Pullback consistent with stairstep playbook
Correction according to plan. The 7% correction in the S&P 500 (SPX) over the past six trading sessions is likely the first of a few 3-7% drawdowns followed by new…
Read MoreCorrection according to plan. The 7% correction in the S&P 500 (SPX) over the past six trading sessions is likely the first of a few 3-7% drawdowns followed by new…
Read MoreIt was a volatile Friday with the indices swinging between gains and losses and closing mixed.
Read MoreFor the second day, the major indices gave up early gains and traded into the red during the afternoon.
Read MoreIt was a volatile session with reversals in both stocks and bonds.
Read MoreOur credit indicators continue to point to improving credit conditions.
Read MoreThe quick pullback in stock prices at the end of last week increased pessimism among retail investors.
Read MoreInitial jobless claims were a little worse than expected, according to the U.S. Labor Department.
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