Bearish sentiment dropping
Sentiment among retail investors turned more bearish for the fourth straight week, declining to the lowest level in two months.
Read MoreInitial jobless claims lowest since late November
The U.S. Labor Department reported applications for initial unemployment benefits dropped more than expected, declining to 730k vs. the consensus estimate of 825k.
Read More% of stocks above the moving averages
The percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages moved higher with yesterday’s 1.14% gain in the SPX. Below are the closing…
Read MoreEarly Thursday look
S&P futures are trading -0.38% below Wednesday's close, amidst a mixed-to-higher session in Europe and a positive close in Asia overnight.
Read MoreArticles from around the street
We offer some important stories that could affect the macro and market backdrop today…
Read MoreMidday musing fast fact
You may find the make up of the sector weightings as interesting as I just did...
Read MoreNew home sales jumped in January
New home sales rose by more than forecast in January, and there was an upward revision to the December data as well.
Read More% of stocks above the moving averages
The percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages were pretty much unchanged after yesterday’s 4-point gain in the SPX. Below are…
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