FSI Pro
- US Policy
- Intraday First Word
INTRADAY ALERT: An important AI week ahead. We advise continuing to "buy the dip" for May (and probably June)
The S&P 500 is closing out a strong week, with gains +1.4% this week alone, taking total gains for May to close to 6%. As we stated earlier this month, we expected markets to shift from "fear of May" to "buy in May" and as each week has passed, this...
- Crypto Strategy
CPI Opens the Liquidity Floodgates
FLOWS RETURNING TO THE MARKET Last week, we discussed how our base case remained that conditions for liquidity-sensitive assets like crypto would improve in the near term, and we continued to lean on our "Buy in May" thesis, given the constructive setup. A combination of (1) a dovish Federal Reserve,...
- Daily Technical Strategy
“The Pause that Refreshes”
EQUITY TREND BULLISH BUT ONE CAN’T RULE OUT SOME TEMPORARY CONSOLIDATION INTO NEXT WEEK AFTER THIS PUSH BACK TO NEW HIGH TERRITORY AS QQQ, SPX CONSOLIDATE GAINS BEFORE RALLYING FURTHER. YIELDS AND THE US DOLLAR HAVE PULLED BACK TO NEAR UPTREND LINE SUPPORT AND REQUIRE LARGER WEAKNESS TO EXPECT IMMEDIATE...
- Market Update
Flows Return, Senate Nullifies SAB 121
CRYPTO MARKET UPDATETODAY, WE ARE SEEING SOME MINOR CONSOLIDATION IN THE CRYPTO MARKET COINCIDING WITH THE SLIGHT BOUNCE IN THE RATES AND #DXY. #BTC is trading just north of $65k, while #ETHBTC continues to struggle, with #ETH moving lower for the 5th consecutive day and still trading below the $3k...
- Comments
- Market Update
Markets Surge on CPI Release, Circle Moving HQ to U.S.
MARKET COMMENTARYINVESTORS WELCOMED THIS MORNING’S SLIGHTLY SOFTER THAN EXPECTED CPI DATA AND A LARGE DOWNSIDE MISS ON U.S. RETAIL SALES, ALLEVIATING INFLATION CONCERNS AND HELPING TO PROPEL STOCK INDICES TO NEW INTRADAY ALL-TIME HIGHS. The $SPY and $QQQ have gained over 1% to surpass $528 and $451, respectively, while US...
- Intraday First Word
INTRADAY ALERT: April Core CPI +0.29% MoM is a good thing, with auto insurance and shelter easing. Supports stocks higher in May.
THIS INTRADAY ALERT IS SENT SOLELY TO MEMBERS OF FS INSIGHT April Core CPI came in at +0.29% MoM, below Street consensus of +0.30%. This was a clean "good" CPI reading, with the right components showing a slowdown:The 2 things we watched closely showed improvement: - Shelter slowed modestly to...
- First to Market
If Not One Thing, Then Another
A daily market update from FS Insight — what you need to know ahead of opening bell "Most people make bad decisions because they are so certain that they’re right that they don’t allow themselves to see that better alternatives that exist." — Ray Dalio OVERNIGHT Alice Munro, prolific short-story...
- First Word
APRIL CPI WED AM: A good April CPI shatters "inflation accelerating" camp, meaning number of Fed cuts by YE 2024 starts to drift higher towards 2.0-2.5
VIDEO: The April CPI report is one of the most important of 2024. The early release of April PPI might give us a clue for the long awaited peaking of auto insurance rates. Please click below to view our Macro Minute (duration: 5:11). https://vimeo. com/946404650/9fcc8ec4c2? share=copy The release of the April CPI...