As the S&P 500 index futures were dangling on the ropes over the last few sessions, the Fed and Jerome Powell delivered the knockout punch. Obviously, the 0.75% basis rate…
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The S&P 500 index can only take so much bad news before it buckles. With one day absent of any Q3 earnings warnings on Monday, the index mounted a low…
Not too many issues are making new all-time highs in the current market environment. However, one issue that is in Wednesday’s session is General Mills (NYSE: GIS) following its FY2023…
The inevitable breach of the early September low (3900) came early in the premarket session, thanks to lower guidance coming from FedEx (NYSE: FDX). What many consider a bellwether for…
The stage is set for Friday’s quadruple, expected to be the biggest unwind since 2008, with the index hovering above a major support level. In order to avoid a test…
After such a horrendous day, as the one we had on Tuesday, there is always the chance of major follow-through the following day. The disaster was averted in the premarket…
The whole world, including Wall Street, was leaning the wrong way into Tuesday’s report on August CPI. For many, the only question was how much it was going to decline…
A strong end to the week on Friday led to a continuation move on Monday. The index spent very little time in the red during premarket trading and never even…
The three-day rally enabled the index to end a three-week losing streak. For the session, the cash index tacked on 61.18 handles or 1.53% to close at 4067.36, which brings…
The net change on the session, a gain of 25.50 handles at a close of 4005.50, does not reflect the premarket and intraday battles that took place. Premarket gains, undercut…
