Markets (Top Stories) Tech earnings are beginning to pour in and the market is watching. That’s because the largest tech companies in the S&P 500 (SP500), like the Magnificent 7, have been responsible for the majority of the index’s 11% YTD advance, … Continue reading
David Dube
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Only NQ made it to it’s prior CD1 Low for a Positive Cycle, ES failed. Prior range was 67 handles on 1.907M contracts exchanged. …Transition … Continue reading
Markets (Top Stories) There’s a lot on the plate for investors this week as they continue to work their way through earnings season. Headlines are now shifting from the big banks to mega-cap tech, with Tesla (TSLA) already kicking things off … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price established a new cycle low at 4292.75 late in the session as JPOW comments sent the market into a dizzying tirade … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Positive Three-Day Cycle was fulfilled as price trended lower throughout the session, settling near lows of the day and fulfilling downside range objective. Prior range … Continue reading
Markets (Top Stories) Yields Surge Treasuries sold off sharply early Tuesday after Sept. retail sales figures came in much stronger than expected, while Wall Street’s major averages ended near the flatline. The 10-year Treasury yield (US10Y) jumped to as high as 4.84% on … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price established a new cycle low at 4354 early in session at which time rally began, fulfilling upside 4412 objective. Prior range … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Positive Three-Day Cycle was fulfilled as price trended lower throughout the session, settling near lows of the day. Prior range was 67 handles on 2.093M … Continue reading
Markets (Top Stories) Three big Wall Street banks are reporting Q3 earnings today, giving investors a window into how the sector is dealing with elevated interest rates and muted capital markets activity. JPMorgan Chase (JPM) and Wells Fargo (WFC) were the first to report, with … Continue reading
Markets (Top Stories) For CPI YoY, the median forecast is 3.6%, on the prior 3.7%. According to a survey of 45 qualified economists, the highest estimate is 4.0%, and the lowest is 3.5% For the Core CPI YoY, the median … Continue reading