The DJIA is going nowhere fast
It has been an unusually tight trading range for the Dow Jones Industrial Average (DJIA) recently.
Read MoreIt has been an unusually tight trading range for the Dow Jones Industrial Average (DJIA) recently.
Read MoreThere is very little movement and liquidity in the market as we wait for key economic data, the Fed announcement Wednesday, and further clarity on Chinese trade negotiations.
Read MoreThe Conference Board reported the Consumer Confidence Index had an 11-point rebound in the latest survey.
Read MorePersonal Income and Spending data was released this morning and it showed income rose 0.4% in June, matching the consensus estimate and the revised May reading (Figure 1).
Read MoreUS equities traded mostly lower on an uneventful Monday, preceding a busy week of macro data and earnings. The S&P 500 (SPX) finished down just -0.16% after rising more…
Read MoreToday’s note may very well be one of the most important in my career.
Read MoreThe U.S. and the world have literally tried to fix an excessive amount of debt by causing exponentially more debt (Figure 1). For the better part of the last…
Read MoreFollowing a week that displayed better-than-expected Q2 earnings, we will see a number of significant economic events this week. Most importantly, the long awaited FOMC Rate Decision will be…
Read MoreThere really wasn’t anything this week that would change our view the market is likely in the process of a near-term correction that should provide for a better entry…
Read MoreU.S. Gross Domestic Product (GDP) growth slowed in the second quarter but not as much as expected.
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