Initial jobless claim a little light
The U.S. Labor Department reported the number of people filing initial jobless claims fell by 10k to 230k, slightly below the 240k consensus estimate.
Read MoreThe U.S. Labor Department reported the number of people filing initial jobless claims fell by 10k to 230k, slightly below the 240k consensus estimate.
Read MoreThe oversold bounce removed the near-term oversold/pessimistic condition. Here are the closing levels for our four key tactical indicators:
Read MoreS&P equity futures are trading well above Wednesday's close amidst widespread gains in Europe and Asia overnight. Treasuries slightly weaker after a big rally in prior session. Dollar better…
Read MoreThe S&P 500 Index (SPX) opened higher and remained there all day, closing near the high, up 1.10%, its first 1% rally since June 30.
Read MoreA lack of housing inventory is driving demand for new homes despite high mortgage rates.
Read MorePMI data reported this morning from S&P Global was lower than expected, although the Composite Index still showed expansion.
Read MoreS&P equity futures are trading just above prior close. Asian markets were mixed overnight with China the laggard as the Shanghai Composite fell nearly 1.5% while Shenzhen was down…
Read MoreThe choppiness in the market over the past two days has done very little to change our indicators. Our shorter-term measures are still bordering on oversold, while our intermediate-term…
Read MoreStocks were mostly lower, although the Nasdaq Comp. closed with a fractional gain.
Read MoreHere are our four key tactical indicator closing levels over the past five sessions:
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