Macro Investing and Market Strategy by Craig Shapiro
SPX remains between 7200 and 7500, Craig Shapiro notes
Craig Shapiro comments that with the S&P 500 index remaining in the 7200 to 7500 range, the market is still in a wait-and-see phase. He suggests that it may take another week to gain more clarity ...
Craig Shapiro: Speculative short contracts in USD/JPY reach 40-year highs
Craig Shapiro highlights that three self-reinforcing feedback loops are now simultaneously active, each capable of independently triggering a COR1M spike and amplifying the others. He points ...
ES holds gains while NQ is flat, Craig Shapiro notes
Craig Shapiro reports that ES is maintaining fractional gains at 7,555.50, while NQ remains nearly unchanged at 29,306.50. This modest divergence suggests large-cap tech is not leading today’s ...
Craig Shapiro: Chip stocks show oversold bounce as energy becomes key macro driver
Craig Shapiro highlights that semiconductor stocks are experiencing a technical bounce, suggesting they are currently oversold and could revert to the mean. However, he cautions that this ...
Economic events and earnings drive a busy week, Craig Shapiro notes
Craig Shapiro highlights a busy week ahead, encouraging followers to join a Sunday evening session with NTLiveMedia to prepare for upcoming market events. He points to the release of CPI and PPI ...
Craig Shapiro: Market rotations and sector dispersion intensify despite closed weakness window
Craig Shapiro discussed recent market dynamics on 'The Sunday Open' for NTLiveMedia. He remarked on the difficulty of breaking through the SPX when the 'window of potential weakness' is closed. ...
NY Fed inflation outlook reaches four-year peak, Craig Shapiro notes
Craig Shapiro highlights a rise in New York Federal Reserve inflation expectations, with the median three-year ahead outlook now at its highest level in four years. Shapiro also points out that ...
Craig Shapiro: Vol-control funds drive mechanical bid as SPX held by positive gamma
Craig Shapiro highlights that vol-control funds are currently the leading mechanical buyers in the market as large realized volatility prints drop out of the trailing sample beginning tomorrow. ...
Investors rotate out of Q2 winners and into laggards, Craig Shapiro notes
Craig Shapiro highlights that the main intraday market trend is a coordinated new-quarter rotation. According to Shapiro, investors are selling leading Q2 performers such as semiconductors, ...
Craig Shapiro: Market positioning is spent as CTAs prepare for $45bn sell-off
Craig Shapiro highlights growing risks in current market positioning, stating that valuations are leaving no room for error. He notes that on a 2-sigma move down, commodity trading advisors (CTAs) ...
Inflation target delayed to 2028, Craig Shapiro notes
Craig Shapiro raises concern about the timeline for reaching the 2 percent inflation target, noting that the achievement of this goal has now been pushed back to 2028. He highlights that this ...
Craig Shapiro: Bitcoin pattern described as bear flag across several timeframes
Craig Shapiro highlights a technical analysis perspective that Bitcoin currently exhibits a bear flag formation within other bear flags, referencing commentary from a technical analyst known as ...
KOSPI plunges 10% as Nasdaq futures fall 3% pre-market, Craig Shapiro notes
Craig Shapiro highlights a significant overnight crash in the KOSPI index, which fell by 10%. According to Shapiro, the sharp decline is impacting Nasdaq futures, which are already down 3% in ...
Craig Shapiro: Father’s Day peace for preparing trading week with Sunday Open show
Craig Shapiro suggests giving fathers an hour of peace and quiet on Father’s Day so they can prepare for the upcoming trading week. He invites others to join him, along with additional ...
USDJPY trends sideways in long term pattern, Craig Shapiro notes
Craig Shapiro observes that the USDJPY currency pair has been exhibiting a prolonged consolidation pattern. He expresses interest in what may unfold next with the pair but does not provide a ...
Craig Shapiro: Stock market performance linked to Trump policy program
Craig Shapiro highlights that U.S. President Donald Trump openly connects stock market strength to his policy approach. According to Shapiro, Trump makes it clear that the stock market is ...
More equity supply could enter chip sector, Craig Shapiro suggests
Craig Shapiro highlights the possibility of increased equity supply for the chip sector. He adds that Hynix may consider a primary capital raise as well as a local ADR listing, which could ...
Craig Shapiro: Cross asset trading strategies and key pricing levels overview
Craig Shapiro recently interviewed Samantha LaDuc on NTLiveMedia, reversing their usual roles. The conversation explored updated cross asset views, focusing on important pricing levels relevant to ...
Small caps outperform as Russell gains over 1 percent, Craig Shapiro notes
Craig Shapiro reports that ES is up 0.38 percent and NQ is gaining 0.46 percent, with the Russell outperforming at a rise of 1.21 percent, indicating a risk-on sentiment toward small-cap stocks. ...
Craig Shapiro: Energy and staples outperform as growth sectors face selling
Craig Shapiro highlights that energy and consumer staples are leading the market, with growth sectors experiencing broad selling pressure in a defensive rotation on June 10, 2026. Key sector ...
Equity offerings anticipated for semis and hyperscalers, Craig Shapiro notes
Craig Shapiro highlights that market activity suggests capital markets desks are making calls to inform clients about anticipated equity raises in semiconductor and hyperscaler companies tonight. ...
