Starting to get that “whooshy” feeling
Equity indices are all trading near session lows, with the S&P 500 Index (SPX) off 40 points (-1.4%) and down for the fifth consecutive trading session. Selling pressure has really…
Read MoreEquity indices are all trading near session lows, with the S&P 500 Index (SPX) off 40 points (-1.4%) and down for the fifth consecutive trading session. Selling pressure has really…
Read MoreThe report out today from Investors Intelligence showed bullish newsletter writer sentiment moved lower for the first time in four weeks.
Read MoreThe Producer Price Index (PPI) report was pretty much a nonevent this morning as the month-over-month data was spot-on with estimates.
Read MoreA positive fundamental backdrop can be interrupted with the temporary periods of corrections, and we are partially through one now. We have been expecting further near-term volatility until our four…
Read MoreThe NASDAQ 100 Index (NDX), which is made up of the largest 100 non-financial companies listed on the NASDAQ is down 1.2% today.
Read MoreWall Street's biggest bull says correction is underway
Read MoreThe bond market is closed today for the Columbus Day holiday, so we should have a relatively quiet trading session for equities. This week’s data focuses on inflation and confidence,…
Read MoreThe 26-point drop in the Russell 2000 Index (RTY) today, has pushed the index price down to the 200-day moving average for the first time since April 2nd.
Read MoreThe nonfarm payroll report out today from the Labor Department showed that nonfarm payrolls (NFP) rose by 134k in September, well below expectations of 185k.
Read MoreWrapping up our week of high volatility and a market pullback, Friday features the release of the September Employment Report, which is due out at 8:30 A.M. EDT.
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