Consumer sentiment is ramping higher
Consumer sentiment was much stronger than expected, however, inflation expectations also increased.
Read More4 Key tactical indicator closing levels
All four of our four key tactical indicators are at overbought/optimistic levels given the recent gain in the market:
Read MoreTGIF Early look
S&P equity futures are trading marginally above Thursday's close amidst mostly mixed European markets and a firmer session in Asia overnight.
Read MoreSPX breaches 4500
Stocks continued to climb higher, and the S&P 500 Index (SPX) and Nasdaq Comp hit new highs.
Read MoreBullish sentiment drops by the most in two months
Retail investors turned less bullish in the latest survey.
Read MoreProducer prices continue to slide
Following yesterday’s cooler CPI print, today, y/y prices on the wholesale level were lower as well.
Read More4 key tactical indicator levels
Here are the closing levels for our four key tactical indicators over the past five sessions:
Read MoreEarly Thursday look
S&P equity futures are trading above Wednesday's close amidst higher sessions in Europe and Asia overnight.
Read MoreS&P 500 and Nasdaq hit highest levels since April 2022
The cooler CPI report led to a strong open for stocks, and the S&P 500 Index (SPX) gapped higher by 0.64%, the biggest gap since May 25 (the morning…
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