The US equity market is flat today, which is expected because of the holiday. Initial Jobless Claims dropped, but the Treasury auctions were rather disappointing. We are watching for a dip to happen in the […]
Stock Market Today: Treasury Auctions Poor, While Jobless Claims Drop Read More »
Today’s U.S. reports were disappointing overall, and the mix of weaker income, consumption, and home sales, though with a robust inventory path, prompted downward revisions in our GDP forecasts to 5.5% (was 6.0%) in Q4
Stock Market Pullback? – Economic Data Disappoints Read More »
The markets are surging to new highs today’s with more positive news of the coronavirus vaccines (The Primary Bull Driver). Today’s U.S. reports revealed a disappointing November consumer confidence drop (Bear Alert), an expected November
Stock Market Surges To New Highs (Bull and Bear Indicators) Read More »
Prospects of another effective vaccine helped boost Wall Street to fresh highs on the Dow and S&P 500, while the NASDAQ lagged as stay-home shares were a drag. Gains were broadbased, but led by a
Stock Market Down Ahead of Retail Sales & Business Inventories Reports (INDEXSP: .INX) Read More »
Stocks are up this morning because Moderna MRNA said its experimental vaccine candidate was 94.5% effective, according to interim analysis of its Phase 3 study. Morgan Stanley MS raised its S&P 500 price target to
S&P 500 Rockets Higher On Vaccine News Read More »
Today’s U.S. reports revealed disappointing construction spending figures through September, but a big October ISM gain, leaving a mixed set of readings that trimmed Q3 prospects but boosted the outlook slightly for Q4. Construction spending
Why is the S&P 500 Up Ahead of the Election? (INDEXSP: .INX) Read More »
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