Company
US registered investment advisory firm whose investment adviser representatives include the market commentator Michael Kramer.
Michael Kramer of Mott Capital says tech ETF XLK broke its uptrend from July 29 and could test $175 support if it closes below its 50-day average. His bond-market thesis for AI rests on one hard figure, computer prices up 9.7%.
Reality
Mott Capital's Michael Kramer argues that deteriorating breadth in stocks and high-yield bonds, falling SOFR volumes and money fund outflows will meet another $317 billion of net Treasury issuance in October and November.
Reality
July headline PCE at 3.7 per cent puts a September Fed hike near even money, and the load-bearing piece of the argument is a chart claim about how little sits above today's 2-year and 10-year yields.
Reality
Michael Kramer reads options positioning and the chart as capping what a good print can pay, and says the level that matters is $210, not the headline number.
Reality
One analyst argues dealer gamma has pinned the S&P 500 and pressed the VIX down to 14.3. VIX options expire Wednesday morning, and the flows doing the pinning expire with them.
Reality