Equity futures plunge on payrolls data
The market got a hotter employment report than it was hoping for.
Read More4 Key tactical indicator closing levels
Here are Thursday's closing levels for our four key tactical indicators. Please see Monday's tactical post for graphical reference.
Read MoreStocks lose some ground ahead of the payroll report
After the big rally yesterday, the major indices ended little changed ahead of tomorrow’s November nonfarm payrolls report.
Read MoreQ4 target met and Fed’s inflation challenge- summary
A less hawkish-than-expected tone from Federal Reserve Chair Powell sent the S&P 500 (SPX) just beyond our expected fourth quarter upside range of 8-12%.
Read MoreBears trump bulls for a record 35 consecutive weeks
Bearish retail investor sentiment has been above bullish sentiment for 35 weeks now, surpassing the previous record of 34 weeks which began at the start of the pandemic lockdown…
Read MoreInflation data a little softer in October
The month-over-month PCE readings were a little better than expected in October, while the year-over-year matched estimates.
Read More4 Key tactical indicator levels
Here are Wednesday's closing levels for our four key tactical indicators:
Read MoreEarly Thursday look
S&P equity futures are trading modestly below Wednesday's close, amidst widespread gains in Europe and Asia overnight Dovish takeaways from Fed Chair Powell's comments late Wednesday.
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