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
Markets Wall Street’s attention next week will shift to inflation from the labor market, with the producer price index and consumer price index readings for July due on Tuesday and Wednesday, respectively. Also on tap will be retail sales data … Continue reading