The bad news is the S&P 500 index extended its losing streak to four days. The good news is the index distanced itself from its daily low in the final…
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Three day weekends often produce outsized moves the following Tuesday. Investors were lulled to sleep by Friday’s sleepy close, which ended just off the highs of the intraday session. The…
Following the late day swoon on Thursday and the follow through in premarket trading, the stage was set for a big down day. However, as investors commonly witness, buyers (whether…
If investors looked at the opening and closing print in the S&P 500 index futures from the day session (only a few handles apart), one would think not much happened….
The S&P 500 index futures continue to be in a holding pattern with an inside day. After Tuesday’s weak close and the follow through in premarket trading, the bears were…
Investors were anticipating the reading of January Consumer Price Index would either send the index to new highs for the year or instigate a retracement of the January action. Wrong….
On many occasions, the day ahead of key economic data being released, the S&P 500 index futures are often range bound and choppy. The reason being investors on both sides…
During the premarket session, the bears were in control and nudged the index to its lowest level over the last eight sessions. However, the bulls successfully defended the premarket low…
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…
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…
