Brief thoughts given recent volatility
The markets have been very volatile around chatter about various regional banks that are reportedly in trouble. The financial media and traders continue to focus on the “systemic” side…
Read MoreBulls unchanged
The American Association of Individual Investors (AAII) reported that bullish investor sentiment held at 24.1% in the latest survey.
Read MoreJobless Claims and Nonfarm Productivity
The number of applications filed for initial jobless claims was as expected in the week ended April 29.
Read MoreCaught in the undertow
Yesterday’s FOMC decision to raise its benchmark interest rates by 25 basis points and the press conference were largely in line with expectations.
Read More4 Key tactical indicators
Yesterday’s late day sell-off following the FOMC press conference did little to change our four key tactical indicators. Here are Thursday’s closing levels:
Read MoreEarly Thursday look
S&P equity futures are trading below Wednesday's close amidst a negative session in Europe and Asian shares closing higher overnight (Japan closed for holiday).
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