Staying with the game plan
The acknowledgement of the economic slowdown and less hawkish tone from Fed Chair Jerome Powell helped rally the S&P 500 (SPX) by 2.6%.
Read MoreThe acknowledgement of the economic slowdown and less hawkish tone from Fed Chair Jerome Powell helped rally the S&P 500 (SPX) by 2.6%.
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages were higher with yesterday’s 2.62% rally in the SPX.
Read MoreThe market was trading higher from the start today, and the S&P 500 Index (SPX) had recouped all of yesterday’s drop by mid-morning.
Read MoreAs expected, the FOMC raised the Federal Funds Rate by 75 bps for the second time in two months.
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages were lower with yesterday’s 1.15% decline in the SPX.
Read MoreS&P equity futures are trading well above Tuesday's close, amidst a positive session in Europe and a mixed to lower session in Asia overnight.
Read MoreStocks were weaker from the start and continued to slide throughout much of the session.
Read MoreSales of new homes fell much more than expected in June.
Read MoreThe Conference Board reported its Consumer Confidence Index declined to a 17-month low in July.
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above10 & 50-day moving averages have steadily climbed higher over the last week.
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