Thursday thoughts
Thursday thoughts: Declining volume on the NYSE has been higher than advancing volume for the past 5 days. It isn’t surprising we are seeing a bounce. The “frustration phase”…
Read MoreThursday thoughts: Declining volume on the NYSE has been higher than advancing volume for the past 5 days. It isn’t surprising we are seeing a bounce. The “frustration phase”…
Read MoreThe number of people filing for initial jobless claims remained above 3 million for the seventh week.
Read MoreThe recent rise in the 10-year U.S. Treasury (UST) yield coupled with a combination of three factors could cause near-term upward pressure on the long-end of the UST yield curve:
Read MoreThe S&P 500 Index (SPX) opened higher but spent the rest of the session trading in and out of positive territory.
Read MoreMore newsletter writers are jumping on the bull train.
Read MoreADP reported that private payrolls at U.S. companies fell by the most on record, going back to 2002.
Read MoreIt looks like we are going to get a lift this morning in the equity market that could make up for the late day fade yesterday. Half the gains on…
Read MoreInvestors sure seem optimistic that with more states beginning to reopen their economies, it means the worst of the pandemic is behind us.
Read MoreThe Institute for Supply Management (ISM) released its Non-Manufacturing Index at 10am, and it slumped to the lowest level since the Great Recession.
Read MoreGood morning subscribers. We pointed out a few weeks ago the market had likely entered into a digestion area we are referring to as the “frustration phase” of the long-term…
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