4 key tactical indicators closing levels
The percentage of stocks above the 10- & 50-day moving averages dipped lower with yesterday’s 0.94% decline in the S&P 500 Index (SPX).
Read MoreEarly Thursday look
S&P equity futures are trading below Wednesday's close amidst negative sessions in Europe and Asia overnight.
Read MoreVideo – The Zombie is chasing goldilocks
Regardless of today’s Fed decision, Jerome Powell is likely to suggest rates are going to remain higher for longer due to the resilience of the consumer and full employment…
Read MoreThe Fed holds rates steady at September FOMC meeting
As expected, the Fed kept rates at 5.25-5.50%. The vote was unanimous.
Read MoreWednesday random stat
In the closing comment yesterday, we noted that every time the SPX has closed lower this month, the index traded in negative territory the entire session.
Read More4 Key tactical indicator closing levels
Here are the closing levels for our four key tactical indicators over the past five sessions:
Read MoreTuesday recap
All four equity benchmarks finished lower today, with the three large-cap indices trading in negative territory the entire session.
Read MoreHousing Starts and Building Permits diverged in August
Yesterday’s builder sentiment was weaker than expected, and today, the data on housing starts and permits was mixed.
Read More4 Key tactical indicator closing levels
Here are the closing levels for our four key tactical indicators over the past five sessions:
Read More