Couple thoughts in early trading
We highlight three thoughts on today's early market activity:
Read MoreMore sour housing data
Yesterday’s NAHB data showed homebuilder confidence had dropped to the lowest level since the onset of the pandemic.
Read MoreBrief thought on BOJ and our fundamental drivers
In a surprise move, the Bank of Japan (BOJ) made the decision to widen the trading band on 10-year bond yields to 0.25-0.50%. This move caused a surge in…
Read More4 Key tactical indicator levels
Here are Monday's closing levels for our four key tactical indicators:
Read MoreEarly Tuesday look
S&P futures are trading nearly unchanged from Monday's close amidst small losses in Europe and weakness in Asia overnight.
Read MoreMarket extends slide to four days
Stocks have declined every day since the Fed policy announcement last Wednesday.
Read MoreBuilder sentiment almost as bad as it was in April 2020
It hasn’t been a good year for builder confidence.
Read MoreMonday tactical indicators update
The benchmark indices were lower for the second consecutive week.
Read MoreEarly Monday look
S&P futures are trading above Friday's close amidst firmer markets in Europe and weaker close in Asia overnight.
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