NASDAQ 100

The day after Trump pulled out of the Paris Climate Accord, stocks are set for new all time highs with S&P futures up 0.2%, boosted by green markets across Europe and Asia, where the Nikkei rose above 20,000 for the first time since 2015. World stocks are set for new record highs, having already gained 11% so far this year, ahead of today's US nonfarm payrolls which are expected to increase by 185,000 jobs after surging 211,000 in April.

US Macro data at its worst since Feb 2016, 2017 lows for EPS Expectations, Record Highs for Nasdaq... "inconceivable"

Macro data, the dollar, and the yield curve are 'breaking bad' so when does the Walter White market die?

Another day, another set of dismal data (with soft data's dump continuing)...

By now everyone knows it: what is going on with a handful of tech stocks is remarkably similar to the irrationally exuberant events from the first tech bubble at the turn of the century.

Four weeks ago, Goldman pointed out that in 2017, just 10 companies are responsible for half of the entire S&P's rally YTD with the top five, AAPL, FB, AMZN, GOOGL, and MSFT – have accounted for nearly 40% of returns.

It has been a seesion of violent, volatile gaps, starting with sharp gap up in S&P futures on Wednesday night, just around 10pm, which saw ES spike and rally to new all time highs on no news...