The other side of a whoosh
We entered the Fed announcement on the back side of a whoosh. Monday’s break to the downside marked the third day in a row where 85% of NYSE volume…
Read MoreWe entered the Fed announcement on the back side of a whoosh. Monday’s break to the downside marked the third day in a row where 85% of NYSE volume…
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages moved slightly higher with yesterday’s 1.46% gain in the SPX. Both remain at…
Read MoreS&P equity futures are trading sharply below Wednesday's close, amidst a sharply lower session in Europe and a mixed to lower Asia overnight.
Read MoreThe market was higher in early trading and remained there throughout most of the session.
Read MoreThe latest Summary of Economic Projections shows the median fed funds rate projection of 3.4% for 2022 and 3.8% for 2023.
Read MoreHeadline retail sales fell for the first time this year in addition to downward revisions to the April data.
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages held steady with yesterday’s 0.38% decline in the SPX. Both remain at deeply…
Read MoreS&P equity futures are trading above Tuesday's close, amidst higher markets in Europe and a mixed close in Asia overnight.
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