The Day Ahead, Tuesday September 25th
Monday saw the markets close lower following record highs being reached last Friday as investors responded to the latest actions from the United States and China in the ongoing trade…
Read MoreEnergy sector breaking through resistance
The strength in crude oil today is giving a lift to energy stocks. Crude oil has been trading higher all morning, and is currently up over 2% to $72.50; this…
Read MoreUpdate to our four favorite tactical indicators
While the S&P 500 Index (SPX) remains in the context of a long-term uptrend, there are four key tactical market gauges we focus on that typically identify the close proximity…
Read MoreThe Economic Week Ahead, September 24th
Following a quiet week, all eyes will turn towards the FOMC meeting on Tuesday and Wednesday as other key economic data is due out scattered around that meeting. With current…
Read MoreDay Ahead, Friday September 21st
With no key economic data due out today and a quiet week wrapping up, the focus today is on the S&P hitting new record high’s yesterday, following a rise of…
Read MoreThe Day Ahead, Thursday September 20th
Today will be the busiest and most important day of the week in terms of economic data, as the Leading Economic Indicator for August is due out along with a…
Read MoreU.S. Treasury yields moving higher again. Financial sector best performer in the S&P 500.
The yield on the 10-year U.S. Treasury is moving higher again today, touching 3.09%, the highest level since May. This is boosting the S&P 500 Financial sector, which is up…
Read MoreBullish sentiment remains elevated
The Investors Intelligence report out today, shows newsletter writer sentiment was a bit more bullish last week.
Read MoreThe Day Ahead, Wednesday September 19th
Another quiet day ahead in terms of economic data, as housing starts and building permits are the only data due out on Wednesday, which will be released at 8:30 A.M.…
Read MoreRising yield curve not benefiting regional banks
As the 10-year U.S. Treasury yield is climbing above the 3% threshold, we are seeing the yield curve surge higher. The yield curve, as measured by the difference between the…
Read More