Premarket traders were hopeful for a light Producer Price Index as the futures were bid, but that did not turn out to be the case. Instead, the result was a…
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All streaks come to an end, and the S&P 500 index added 29 handles to close at 3965.75 to snap its four day losing streak. The real bargains in the…
The S&P 500 index is having its first four-day losing streak since early November, which set the stage for a major rally. The good news is that the bulls were…
If you thought the S&P 500 index rally over 4100 last week off Jerome Powell’s supposedly dovish speech was ridiculous, you were correct. From the time of the start of…
At one point last week, the S&P 500 index was poised to clear 4100 and finish the year on a really strong note. However, the index failed to garner sustained…
The term “buy the dip” never seems to get old in these markets. After a quiet premarket session, the S&P 500 index futures went into reverse mode after the better-than-expected…
Early in the session, the S&P 500 index indicated it was primed for a two-day power move to the upside, but was turned back. The economic data released at 10:00…
There is no other way to put it. Whether he meant it or not, investors came away with extremely “dovish” views of Fed Reserve Chairman Jerome Powell at the Brookings…
The S&P 500 index fell for the second day in a row as its top five components, all mega-cap tech stocks, were all in the red ranging from 0.65%-2.2%. After…
The S&P 500 index futures were under selling pressure from 6:00 PM EST opening on Sunday night until late in the session. Chaos in China over Covid-19 restrictions had investors…
