Fed leaves rates unchanged
At today’s FOMC meeting, on top of not changing the Fed Fund’s target range, we would like to point out the following: The meeting statement contained very few changes…
Read MoreAt today’s FOMC meeting, on top of not changing the Fed Fund’s target range, we would like to point out the following: The meeting statement contained very few changes…
Read MoreTony commented on the drop in bullish newsletter writer sentiment in this morning’s post. But for those who would like to see a chart of the data, we have posted…
Read MoreAfter weaker than expected new home sales data was reported on Monday, today we got weaker pending home sales data as well.
Read MoreThere certainly has been a pick up in volatility in both directions over recent sessions. Following the 1.4% gap down in the S&P 500 (SPX) we showed that when this…
Read MoreAfter two bad days, the four major indices all snapped back yesterday.
Read MoreThe Conference Board reported the Consumer Confidence Index rose more than expected in January and there were upward revisions to the December data.
Read MoreI am traveling in the mid-Atlantic again today visiting clients. I think the post from yesterday that highlighted the last two times the S&P 500 (SPX) gapped down 1.4% is…
Read MoreThe spread of Wuhan coronavirus had investors on edge again today. Stocks added to Friday’s decline with the Dow Jones Industrial Avg., S&P 500 Index (SPX), Nasdaq Comp. and Russell…
Read MoreAlthough the S&P 500 Index (SPX) has climbed back from session lows, the weak open for the index this morning caught our attention.
Read MoreNew home sales slowed for the third month in December.
Read More