Early Wednesday look
S&P equity futures are trading just below Tuesday's close, amidst widespread losses in Europe and Asia overnight.
Read MoreTuesday takedown
What started off as a solid rally turned lower after the weaker-than-expected consumer confidence data was released at 10am.
Read MoreConsumer confidence lowest since February 2021
The Conference Board reported its Consumer Confidence Index declined to a 16-month low, although it wasn’t nearly as sour as last Friday’s Michigan Sentiment report.
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 have staged a strong rebound as the SPX has rallied over 6% off…
Read MoreEarly Tuesday look
S&P equity futures are trading above Monday's close, amidst a positive session in Europe and a mixed Asia overnight.
Read MoreMonday meander
Stocks struggled for direction today, and the three large-cap benchmarks closed in negative territory.
Read MoreThankfully the markets are fairly subdued today.
I am under the weather with Covid and laying low for the next couple days. Obviously, if things go crazy we will make a comment – but for now…
Read MoreTactical indicators update
Equities staged a sharp rebound last week, with the S&P 500 Index surging over 3% on Friday and 6.45% for the week.
Read MoreEarly Monday look
S&P equity futures are trading above Friday's close, tracking widespread gains in Europe and Asia overnight.
Read MoreBest day for the SPX in over two years
Stocks opened higher with the rally extending gains after the Michigan sentiment report showed slightly lower inflation expectations.
Read More