Finally, an UP day for banks!
The KBW Regional Bank Index (KRX) is currently up over 2.8% today, and on track to close higher for the first time in nine trading sessions. We found that a…
Read MoreThe KBW Regional Bank Index (KRX) is currently up over 2.8% today, and on track to close higher for the first time in nine trading sessions. We found that a…
Read MoreThe report out today from Investors Intelligence showed bullish newsletter writer sentiment ticked higher for the third week.
Read MoreThe Dow Jones Industrial Average (DJIA) outperformed the broader market today, gaining 122 points (0.46%), and set a new record high. This marks the 14th new closing high for the…
Read MoreThe S&P 500 Financials Sector is the worst performing sector today, trading down 0.51%. The relative performance remains weak as well. The chart below shows the relative performance of the…
Read MoreFollowing a Monday that saw markets sharply higher on news that the United States, Canada and Mexico reached a new trade agreement, Tuesday features a one-day lull in economic data…
Read MoreDespite giving up much of the early session gains, the S&P 500 Index (SPX), still managed to close higher by over 10 points (+0.36%). A strong first trading session of…
Read MoreAlthough the “New Nafta” agreement is likely to create an early lift to the markets this week, we expect an important week for economic data to add a bit of…
Read MoreBack in the office for the first time in a while today, and was immediately greeted with a number of solid investors asking about the potential for a pullback. There…
Read MoreToday concludes what has been a busy week with two more key consumer-based data releases. Earlier this week, the Conference Board reported consumer confidence was at an 18-year high. We…
Read MoreWednesday saw the FOMC raise rates as expected and a removal of the word accommodative from the statement, which initially sent stocks and Treasury Yields higher, but then reversed course…
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