. Crypto + TradFi.
Deposit USDT via a supported... Read more →
We’re teaming up with WEEX to bring crypto and traditional markets to the Trade Watcher community.
One account. Crypto funding. Crypto + TradFi.
Deposit USDT via a supported... Read more →
1 photo