Ready-Fire-Aim update
In testimony on Capitol Hill today the Fed Chair clearly changed his tune on inflation. He said that “he thinks reducing the pace of monthly bond buys can move…
Read MoreComments from Chairman Powell pulled the rug out from under stocks
Fears surrounding the new Omicron variant of Covid-19 had stocks trading lower in early trading, but it was the comments from Chairman Powell that sent the market reeling. The…
Read MoreSmall dip in consumer confidence
Consumers were less optimistic than forecast in November.
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 rebounded with yesterday’s 1.32% gain in the SPX.
Read MoreEarly Tuesday look
S&P equity futures are trading well below Monday's close, -0.72%, amid renewed Omicron pessimism.
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