Powell prompts powerful rally
Stocks meandered ahead of Chairman Powell’s remarks at the Brookings Institution, and the S&P 500 Index (SPX) drifted around the flat line, remaining in a relatively tight 26-point range.…
Read MoreStocks meandered ahead of Chairman Powell’s remarks at the Brookings Institution, and the S&P 500 Index (SPX) drifted around the flat line, remaining in a relatively tight 26-point range.…
Read MoreFed Chair Powell said time for moderating the pace of rate hikes could come as soon as December. In his speech he also said:
Read MoreThe Bureau of Economic Analysis (BEA) reported its second estimate for Gross Domestic Product (GDP) was a little stronger than the initial print.
Read MoreHere are Tuesday's closing levels for our four key tactical indicators:
Read MoreS&P equity futures are trading above Tuesday's close amidst positive sessions in Europe and Asia overnight (except for Japan).
Read MoreBoth the S&P 500 Index (SPX) and Nasdaq Comp. were lower for the third straight session, while the Dow Jones Industrial Avg. and Russell 2000 Index eked out fractional…
Read MoreBullish sentiment among retail investors pulled back in last week’s survey.
Read MoreThe headline consumer confidence data was slightly better than expected in November; however, it was still down to the lowest level in four months.
Read MoreS&P equity futures are trading above Monday's close, amidst a mostly mixed-to-higher session in Europe and a mostly positive close in Asia overnight.
Read MoreHere are Monday's closing levels for our four key tactical indicators:
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