From Dave Lutz at Jones Trading
Despite the news that MSCI announced to double Chinese stocks’ weightings in its global gauge by the end of the month, overseas traders sold 10.6 billion yuan (US$1.54 billion) worth of mainland-traded shares through the exchange links today. That was the biggest single-day outflow since at least December 2016, when the stock connect programme between Shenzhen and Hong Kong started
Nasdaq Dorsey Wright
https://business.nasdaq.com/intel/dorsey-wright/index.html
Stock-market bears say don’t forget about this yield-curve signal as trade fears sink equities
Published: May 13, 2019 4:31 p.m. ET Flattening curves around world will stoke slowdown fears: economist
https://twitter.com/i/moments/1127307062789042176 Continue reading
From Dave Lutz at Jones.
“The fact that inversion occurred with futures expiration still over two weeks away gives us confidence that this move isn’t just noise (the front of the curve can be volatile near futures expiration) but is actually showing a demand for protection in the market,” said Vinay Viswanathan, an equity derivatives strategist at Macro Risk Advisors – There was record volume in TVIX, the 2x VIX ETF, yesterday
