Early Monday look
The futures are looking a bit higher this morning on hopes Washington can come together for a deal to extend unemployment benefits that have recently expired. Given the atmosphere in…
Read MoreMega-cap tech propped up the major indices
Thanks to some stronger than expected earnings report from a handful of key mega-cap tech stock names last night, the major indices all opened higher today.
Read MoreMinimal participation today
There are only two of the 11 S&P sectors trading higher today, Consumer Disc. and Information Tech.
Read MoreIncomes declined again in June
After the record surge we saw in April, Personal Income declined for the second month as the effects of the Government’s fiscal stimulus wear off.
Read MoreShould be a very interesting Friday
Wow. To watch some of these mega-cap “stay-at-home” stocks gap higher despite the move they have already had is nothing short of breathtaking.
Read MoreStocks pare early losses. Nasdaq closes in the green
Equity Futures were pointing to a lower open, but some bad economic data and a Trump tweet accelerated the declines.
Read MoreStill in consolidation until proven otherwise
The market just cannot put together really good back to back days, which serves as evidence suggesting we are still in the consolidation that began in early June. The strength…
Read MoreRetail investor bullish sentiment drops to a 4+ year low
The retail investor is not very optimistic on the stock market.
Read MoreGDP contracts 32.9% in Q2
It comes as no surprise it was a terrible GDP number this morning.
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