Stocks dip, but the major indices are all higher for August
Stocks meandered around yesterday’s record high, with the S&P 500 Index (SPX) trading mostly in negative territory.
Read MoreConsumer confidence drops to a six-month low
The U.S. consumer was less optimistic for the second straight month in August, and there were downward revisions to the July data as well.
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 up towards the high end of neutral territory last week, with the…
Read MoreEarly Tuesday look
S&P equity futures are trading nearly unchanged from Monday's close. Asian markets are mostly higher overnight following a somewhat sluggish start. European markets mixed. Treasuries are little changed with…
Read MoreVideo Post – Fed thought and tactical review
We are going to dig deeper into our key tactical indicators, the Growth vs. Value status, and update on "the average stock" indicator from last week.
Read MoreTactical indicator update
We look at the current position of our four key tactical indicators.
Read MoreEarly Monday look
S&P equity futures are little changed. Fairly busy macro week ahead with the August employment report the key input for the Fed's tapering calculus. Participation expected to be fairly…
Read MoreWeekend headlines around the street
We offer the weekend versions of interesting headlines that are being discussed heading into Monday trading...
Read MoreMidday market thought…
Admin note – Both Mike and I are away over the next two days, so absent anything earth shattering in the market or at Powell’s Jackson Hold speech, there…
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