Crude oil and gasoline prices hit 12-month lows WTI, Brent, and Nymex gasoline front-month futures traded at their lowest prices in twelve months this week.…
Victor Adair11 December 2022
The DJIA closed at a seven-month high this week The DJIA closed higher for seven of the last eight weeks. It rallied ~5,600 points (19%)…
Victor Adair27 November 2022
The "too far, too fast" moves have stalled In several of my Notes over the past few months, I've made the point that traders have…
Victor Adair20 November 2022
Lower-than-expected October CPI inflation inspired HUGE rallies in stocks, bonds and currencies Markets have been searching for "Peak Hawkishness" since June - without success, as…
Victor Adair12 November 2022
Inter-market relationships I'm a Macro tourist: I constantly monitor intra-market and inter-market relationships and correlations. It's an old habit, and it often leaves me more…
Victor Adair5 November 2022
October 13, 2022, was a Key Turn Date A Key Turn Date occurs when several different markets reverse course on (or around) the same date.…
Victor Adair30 October 2022
Markets may be turning I'm writing the TD Notes on Sunday afternoon this week. I left my desk last Thursday morning, flew to Calgary to…
Victor Adair24 October 2022