Stock Market Contents Archive

The US Strategic Petroleum Reserve has moved down to 450 million barrels, its lowest level since 1984. The 24% decline this year is already the largest ever for a calendar year by a wide margin, and there's still 4 months to go. https://t.co/XR6oS52vPc

The US 30-year bond yield climbed more than 15bp to 3.5% today, its highest level since July 2014. The driver was a slew of corporate issuance and rising inflation expectations. The UK 10-year yield climbed past 3% for the first time also since 2014. Via @TheTerminal

Deglobalization — happening? https://t.co/mtlQ1IsaiX

Bed Bath & Beyond CEO Gustavo Arnal, GameStop Chairman Ryan Cohen and JPMorgan Chase & Co. were involved in “a fraudulent scheme to artificially inflate the price of BBBY publicly traded stock,” a lawsuit against them alleges. https://t.co/xtn1Tz7yPP

$5,027 Profit! This is how I kick off a week and how I like to kick off a month! I took off Friday to avoid any unnecessary losses and I came back today feeling fresh and ready to trade! I am so excited to keep adding more gains this month trading Options! https://t.co/6fkkiciBZH

"President Biden’s Interior Department leased 126k acres for drilling in his first 19 months in office. Truman was the last president to lease out fewer acres (in 1945-46), when offshore drilling was just beginning & the government didn’t yet control the deep-water leases."-WSJ https://t.co/31rFRSBcLc

About half of US workers could be described as “quiet quitters,” meaning they fulfill their job description but are psychologically detached from their work: Gallup poll https://t.co/eFvkTPi6cP

$ENPH lots of fresh money flowing including 2.4M order via @CheddarFlow https://t.co/EAmcvLHLrX

The S&P 500 $SPY and the aggregate US bond market $AGG are both down 12.5% YoY on a total return basis. At least the 60/40 managers aren't having to worry about re-balancing.

The preference for US stocks deepens: Investors have added money to US equity-focused funds for four of the past six weeks, while yanking cash from international stock funds for 20 consecutive weeks. That’s the longest streak of outflows since October 2019 https://t.co/RkXuLO1Y8p

New Video: How to Think About Investing During a Recession... https://t.co/AxBnYEcD9r

Another 15 bps move higher in the 10-year Treasury yield today, now at 3.34%.

President Joe Biden is considering a few executive actions that could limit Americans’ ability to invest in China and restrict Chinese companies’ data-collection practices, including giving the government the ability to block investments. https://t.co/Fr3bf68bdf

Markets love to play with the pivots.

Declines in the bond market this year have erased years worth of built up gains. Rolling 1-year and 2-year total returns for the BBG aggregate bond mkt are currently at -11%, while the rolling 3-year total return is at -6% and the rolling 5-year return is at just +2.2%. https://t.co/1UZJwt60RZ