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Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained a modest 7bps yesterday, closing at 6925. The index again had a wide high/low range of 6939/6895 (~60bps). The 6920 level remains a focus. As I wrote yesterday, “I
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Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 35bps during yesterday’s session, hitting an intra-day high of 6931 and closing at 6922. I continue to see 6920 as a pivot point for the index with the last four
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Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 20bps on the session, closing just below 6900 at 6898. The index pushed up to the 6920 level, hitting a high of 6921. This is the third consecutive test of ~6920
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Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) lost 48bps on the session yesterday, closing at 6885. Although the index faded and closed back below 6900, the final settlement price was well above the session low (ref 6862). Momentum and
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Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 46bps during Friday’s shortened session, closing at 6918. This was the first time the index has closed above 6900 since Nov 12 and it did so with expanding/confirming internals.
Media Appearances
Ascalon VI Capital CEO Anthony Esposito says the economy is finally moving in the right direction after years of inflationary pressure. He noted that when President Trump left office, the true inflation rate was near 2%, only to surge to 12% under President Biden. With inflation now back down to
Media Appearances
Ascalon VI Capital CEO Anthony Esposito broke down the latest Producer Price Index report, explaining that while the data is from September and somewhat outdated, it still shows meaningful shifts. Goods prices ticked higher—mainly due to gas and energy costs—while service prices eased, a reversal of what the
Media Appearances
Ascalon VI Capital founder and CEO Anthony Esposito says Americans will continue spending through the holiday season, but only by leaning heavily on credit. He noted that consumer credit card debt has soared to $5 trillion, yet shoppers are still expected to push holiday spending toward the $1 trillion mark.
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Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 90bps during yesterday's session, closing at 6781. The index has continued to rebound off the recent low (ref 6525) which marked just below our previously highlighted support level at
Media Appearances
In a wide-ranging interview, Ascalon VI Capital’s Anthony Esposito said the surge in artificial-intelligence stocks is increasingly distorting the broader market. He noted that the so-called “MAG7” now account for nearly 40% of the S&P 500’s gains, with Google’s explosive push into AI driving its
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Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained1.53% during yesterday’s session, closing at 6721. The index continued to push past the 100dma (ref 6611), hitting a high of 6731. To note, I have been focused on and
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Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 96bps during Friday’s session, closing at 6620. The index hit an overnight low of 6525, just below our focal support level at 6540. The index held and rallied into and