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Monday Was Another Inside Day As Stocks Coil Ahead Of The March CPI
Last Thursday the market opened strong only to roll over hard into the close. The S&P had a 100 point range of approximately 5150 to 5250. Friday was an inside day in which all of the price action took place…
Navigating The Soft Landing Narrative
There’s an actual chance here the Fed could stick the landing – Dryden Pence, CIO Pence Capital Management (quoted in Karen Langley “Stock Market Shrugs Off Recession Signals As Rally Builds” [SUBSCRIPTION REQUIRED], WSJ B1 Wednesday 7/26) In less than…
Market Preview Week of Jan 9-13
Next week is the start of the 4Q22 earnings season and the December CPI Report is on Thursday morning. In addition, KB Homes (KBH) will report earnings for its quarter ended November 30, 2022 Wednesday afternoon which will give us…
