Early Tuesday musing
Good morning. It looks like the S&P 500 (SPX) futures are higher this morning despite the protests and riots overnight. While it seems incredible the market can shake off the…
Read MoreGood morning. It looks like the S&P 500 (SPX) futures are higher this morning despite the protests and riots overnight. While it seems incredible the market can shake off the…
Read MoreStocks kicked off the first day of June on solid footing with all four of the major indices closing higher.
Read MoreThe Institute for Supply Management (ISM) reported some signs of stabilization in manufacturing in May.
Read MoreThe S&P 500 (SPX) closed Friday with a 0.48% gain, wiping out earlier losses and closing at the highest level in 60 sessions.
Read MoreThe University of Michigan Consumer Sentiment Survey was released at 10am.
Read MoreThe S&P 500 Index (SPX) which had been trading up 1% just before 2:00pm began drifting lower on news that President Trump will be holding a press conference Friday to…
Read MoreThere was some confusion over our call to go back on offense via tactical rotation into Value, Banks, and Tanks on Tuesday. The main question was are we back on…
Read MoreAfter hitting a seven year high the first week of May, bearish sentiment has declined each week since.
Read MoreFor the eighth week, the number of people filing initial jobless claims declined.
Read More“Banks and tanks” helped the S&P 500 Index (SPX) close back above 3000, as well as the 200-day moving average for the first time since early March.
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