Last Friday,$JPMorgan (JPM.US)$and$Wells Fargo & Co (WFC.US)$reported slower credit card spending growth and rising delinquencies. For instance, JPMorgan's credit card sales rose by nearly 7% year-over-year, down from previous quarters. While this might suggest slowing economic activity, JPMorgan CFO Jeremy Barnum sees it more as a normalization of post-pandemic spending patterns rather than a s...
The VIX , or Volatility Index, measures market expectations for volatility in the S&P 500 over the next 30 days. Often called the “fear gauge,” it reflects investor sentiment and is widely used to assess the level of risk, fear, or stress in the stock market. Here’s a guide on how to read the VIX: Below 20: Calm, low volatility, potential bullish outlook. VIX 20-30: Rising uncertainty, moderate caution. VIX Above 30: High volatility, market stress, potential bearish outlo...
As the financial world gears up for the release of the September Consumer Price Index (CPI) report, market participants are on high alert. Recent developments, including heightened tensions in the Middle East, have brought inflation concerns back to the forefront for U.S. stock markets. Consumer price index data for September showed that core inflation ran hotter than expected, new claims for unemployment benefits unexpectedly surged...
Ghost2737 : You nailed it
RIPPER OP Ghost2737 : The carrytrade topic is still in play, but yea….happily nailed the target for my QQQ puts