News: Monday opened green but closed red. It was the fourth consecutive day of losses. And the first Down Friday / Down Monday since October. All four indexes posted moderate losses… There was little new information to price in. Headlines continue to...
News: On Friday, the market’s selloff continued but moderated its pace. All four indexes ended the day lower… The decline was carry over from the week’s hawkish FOMC meeting and weak retail sales. Sector Round Up All 11 sectors ended the day lower. T...
News: The bulls waved a white flag on Thursday. Buyers abandoned the market, and a broad selloff ensued. All four indexes settled deep in the red… Headlines blame The Fed, recession fears, and some weaker-than-expected retail sales. The U.S. Census r...
News: On Wednesday, The Fed hiked the federal funds rate by 0.5%. It’s now 4-¼% to 4-½%, its highest level in 15 years. Then Fed Chair Powell spoke… The next FOMC meeting is scheduled for Jan 31 – Feb 1, 2023. Right now, we expect another hike, likel...
News: The CPI inflation data report showed inflation continued to ease in November. Look at the chart. The trend is obvious… The market initially reacted with a massive +2-3% moves to the upside but slowly gave up most of those gains throughout the d...
News: Markets rose on Monday ahead of this morning’s CPI inflation data report. The indexes finished at their highs with solid gains… Sector Round Up Monday’s rally was broad. All 11 sectors ended the day higher. At the top… At the bottom… Notable Na...
News: Friday’s PPI inflation report came in above projections. These readings are the lowest we’ve seen since the spring of 2021. And while the numbers were slightly higher than some may have hoped. The downtrend is still intact… After these figures...
News: On Thursday, the markets finally managed to attract enough buyers to push all four major indexes to a positive close… Markets were green in light of the 10-month-high jobless claims data. Which fell in line with projected levels. Buyers claimed...
News: On Wednesday, the selling slowed, and the Dow managed to squeak a small gain. The other indexes posted modest losses… There were signs that the sellers may be running out of steam. Beneath the surface… The reduced selling fits well with our pr...
News: On Tuesday, the sell-off continued. Stocks fell for a second day, and once again, all four indexed closed deep in the red… Sector Round Up 10 of 11 sectors ended Tuesday red too. Falling the hardest… The lone green sector… Headlines switched fr...