Some consolidation takes hold
Stocks were mostly lower today. The Nasdaq Comp. was the only one of the major four indices that managed to recover from early losses and close with a gain.
Read MoreStocks were mostly lower today. The Nasdaq Comp. was the only one of the major four indices that managed to recover from early losses and close with a gain.
Read MoreEven though the S&P 500 (SPX ) is only down a little today, the inter-market action reinforces our view the market is ready to consolidate and rest. Treasury yields are…
Read MoreThe move out of the trading range has been at lightning speed and associated with strong internal strength. The percentage of the S&P 500 (SPX) components trading above their respective…
Read MoreThe National Federation of Independent Businesses (NFIB) reported small business confidence improved in May.
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