Narrow trading ahead of tomorrow’s CPI
The S&P 500 Index (SPX) opened in negative territory and remained there throughout the session, stuck in a very narrow 13-point range after the open.
Read MoreSmall business optimism sinks to a new low
Labor quality and inflation were the biggest concerns.
Read More4 key tactical indicators
Yesterday’s flat S&P 500 Index (SPX) did little to change our four key tactical indicators.
Read MoreEarly Tuesday look
S&P equity futures are trading below Monday's close amidst a negative session in Europe and a mostly lower close in Asia overnight.
Read MoreMay Macro Slide Deck
The market appears to be holding up very well given the combination of the fastest Fed rate hike cycle in history and increasing expectations of a recession.
Read MoreMonday tactical indicators update
Stocks kicked off May a little weaker, with the S&P 500 Index (SPX) giving up 0.80% for the week.
Read More