Bearish retail sentiment declined for the second week
Despite the recent drop in stock prices, retail investors were a little less bearish in the latest survey.
Read MoreDespite the recent drop in stock prices, retail investors were a little less bearish in the latest survey.
Read MoreInitial jobless claims were higher than expected, but the data reinforces that the labor market remains tight.
Read MoreOn the heels of yesterday’s hot Consumer Price Index, today, the Bureau of Labor Statistics reported its Producer Price Index (PPI) for final demand eased from March’s record levels.…
Read MoreOn Wednesday, equity futures were headed for a stronger open until the CPI data at 8:30am pulled the rug out from under them.
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages moved lower again yesterday with the 1.65% drop in the SPX.
Read MoreS&P equity futures are trading below Wednesday's close, amidst a sharply lower session in Europe and a negative Asia overnight.
Read MoreAfter the close, St. Louis Fed’s James Bullard made a couple statements that may take some pressure off the financial markets. According to Bloomberg he indicated:
Read MoreIn this short video we discuss the inflation data and what it might mean for the Fed (still in a box) and our market outlook...
Read MorePlease do NOT get overly negative now because this is information we have been talking about and known to the market. The Fed is in a box because their…
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