What is it about Thursdays?
I don’t know the answer, but the S&P 500 Index (SPX) has closed lower on Thursday for seven straight weeks.
Read MoreBig jump in neutral sentiment
Retail investors were less bullish and bearish in the latest survey, pushing neutral sentiment over 40% for the first time in over two years.
Read MoreVideo – The definition of tumultuous
Today’s inflation data reinforces our view the Fed is in a box and the market doesn't know what to do with it. The market remains in the tactical reflex…
Read MoreEquity futures plunge on hotter CPI
The much-anticipated January Consumer Price Index (CPI) was released this morning, and it was worse than feared, hitting the highest levels since 1982.
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 for the third day with yesterday’s 1.45% rally in the SPX.…
Read MoreEarly Thursday look
S&P equity futures are slightly below Wednesday's close, amidst European shares trading mostly higher and a positive close in Asia overnight.
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