Mid-Q4 EPS update
It was a busy week for earnings, and 110 S&P 500 companies reported EPS over the week.
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467K jobs added in January
Despite the surge in Omicron cases, it was a blowout payroll report in January— although the revisions to the prior months’ data make it a little tough to swallow.…
Read MoreFirst glance thoughts on Payroll data
Today’s upside surprise in the Monthly Payroll Data out of the Bureau of Labor Statistics (BLS) reinforce the following:
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 both moved lower with yesterday’s 2.44% drop in the SPX.
Read MoreEarly TGIF Look
S&P equity futures are trading below the level reported in our last update, and are now trading below Thursday's close, amidst lower markets in Europe and a positive Asia…
Read MoreBearish sentiment pulled back as the market rebounded
After increasing over the prior four weeks to the highest level in almost nine years, retail investors turned less bearish on stocks as the S&P 500 Index (SPX) rebounded…
Read MoreWeak day, but not a “whoosh”
“In this short video we dissect the market action following the reflex rally…”
Read MoreNonfarm Productivity and Jobless Claims
The Bureau of Labor Statistics (BLS) reported that fourth-quarter productivity had a sharp rebound from Q3’s negative reading.
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