The Market in Pictures, July 29

by | Jul 29, 2022 | Blog, Charts

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:

 

Dave: The start of earnings season was a story of “not bad”, with lower price movement than usual for both hits and misses…

 

Source: Strategas as of 07.25.2022

 

…and by the end of the week with a clearer picture of decent earnings and stronger sales

 

 

 

Brad: Insiders showing signs of starting to put money to work at lower prices

 

Source: Strategas as of 07.26.2022

 

JL: The yield curve continues to head negative…

 

Data as of 07.27.2022

 

…as markets adjust to the Fed’s historically sharp interest rate hiking cycle

 

Source: Bianco as of 07.27.2022

 

Joseph: US crude oil supply is trickling along near its lows…

Source: EIA as 07.27.2022

 

…despite a large draw from our Strategic Petroleum Reserves

 

Data as of 07.26.2022

 

JL: The Fed has one eye on economic data but likely also aware of the large debt expansion in recent decades

 

Source: Lyn Alden as of 07.27.2022

 

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The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and services. The CPI reflects spending patterns for each of two population groups: all urban consumers and urban wage earners and clerical workers.

The S&P 500® Index is the Standard & Poor’s Composite Index and is widely regarded as a single gauge of large cap U.S. equities. It is market cap weighted and includes 500 leading companies, capturing approximately 80% coverage of available market capitalization.

Treasury yield is the return on investment, expressed as a percentage, on the U.S. government’s debt obligations. Looked at another way, the Treasury yield is the effective interest rate that the U.S. government pays to borrow money for different lengths of time.

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