Stocks opened weak and closed even weaker
Threats of lockdowns in Europe and rising Covid-19 cases in the U.S. had investors in a risk-off mood today.
Read MoreWatching our tactical indicators
We have been highlighting over recent weeks, that with such an unclear backdrop, there is no edge until the market gets oversold enough on our most sensitive indicators.
Read MoreEurope weak
Concerns over potential lockdowns in Europe are hitting European stocks hard today.
Read MoreEarly look at a dreary Wednesday
S&P equity futures are trading down over 40 points from Tuesday's close, amidst sharply lower markets in Europe and a mixed close in Asia overnight.
Read MoreSPX down for the second day
The equity indices were mostly lower again today, as rising Covid-19 cases continued to weigh on investors’ minds.
Read MoreConsumer confidence weaker than expected
The Conference Board reported the Consumer Confidence Index slipped a little in October to 100.9 from a downwardly revised 101.3 in September.
Read MoreEarly Tuesday look
S&P equity futures are trading above Monday's close. Asian markets were mostly weaker overnight and European markets are mostly lower as well. Treasuries little changed after finding some reprieve from…
Read MoreUnder pressure
The major indices opened lower and remained in negative territory throughout the session.
Read MoreMidday musing – New Video!
Today I discuss the weakness, the environment, and if we are near oversold yet...
Read More