Market On Open - Tuesday 31 October

DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Cestrian Capital Research, Inc., its employees, agents or affiliates, including the author of this note, or related persons, may have a position in any stocks, security, or financial instrument referenced in this note. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice. Companies referenced in this note or their employees or affiliates may be customers of Cestrian Capital Research, Inc. Cestrian Capital Research, Inc. values both its independence and transparency and does not believe that this presents a material potential conflict of interest or impacts the content of its research or publications.

Something Strange And Unfamiliar Happened Yesterday

A peculiar green color permeated screens yesterday, a kind of Remembrance Of Things Past moment. In theory that could happen again today, but since two successive days of up seems too much positivity in the current environment, let's not jinx anything and instead just look to the charts as usual!

It's FOMC Wednesday and that usually brings with it not a little skulduggery, so even if today is an up-day, don't be surprised to see major games afoot tomorrow. Unless you are trading real-time, we believe a little separation from the live ticker to be helpful in resolving Powell-induced anxiety (a condition rumored to be forming part of the DSM-V when published).

Before we get to those charts it behoves us to remind you that if you like to save money, today is your day.

Last Day To Lock In Our Current Extended Subscription Price

If you're considering taking out a 6-year Extended Subscription to this service, you have until the end of today, Eastern time, to lock in the current $6999, with a 25% discount no less, taking it to just $5249 - that's just $875/yr.

On 1 November the price rises to $8999.

You can sign up here to lock in at the current low price - and if you have a monthly or annual membership already, we'll give you a pro-rated refund of any unused portion of your current subscription. (If you'd rather just make one bespoke net payment, that's fine - just email me at alex.king@cestriancapital.com and we'll get it done for you).

Let's Get To It

Paying members, scroll right down for our latest take on markets. As always we look at the 10-year yield, the S&P500, Nasdaq-100, Dow Jones and the Russell 2000; we consider long-term and short-term outlooks, and we lay out staff personal account trading plans in each of the indices. We add Bitcoin and Ether futures pricing for good measure.

Note - to open full-page versions of these charts, just click on the chart headings, which are hyperlinks.