A good week for the SPX and Nasdaq
Strength in technology stocks and stronger than expected economic data this morning helped the large-cap equity indices shrug off some early weakness and close near the highs of the day.
Read MoreStrength in technology stocks and stronger than expected economic data this morning helped the large-cap equity indices shrug off some early weakness and close near the highs of the day.
Read MoreAs evidence the market has been correcting internally as Tony said this morning, the market breadth readings are negative across the board even though the overall market is relatively flat…
Read MoreWithout a doubt, the housing market has been a bright spot during this recovery.
Read MoreMarkit composite PMIs reported out of Europe earlier this morning were generally weaker this month than they were in July, but that wasn’t the case for the U.S. data.
Read MoreWhile so many are focused on the potential for a correction, they are missing the point that throughout this entire week the market has already been correcting.
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