Quick intraday thought…
The markets are volatile today as early strength has reversed on comments from Federal Reserve Governor Lael Brainard, who said “the FOMC will continue tightening monetary policy methodically through…
Read MoreU.S. services sector expanded in March
The Institute for Supply Management (ISM) released its Services Index at 10 am, and it showed that sector growth improved after falling for the prior three months.
Read MoreApril Macro Slide Deck- summary
Using near-term risk as intermediate-term opportunity, and where we would be wrong.
Read More% of stocks above the moving averages
The percentage of S&P 500 Index (SPX) stocks trading above the 10-day moving average was unchanged, while the % above the 50-dma moved slightly higher with the 0.81% gain…
Read MoreEarly Tuesday look
S&P equity futures are below Monday's close, amidst weaker markets in Europe and a higher close in Asia overnight.
Read MoreTactical indicators update
The S&P 500 Index (SPX) managed to eke out a fractional gain, extending its win streak to three consecutive weeks.
Read MoreS&P 500 positive for the third week
The major indices traded in and out of positive territory, ending the day closer to the highs, and bouncing back from two days of losses. The S&P 500 Index…
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