S&P 500 Prior Session was Cycle Day 3: JPOW’s speech at JHOLE delivered the expected “snappy/trappy” volatility we referenced in prior DTS Briefing 8.23.24. Positive 3 Day Cycle as price traded above CD1 Low (5613.50) during RTH. *****The 3 Day Cycle … Continue reading
Markets Jackson Hole Preview: The ‘Powell Put’ Makes a Comeback As the S&P 500 regains its footing after a volatile few weeks, all eyes are on Federal Reserve Chair Jerome Powell’s upcoming speech at the annual Jackson Hole Economic Symposium. With inflation cooling to its lowest … Continue reading
Markets Jackson Hole Preview: The ‘Powell Put’ Makes a Comeback As the S&P 500 regains its footing after a volatile few weeks, all eyes are on Federal Reserve Chair Jerome Powell’s upcoming speech at the annual Jackson Hole Economic Symposium. With inflation cooling to its lowest … Continue reading
Markets Source: Yahoo Finance Economic Calendar Source: Investing.com S&P 500 Prior Session was Cycle Day 3: Positive 3 Day Cycle as price fulfilled all upside targets but failed to extend the rally, pulled back and consolidated around the 5620 Line in … Continue reading
Markets Source: Yahoo Finance Economic Calendar S&P 500 Prior Session was Cycle Day 2: Incredible trend continuation as price fulfilled 3 Day Cycle Target (5630) as well as marking the eighth (8th) consecutive “one time-framing” session. Range was 66 handles on “Thin-to-Win” … Continue reading
Markets Source: Financial Juice Economic Calendar S&P 500 Prior Session was Cycle Day 1: Cycle Day 1 (CD1) was a stunning example of the accuracy of the 3 Day Cycle range projections. Expectation was for a decline, with the historical average … Continue reading
Markets Prior Session was Cycle Day 3: Third (3rd) consecutive Three-Day Super Cycle, as price cleared all upside levels vaulting an amazing 204.75 pts (240.58%) of the 12 year historical cycle range. *****The 3 Day Cycle has a 90.74% probability of fulfilling Positive … Continue reading
Markets US stocks edged mostly higher Wednesday as Wall Street embraced another encouraging signal on consumer prices that is set to help shape the near-term future of interest-rate policy. The S&P 500 (^GSPC) rose 0.4%, while the tech-heavy Nasdaq Composite (^IXIC) finished … Continue reading
Markets Stocks rose and bond yields fell after the latest US inflation reading fueled speculation that the Federal Reserve would be able to implement its widely anticipated interest-rate cut in September. Investors are focusing on Wednesday’s US consumer price index, … Continue reading
Markets Stocks close mixed as investors await key economic data US stocks closed mixed on Monday as investors look ahead to a full week full of key economic data, highlighted by July’s Consumer Price Index (CPI) on Wednesday. The benchmark … Continue reading