Monday tactical indicators update
The S&P 500 Index (SPX) gave up a little ground last week, falling -0.51%, its first down week in four weeks.
Read MoreThe S&P 500 Index (SPX) gave up a little ground last week, falling -0.51%, its first down week in four weeks.
Read MoreEarlier this week at the FOMC Press Conference, the Fed Chair said that if the data got worse, they would be more aggressive with monetary policy. According to Bloomberg…
Read MoreWith the S&P 500 (SPX) getting within a stone’s throw of a new high this week we wanted to see which of the S&P 500 Sub-Industries were leading the…
Read MoreDespite a relatively flat week for the S&P 500 (SPX), it has been a good week for economic data relative to expectations.
Read MoreThe S&P 500 (SPX) finished unchanged today. Treasury yields were lower. Crude (CL1) finished up 0.57% , while Gold (GC1) finished down -0.63%. NYSE volume was weaker on the…
Read MoreThe Conference Board reported the U.S. Leading Economic Index (LEI) was unchanged in August, which was better than the -0.1% m/m estimate.
Read MoreThe Association of Individual Investors (AAII) reported that bullish sentiment rose to 35.34% from 33.13%.
Read MoreYesterday the FOMC decided to lower the Fed Funds target range by 25 basis points to 1.75-2% while lowering the interest rate on excess reserves to 1.80% from 2.10%.…
Read MoreThe S&P 500 (SPX) finished up 0.03% today. Treasury yields were mixed. Crude (CL1) finished down -1.87% , while Gold (GC1) finished down -0.83%. NYSE volume was weaker on…
Read MoreIn our opinion, expectations for the Fed’s meeting and press conference today were very low going in, and Fed Chair Powell disappointed even relative to the low expectations. The…
Read More