Energy major outperformer
The S&P 500 (SPX) finished down -0.31% today. Energy was a major outperformer after this weekend's attack on a major Saudi oil facility. Treasuries were stronger across the curve.…
Read MoreThe S&P 500 (SPX) finished down -0.31% today. Energy was a major outperformer after this weekend's attack on a major Saudi oil facility. Treasuries were stronger across the curve.…
Read MoreI will be on CNBC tonight at 5:20pm to put the ramp in oil, economic backdrop, and market impact into perspective given we are emerging from the 3rd mini-recession…
Read MoreLast week was the third straight positive week for the market and this week will feature a number of significant economic data releases. Due out this week are: Industrial…
Read MoreThe Federal Reserve Bank of NY reported a decline in the Empire State Manufacturing Index, in the latest survey.
Read MoreThe near 10% rise in the price of West Texas Intermediate-term Crude Oil (WTI) Front Month Contract is one of the most dramatic one-day rises in history. That has…
Read MoreOil prices are seeing one of their largest daily gains in history which I believe is due to the weekend drone attack on Saudi Arabia’s key oil facility. That…
Read MoreThe S&P 500 Industrial sector has been having a good run recently. The group is currently up 8.7% since the S&P 500 (SPX) low on 8/14/19, making it the…
Read MoreDespite global economic concerns and tariff headlines, the retail sales data from the Commerce Department showed U.S. consumers continued to buoy the economy in August.
Read MoreThe S&P 500 (SPX) finished up 0.29%, off of highest levels. This is the sixth positive finish in the past seven sessions. The markets are still mostly focused on…
Read MoreAs the S&P 500 Index (SPX) trades up near the July high of 3027, our four favorite tactical indicators have started trending back towards overbought territory but are still…
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