Initial Jobless Claims break below the 200k level for the first time in almost 50 years
Those filing Initial jobless claims in the prior week fell to a historic low of 199k.
Read MoreThose filing Initial jobless claims in the prior week fell to a historic low of 199k.
Read MoreThursday will feature a couple of data releases, including weekly jobless claims and the Leading Economic Indicator.
Read MoreThe latest report from Investors Intelligence showed bullish sentiment rose for the third week, continuing to reverse from the extremely low level of bullish sentiment (29.9%) set in early January.
Read MoreAfter gapping up ten points at the open, the S&P 500 Index (SPX) has since given up the gains and turned negative on the day. As of 11:30am EST, the…
Read MoreAfter the dismal Existing Home Sales report yesterday, today, the Federal Housing Finance Agency (FHFA) released their House Price Index, which was slightly better than estimates. For November, the HPI…
Read MoreTuesday saw the markets sharply lower on growing fears over global growth and an economic slowdown rose, ending a four day winning streak for the Dow. The markets fell after…
Read MoreHighlights Large-cap stocks were the initial leaders coming out of the latest correction Mid-cap and small-cap stocks have rotated to the point where portfolio managers should begin thinking about…
Read MoreWhile the New Home Sales and Housing Starts data remain on hold due to the government shutdown, Existing Home Sales data from the National Association of Realtors is one of…
Read MoreMedian post-crash reflex rally still points to a retest... The SPX has rallied 13.5% off the 12/24/18 low in just 17 trading days. While the reflex rally seems unbelievable, based…
Read MoreFollowing the trading holiday on Monday due to Martin Luther King Day, the markets will reopen on Tuesday with a potentially busy week of economic data depending on the ongoing…
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