4 key tactical indicators closing levels
Stocks were weaker across the board yesterday, and the S&P 500 Index (SPX) declined 1.47%, its fifth decline in the last six sessions. Here is an update on our…
Read MoreEarly Wednesday look
S&P equity futures are trading above Tuesday’s close. Asian markets were mostly higher overnight with Greater China outperforming despite continued property market concerns. European markets currently are mixed.
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Sales of new homes down in August
New home sales declined more than expected in August, but there was an upward revision to the prior month’s data.
Read More4 Key tactical indicator closing levels
Here are the closing levels for our four key tactical indicators over the past five sessions:
Read MoreFor the first time in five sessions, the SPX closed higher
The benchmark indices were lower on the open but recovered, ending the day in positive territory.
Read MoreMonday tactical indicators update
It was a tough week for stocks, with the S&P 500 Index (SPX) falling 2.93%, its third consecutive weekly loss and its biggest drop since March 10.
Read MoreThe Fed’s zombie has Goldilocks on the run
The Fed has been talking about “higher for longer” for months and finally put it into their forecast last week, yet somehow, investors were surprised and sold off stocks.…
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