For the first time since early September, the S&P 500 index futures have put in place a three-day winning streak. The index spent much of the premarket trading in the…
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In the past, the world’s markets moved in harmony. Whereas a steep decline in the Chinese stock market overnight would parlay into a bad day for the US markets. For…
Last Thursday’s rally may have been overdone and Friday’s decline was as well. At least, that is what the index’s closing price from Monday is telling us. After ending Thursday’s…
At the onset of the regular session, the two-day rally was on. Thirty minutes into the session it was off. There was simply no interest from larger players to chase…
The best way to approach this market is to expect the unexpected. The investing world was waiting for a soft Consumer Price Index reading for September and was denied. In…
Ahead of the much-anticipated CPI number on Thursday, the bulls and bears were at a stalemate. During the premarket and intraday rally, bulls came up well shy of Tuesday’s high….
The most accurate way to describe the price action in the S&P 500 index is that it cannot hold a rally. After the low for the move was defended early…
The momentum from Friday’s price to the downside resulted in the index posting its second lowest close for the year. The lowest is its month-end close for September at 3601.25….
Like it or not, a lower unemployment rate is bad for the stock market. The reason, a decrease in the rate is an indication that the Federal Reserve has not…
The S&P 500 index is having streaks recently that do not last very long, especially to the upside. Over the last six sessions, the index has had two down days,…
