Bullish individual investor sentiment gains more ground
The Association of Individual Investors (AAII) reported that bullish sentiment rose to 35.34% from 33.13%.
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 MoreNewsletter writers’ bullish sentiment gained some more ground, rising to the highest level in seven weeks.
Read MoreData out today from the Commerce Department suggests lower mortgage rates provided a huge boost to home construction.
Read MoreThe S&P 500 (SPX) finished up 0.26% today. Treasury yields were lower. Crude (CL1) finished down -6.58% , while Gold (GC1) finished down -0.18%. NYSE volume was weaker on…
Read MoreIndustrial Production rose 0.6% for the month of August, well ahead of expectations which were looking for an increase of 0.2%.
Read MoreIn last night's "Fast Money" segment, we covered our view that the economy is emerging from the 3rd mini-recession of the current economic cycle.
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