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Jobless claims up slightly, market volatility remains low
After touching record highs, U.S. markets settled in just below. Fed comments indicate no rate hike in June, but the “meeting to meeting” outlook left markets flat and directionless. Soft GDP growth,...
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Jobless claims tick up as markets chop
Major U.S. Markets are hovering just below all-time highs. In fact, the Nasdaq breached it intraday before pulling back. Comments from Fed VP Fischer spooked the markets somewhat earlier in the week...
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Jobless claims show no surprises, as markets remain range bound
The S&P 500 has bounced off of a recent low and is in the middle of a grinding range upward. It remains to be seen if there will be a short term run back to new highs as the market sits just a...
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Jobless claims and retail sales figures look good
After several days of mostly downward action, the markets rallied broadly to give bulls hopes of retesting and perhaps surpassing previous all-time highs. Recent support has held, and the S&P...
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Markets jump on positive jobs data and calm Fed
Markets wiggled inter day looking for clues as to what the Federal Reserve has in mind for interest rate increases for the foreseeable future. Continued weakness in wages and job growth are keeping...
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Markets are range bound as Greece remains unresolved
The S&P 500 drifted back into the middle of a range that has been in force since February. 2015 performance is pacing well below the two previous years. Hopes of a quick break to all time new...
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U.S. Layoffs Top 105K as Fed to weigh jobs data
The markets seem very volatile and crazy when we experience 100+ point swings intraday, and the earnings action before and after the bell can be boom or bust on an individual stock basis. Get the...
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Broad rally overseas and strong GDP numbers brighten market outlook
Spurred by Chinese currency and economic slowdown concerns, the major U.S. markets have dropped rapidly and dramatically, busting the S&P 500 out of the range that has held since February. Lows...
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Jobs data on target, markets weak globally
After a pennant formation resolved itself to the downside last month, it appears that a new pennant formation is forming. While it looked as though the U.S. market was primed for a liftoff with the...
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Jobless claims down ahead of Fed decision
The U.S. Markets, after bouncing off of multi-month lows, have been chopping sideways, but rallying over the last few days on weak volume. All major markets finished strong into the close ahead of...
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Job data better than expected, Yellin to speak
The S&P 500 is decidedly having a down week, and is also down for 2015. With earnings and the September Fed announcement behind us, U.S. markets are mostly being influenced by global factors such...
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Yellin speaks today, jobs data strong
The S&P 500 is decidedly having a down week, and is also down for 2015. With earnings and the September Fed announcement behind us, U.S. markets are mostly being influenced by global factors such...
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Jobless Claims Down
The markets have been mostly positive this week with the S&P 500 fighting its way back to the top of its current range. The 2000 level has both technical and psychological resistance at this...
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GDP Growth only 1.5%
The S&P 500 this week has charged above the 200 day moving average, pulled back to it, and bounced off of it to the upside. The bounce was assisted by dovish comments from Janet Yellin this week...
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The S&P 500 is now squarely back in the middle of the range where it has spent most of its time since early 2015. In order to get there, the S&P has surge over 10% in just a few weeks, and...
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Unemployment remains disappointing
After climbing decisively back to the middle of its familiar range, the S&P 500 has spent most of the last few days drifting lower as the bulls have grown weary. Appetite for risk and overall...
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269K Newly Unemployed
Despite a rough day highlighted by a shooting attack in California, the S&P 500 remains firmly in the middle of our well established trading range. The Nasdaq is showing relative strength as it...
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Fed ups rate by 0.25
The S&P 500 finally found its support near the 20-day low formed in mid-November and rallied three straight days. Topping off the action was a Fed interest rate hike announcement that was received...
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Oil Spikes on Russian Talks with OPEC
The S&P 500 has tested and bounced off of a critical support area near 1820. Correlation between oil prices and the stock market is unusually high, and could possibly decouple as the attention...
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Jobless figures miss the mark
Major U.S. markets have popped up into a higher level range, creating a new level of support near 1950 on the S&P 500. This is significant because it puts both another layer of support AND some...
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