Whooshing in bottoming process
The S&P 500 (SPX) is down 10% from the January high, has broken the 200-day moving average, and finally “whooshed” on a 90% downside price and volume day. We continue…
Read MoreThe S&P 500 (SPX) is down 10% from the January high, has broken the 200-day moving average, and finally “whooshed” on a 90% downside price and volume day. We continue…
Read MoreThose filing Initial jobless claims in the prior week dropped to 215k, below consensus expectations of 230k and to the lowest level since January 1973. Those filing Continuing Jobless Claims…
Read MoreHigh volatility & correction since Jan 26 STILL all about human nature but blaming fundamentals. Started as high rates on labor inflation, then Steel & Alum tariff, then trade war,…
Read MoreThe macro fear of a flattening in the U.S. Treasury (UST) 2-10-year yield curve is aggressively making the rounds again today as a reason to be cautious toward the equity…
Read MoreTony Dwyer discusses bullish indicators that say buy during this market rebound.
Read MoreAfter a volatile couple of months, one of the biggest bulls on Wall Street believes he hasn't been bullish enough in this market.
Read MoreThe old Wall Street go-to saying in times of trouble is, “Markets don’t like uncertainty.” While true, when 1) our positive fundamental core thesis is firmly in place driven by…
Read MoreThe Durable Goods report was much better than expected.
Read MoreInitial Jobless Claims increase while Continuing Claims continue to move lower.
Read MoreU.S. existing home sales data surpassed estimates for the month of February.
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