% of stocks above the moving averages
The percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages declined with yesterday’s 3.57% drop in the SPX. Both remain in neutral territory.…
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages declined with yesterday’s 3.57% drop in the SPX. Both remain in neutral territory.…
Read MoreWhat investors cheered about yesterday, no longer seemed to matter today, as the market opened weaker and remained weak throughout the day.
Read MoreRetail investors were a little less negative about their market outlook; however, they are still far from positive.
Read MoreThe market is reversing the FOMC fueled ramp and more. Clearly, the bond market doesn’t like what they heard and have reacted in a dramatic way.
Read MoreStocks are taking a beating in early trading following the biggest one-day gain in the S&P 500 Index (SPX) in almost two years.
Read MoreThe Bureau of Labor Statistics (BLS) reported that first-quarter productivity had a sharp drop from Q4/21.
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages surged higher on the biggest one-day gain in the SPX in almost two…
Read MoreS&P equity futures are trading below Wednesday's close amidst a positive session in Europe and a mixed close in Asia overnight (Japan still closed for holiday).
Read MoreStocks had some difficulty picking a direction in early trading, with the major indices opening higher but drifting into negative territory by mid-morning.
Read MoreAs our earlier post highlighted, the Fed raised rates 50-basis points and announced their balance sheet reduction plan.
Read More