Macro Investing and Market Strategy by Craig Shapiro
Craig Shapiro: Wall Street research examines AI unwind and funding outlook after midterms
Wall Street research during November 9-13, 2026, focused on the evolving situation in artificial intelligence following the midterm elections, with attention moving from positioning to who will ...
Live coverage of 30 year bond auction and catalysts, Craig Shapiro states
Live coverage of the U.S. 30 year bond auction results and discussion of major market topics, including a potential Democratic sweep, Jensen, hot CPI, a hawkish Federal Reserve, and rising oil ...
Craig Shapiro: CPI at 0.3 percent or higher reopens 50bp debate for equity valuations
A consumer price index (CPI) print of 0.3 percent or above reopens the debate over a potential 50 basis point policy move and removes the only real support holding equity multiples together. ...
Nvidia board opens investigation into Jensen Huang amid China spy claims, Craig Shapiro examines
Nvidia's board has launched an investigation into CEO Jensen Huang following reports of a China spy probe and mounting scrutiny from Congress. Craig Shapiro questioned the stability of the AI ...
Craig Shapiro: S&P drops 4 percent as liquidation follows rotation
The S&P fell 4 percent and the Nasdaq dropped 5.8 percent as liquidation followed rotation in the markets. Craig Shapiro described the situation as an 'alpha unwind' leading to a 'beta ...
Treasury drops duration supply commitment, Craig Shapiro notes
The U.S. Treasury removed the words 'at least' from its latest refunding statement, dropping its previous reference to keeping duration supply constant for 'at least' the next several quarters. ...
Craig Shapiro: October SLOOS shows credit slowdown driven by weaker demand
The October Senior Loan Officer Opinion Survey (SLOOS), covering the third quarter, indicates a slowdown in credit that is primarily driven by weaker demand rather than a tightening of supply. ...
Volatility could impact Sunday night trading, Craig Shapiro notes
Craig Shapiro questioned whether markets are on the brink or ready for an upward move during the usual Sunday night volatility. He invited others to join him, Paxtrader777, PharmD_KS, and ...
Craig Shapiro: AI credit strains emerge as bonds and Treasuries fail to hedge
Credit markets linked to artificial intelligence are experiencing pressure, with AMZN credit default swap spreads rising by 5 basis points and by 8.5 basis points over two days, while spreads for ...
Market catalyst outlook for 2027 analyzed during interview, Craig Shapiro discusses
The potential next big catalyst for markets and how 2027 could be impacted were discussed on the program The Morning Gap. Craig Shapiro shared his perspective on these topics during the ...
Craig Shapiro: SOXL rebalancing injects synthetic negative gamma, real risk not captured
Craig Shapiro said neutral gamma may obscure the real risk in current market conditions. He argued that SOXL's rebalancing process is adding synthetic negative gamma into the index, which he ...
AI market faces supply surge with Meta and Anthropic moves, Craig Shapiro notes
Meta's approximately $98 billion raise, Broadcom's chip financing, and Anthropic's IPO filing were all announced within a 48-hour period, reflecting a rapid increase in AI-related capital market ...
Craig Shapiro: Oil seen as pivotal factor for market dynamics into Monday
Oil is described as a key swing factor for market movements into Monday, with Craig Shapiro stating that a confirmed hit on Yanbu or Rabigh or any sign of a U.S. strike on Iran could push Brent ...
Is canceling an IPO preferable to a botched debut, Craig Shapiro asks
Craig Shapiro questioned whether it is better to cancel an initial public offering than to proceed with one that does not go well. He also asked whether this situation is a positive sign for ...
Craig Shapiro: Raising equity at this valuation preferable to taking on more high coupon debt for META
Craig Shapiro said that raising equity at META's current valuation appears to be a much better option than issuing additional high coupon debt. He added that this assessment also applies to other ...
Earnings growth may be at its peak, Craig Shapiro notes
Craig Shapiro questioned whether earnings growth has reached its peak during a live discussion this morning on "The Morning Gap" at NTLiveMedia. Shapiro also invited viewers to join the daily ...
Craig Shapiro: Key trading levels and plans discussed on Sunday Open replay
Key trading index levels and weekly trading plans were discussed by @PharmD_KS, @TradeSniperSara, and @paxtrader777 in a replay of "The Sunday Open" on @NTLiveMedia. Craig Shapiro highlighted the ...
Market themes and major asset classes to be discussed this week, Craig Shapiro notes
Craig Shapiro announced plans to join @paxtrader777, @PharmD_KS, and @TradeSniperSara in analyzing the significant week ahead for markets following a volatile close to last week. The discussion ...
Craig Shapiro: Gamma support ends as earnings season begins, market left more exposed
Gamma support in the market is ending as earnings season begins, with dealer gamma set to roll off next week and buyback blackout removing the corporate bid. Craig Shapiro posted that these ...
Fed Beige Book signals acceleration in inflation trends compared to last month, Craig Shapiro notes
Federal Reserve Beige Book commentary on inflation indicates a shift this month toward acceleration, reversing last month’s trend of stabilizing or slowing price momentum across U.S. districts. ...
Craig Shapiro: Volatility indexes VVIX and UVIX near 95 as spot VIX stays at 15.44
Volatility indexes VVIX and UVIX are each near 95, while spot VIX remains contained at 15.44. Craig Shapiro highlighted that tail protection is being bought on the surface, with TAIL at 50 and ...
