Bottoming ping-pong
This morning looks like another wild one – this time to the downside: Monday – Market up huge and it felt like the correction was over Tuesday – Market…
Read MoreThis morning looks like another wild one – this time to the downside: Monday – Market up huge and it felt like the correction was over Tuesday – Market…
Read MoreIt was another big day on Wall St. with the major indices surging higher.
Read MoreNow THAT is a reflex rally. This day-to-day action is part of the process of a post-whoosh reflex rally. As we have been discussing, we expect it to be a…
Read MoreThe Institute for Supply Management (ISM) reported softer manufacturing data on Monday, but that was not the case for the services sector.
Read MoreNot surprisingly, bullish sentiment among newsletter writers pulled back further.
Read MoreLooks like a strong open on the back of a solid Biden showing in the Super Tuesday primary and no major new news on the spreading of the Covid-19. This…
Read MoreRepeat after me: 0.999%. That is where the U.S. Treasury 10-year yield ended the day along with a big drop in stocks.
Read MoreWatch Tony today on Closing Bell 4pm EST. We got the whoosh, then the pop, then the 50-basis points, now what? Tune in to hear what Tony has to say…
Read MoreWe have long said the monetary and fiscal stimulus should prove significant due to the Covid-19 fear – and it is. The Fed did an emergency 50-basis point rate cut…
Read MoreYesterday’s 5.09% ramp in the Dow Jones Industrial Average (DJIA) was the largest one-day gain since the end of the Global Financial Crisis.
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