It has been a rough few months for the bear camp, but today’s price action was a swing in their favor. What is most concerning about Thursday’s price action is…
Read More
The euphoria from Federal Reserve Bank Chairman Jerome Powell’s speech on Tuesday did not last very long. In fact, it began to fade immediately after the 4 PM EST close…
Whatever Federal Reserve Chairman Jerome “Pumping” Powell said during his speech earlier today, for the most part, investors perceived it to be “dovish.” The intraday volatility during his speech was…
The S&P 500 index futures three-day winning streak was snapped on Friday and the streak is anew on the downside. In addition to Friday’s weak close, the threat of geopolitical…
As much as the bulls ruled most of the week, it appears that a few bears have awakened from hibernation. Thanks to a duo of non-impressive earnings reports from the…
There is nothing more difficult than trying to catch major turns in the S&P 500 index futures. On most occasions, you are not going to be right, or notwithstand the…
For those expecting a retreat from yet another interest rate hike, you may have to wait another few days. For the first time in quite some time, Federal Reserve Bank…
After Monday’s session, it appeared that bulls were going to book some profits heading into month’s end. It seemed logical with the looming Federal Reserve Bank rate decision on Wednesday,…
Biggest week of earnings, Federal Reserve Bank Meeting and rate decision on Wednesday and a jobs number on Friday. What does that all add up to after a very strong…
It took some time, but the S&P 500 index futures have climbed back to the same area it was in mid-December. For a refresher, the index blasted to 4180 on…
