The Day Ahead, Tuesday September 25th
Monday saw the markets close lower following record highs being reached last Friday as investors responded to the latest actions from the United States and China in the ongoing trade…
Read MoreMonday saw the markets close lower following record highs being reached last Friday as investors responded to the latest actions from the United States and China in the ongoing trade…
Read MoreHighlights The financial crisis was triggered nearly 11 years ago by a run on the bank in staterun cash funds On the 10th anniversary of the Lehman default, few…
Read MoreThe strength in crude oil today is giving a lift to energy stocks. Crude oil has been trading higher all morning, and is currently up over 2% to $72.50; this…
Read MoreWhile the S&P 500 Index (SPX) remains in the context of a long-term uptrend, there are four key tactical market gauges we focus on that typically identify the close proximity…
Read MoreFollowing a quiet week, all eyes will turn towards the FOMC meeting on Tuesday and Wednesday as other key economic data is due out scattered around that meeting. With current…
Read MoreWith no key economic data due out today and a quiet week wrapping up, the focus today is on the S&P hitting new record high’s yesterday, following a rise of…
Read MoreExisting Home Sales, (which counts the sales of previously owned homes) was unchanged in August month-over-month. The seasonally adjusted annual rate of 5.34m, was below the consensus estimate of 5.36m…
Read MoreInitial Jobless Claims continue to trend lower and dropped to the lowest level since November 1969.
Read MoreToday will be the busiest and most important day of the week in terms of economic data, as the Leading Economic Indicator for August is due out along with a…
Read MoreThe yield on the 10-year U.S. Treasury is moving higher again today, touching 3.09%, the highest level since May. This is boosting the S&P 500 Financial sector, which is up…
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