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Pristine Capital
Pristine Market Analysis & Watchlist 6/1

Pristine Market Analysis & Watchlist 6/1

Volatility crush! Now what?

Andrew O'Connell, CFA, FRM's avatar
Andrew O'Connell, CFA, FRM
Jun 02, 2023
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Pristine Capital
Pristine Capital
Pristine Market Analysis & Watchlist 6/1
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Team,

We made it to Friday! And the debt ceiling deal is on it’s way to get Joe Biden’s signature. Let’s dive in!

-Andrew


Economic Data

ISM Manufacturing data came in weaker than expected and below 50 this morning:

10Yr Treasury

ZN_F 10yr treasury futures trend continues to improve:

Equity Dashboard

74.7% advancers and a positive finish for equities. Volatility indices crushed across the board.

Index Price Action

ES S&P 500 +.09% after hours (Above monthly value area)

NQ Nasdaq +.16% after hours (Above monthly value area)

RTY Russell 2000 +.12% after hours (Inside monthly value area)

YM Dow Jones +.09% after hours (Inside monthly value area)

Bitcoin +.35% after hours (Inside monthly value area)

ZB_F 30yr Treasury +.02% after hours (Inside monthly value area)

In the following sections of tonight’s update, I’ll cover my research in preparation for tomorrow’s trading session

✅ Trend Model Update - Our proprietary indicator that informs us on how aggressive/defensive to position in the market

✅Market Strategy - My trading plan

✅ Today’s Trade Blotter and Position Update

✅Daily Watchlist - We scan thousands of stocks and hand-pick the best reward/risk opportunities

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