News: If the market was looking for assurances from Fed Chair Powell on Friday, it would have been left disappointed. Powell himself admitted The Fed was in the dark, saying, “We are navigating by the stars under cloudy skies.” He left a sense of cau...
News: Markets decided NOT to build on or even hold on to Wednesday’s gains during Thursday’s session. Markets are on edge as Fed Officials gathered in Jackson Hole for the annual symposium. The indexes all closed deep in the red… Sector Round Up Not...
News: Markets lurched higher on Wednesday as oversold conditions were alleviated. The indexes ended the day with solid gains… Sector Round Up Bulls had a very strong showing across the board … 10 of the 11 sectors closed higher. At the top… The loser...
News: On Tuesday, markets opened green, but buyers failed to push beyond the initial open. As the trading session wore on, stocks declined at a controlled pace. The indexes ended the day mixed, with a bearish tilt… Sector Round Up Only 3 of the 11 se...
News: Markets opened the week to some strong buying. However, the buying was limited to certain sections of the market. Tech and some risk-on stocks gained while the mega caps and small caps lagged behind. The indexes ended the day mixed… Sector Roun...
News: Markets opened lower on Friday, and buyers pounced. After the weak open, stocks climbed into the close and ended the week mostly flat. The indexes posted a mixed close… Investors were digesting slow growth in China and high interest rates. Spea...
News: The markets continued their multi-day slide on Thursday. Seasonal weakness, a hawkish Fed, China’s slowing economy, and rising interest rates gave buyers no reason to buy and sellers every reason to sell. The indexes posted a third day of losse...
News: The 10-year U.S. Treasury Note spiked more than 4% on Wednesday, closing at 4.258%, its highest level since 2008… The higher rates, coupled with the hawkish-sounding Fed minutes, sent stocks lower during Wednesday’s session. The indexes all clo...
News: Markets fell on Tuesday. Investors digested several new data points… Both news items weighed down the market. The indexes all closed the day deep in the red… Sector Round Up The bears owned the day on Tuesday. All 11 sectors finished the day i...
News: Markets moved modestly higher on Monday. The indexes were mostly green… Under the surface, the bull case wasn’t as clear. 56% of the stock declined, while just 40% posted gains. Sector Round Up Risk-on stock led the indexes charge, with 6 of th...
