Highest level of bearish sentiment in 26 weeks
Bullish sentiment held steady in the latest survey, but there was a big change from those who were neutral, into the bearish camp.
Read MoreContinuing jobless claims drop below 3 million
The U.S. Labor Department reported initial jobless claims declined for the second week, coming in as expected at 385k (383k est.).
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 lower with yesterday’s 0.46% decline in the SPX.
Read MoreHeadlines from around the street
We offer some interesting articles on topics being discussed in the markets...
Read MoreEarly Thursday look
S&P equity futures are trading above Wednesday's close amidst a positive session in Europe and a mixed close in Asia overnight.
Read MoreUsed car and market thought…
There is an increased focus on used car prices because the spike since last year has created an outsized move in the rate of Inflation. We would like to…
Read MoreA deeper dive into ISM Services
Our friend and Chief Economist at FHN Financial offered some great insight on the ISM Services report this morning:
Read MoreMid-morning musing
The market has no idea which way to go. I am sitting here watching the futures move around and there really doesn’t appear to be any rhyme or reason. …
Read MoreADP employment report much weaker than expected
An early indication for the July employment report released this morning showed employers added less than half the number of payrolls that were expected.
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