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Traders' Insight
Interactive Brokers Traders' Insight is a free online blog drawing together financial market commentary from an array of industry contributors. Exchanges, mutual funds, investment companies ...more

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“FOMO Insurance” Dominates Key Equity Options
It may seem like a quaint notion to a new generation of YOLO-inspired speculators, but options markets arose as a way to transfer and hedge risk.
Triple Witch And SMCI Converge Today
Today is a crucial expiration, particularly for holders of SMCI and its options.
PPI Double Beat Brings Back Memories Of Volcker, Jackson Hole
Scorching wholesale inflation data amidst this morning’s lower-than-expected unemployment claims are sending market players back to the drawing board as they reevaluate the path of potential Fed rate cuts.
Forget CPI, Talk To Me About AI
Inflationary pressures accelerated for the fourth consecutive month in February with the overall level of prices rising 0.4% month-over-month (m/m) and 3.2% year-over-year (y/y) from 0.3% and 3.1% in January.
Poised For A Post-Jobs Rally ‘Til NVDA Spoiled The Fun
The Nonfarm Payrolls statistic was a bit misleading. It showed an increase of 275,000 payrolls in February, well above the 200k consensus.
Markets Recover On “Peak Fed Funds”
ADP and BLS data reflect persistent strength in the job market even as figures arrived roughly in line with projections.
The Fantastic Four Beats The Magnificent Seven
A normalized chart of the relative performance of the seven stocks versus both the Nasdaq 100 and the UBS Magnificent 7 Index shows quite disparate performances by the constituent members on a year-to-date and longer-term basis.
Are You Feeling Confident?
After today’s University of Michigan report, we see that consumers have somewhat mixed feelings, even as investors remain extraordinarily confident.
Services Prices Post A Fierce Acceleration
Consumer spending adjusted for inflation contracted last month, confirming the weakness illustrated by the retail sales report two weeks ago and the sluggishness reflected in consumer confidence data released on Tuesday.
Amazon To The Dow Jones (Yawn)
One of the “bigger” pieces of news this morning is that Amazon has joined the Dow Jones Industrial Average.
Dude, Where’s My Cuts?
Considering that one of the key elements that ignited the current rally was a hope that the Fed would aggressively cut rates, it is counterintuitive to see stocks rallying even as those hopes diminish.
NVDA – The Aftermath
It’s NVDA’s market, and we’re all living in it.
Options Market Expectations For Nvidia Earnings
Even as NVDA has experienced a modest recent pullback from recent record highs, other high-flying AI names like SMCI and ARM have pulled back more substantially from even steeper moves
What WMT And HD Earnings Told Us
It is important to remember that despite technology stocks’ dominance in major indices, the consumers represent about 2/3 of the US economy.
Rates Reach Fresh ’24 Highs On Hot Inflation
This morning’s Producer Price Index (PPI) soared past expectations and is reminding traders of the pain associated with last Tuesday’s Consumer Price Index.
Economic Data Hints At Stagflation
This morning’s retail sales report featured a sharp decline in US consumption to start off the new year, signaling the possibility of consumer fatigue following a robust holiday season.
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