It’s Bad!!!! ….. Oh ….. No ….. Wait …. It’s Good!!!
The market’s first move in response to the Fed Decision was down, but it’s second move was up – big (Intraday Chart).
The market’s first move in response to the Fed Decision was down, but it’s second move was up – big (Intraday Chart).
If you are a child of the bull market, it’s time to grow up and become a chastened adult; it’s time to recognize that things have changed and that they will continue to change for the next – yes, the…
But the bigger issue is sales. Comparable store sales were down 6 percent compared to the same period last year. True, the stimulus checks handed out last year have created difficult comps for retailers this quarter, not to mention the…
A very important divergence is taking place in markets between the tech led NASDAQ and the broader market as represented by the S&P 500.
In the statement that accompanied the Fed’s decision to hold rates steady today, Fed Chairman Ben Bernanke acknowledge the ongoing turmoil in credit markets but gave no hint that rates might be cut in response anytime in the near future….
Just a day after blowout earnings from Walmart (WMT), Target (TGT) laid an egg with its own 3Q22 earnings report this morning. While WMT raised its full year comparable sales guidance TGT cited a “meaningful softening” of business in the…
After flirting with positive territory in the second to last hour, the Dow and S&P have surged into positive territory in the first 15 minutes of the final hour of trading (S&P 5 Day Chart). In fact, we’ve seen an…