Volatile end to a volatile week
For the first time this week, the S&P 500 Index (SPX) gapped higher on the open.
Read MoreQ4 EPS update
There are just a handful of companies left to report now that 96% of S&P 500 (SPX) components have reported Q4/20 earnings.
Read MorePersonal income surged in January
The Commerce Department reported U.S. household incomes surged by the most since April thanks to a second round of stimulus checks.
Read More% of stocks above the moving averages
The percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages moved down to the lowest levels since early February after yesterday’s 2.45% drubbing…
Read MoreEarly Friday look
S&P futures are currently flat after trading down as much as 26 points overnight.
Read MoreStocks got walloped
Stocks got walloped today. It was a familiar theme of rising treasury yields and falling mega-cap tech stocks that dragged down the overall market.
Read MoreBearish sentiment dropping
Sentiment among retail investors turned less bearish for the fourth straight week, declining to the lowest level in two months.
Read MoreInitial jobless claims lowest since late November
The U.S. Labor Department reported applications for initial unemployment benefits dropped more than expected, declining to 730k vs. the consensus estimate of 825k.
Read More% of stocks above the moving averages
The percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages moved higher with yesterday’s 1.14% gain in the SPX. Below are the closing…
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