The S&P reclaimed its 200 DMA on Monday after comments from the Trump Administration over the weekend about reducing the scope of tariffs. However, yesterday it failed to hold it, closing 44 points below it. The 200 DMA is the…
“Now the bets are turning to that they will cut 50 basis points, instead of 25 basis points. If we get really bad economic figures, it might not be a bad bet.” – Steve Van Order (subscription required), Fixed Income Strategist, Calvert…
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“It’s amazing, the difference in six weeks.” – Alan Lancz, Director, Lancz Global Well it finally happened: The S&P took out it’s all time closing high closing today at 1558. The Dow is like 20 points below its record close from Monday. Financials are…
In light of ongoing improvements in the functioning of financial markets, the Committee and the Board of Governors anticipate that most of the Federal Reserve’s special liquidity facilities will expire on February 1, 2010. – Fed Statement December 16 Very…
That 9% minicorrection between June 2 and July 13 was nothing to worry about. Pullbacks are normal early in a recovery. I can find only one bull market, in 1935, that didn’t have some material indigestion within its first 12…
