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
Markets Equity futures for Japan, Australia and Hong Kong all rose by at least 1% with contracts for the Nikkei 225 rising more than 2.5%. On Wall Street, the S&P 500 had its best day since November 2022, while the … Continue reading
Markets US stocks slid on Wednesday, failing to extend Tuesday’s rebound that snapped a three-day losing streak for the major averages. Losses accelerated into the close as the benchmark S&P 500 (^GSPC) fell more than 0.8% and the tech-heavy Nasdaq Composite (^IXIC) … Continue reading
Markets Turn Around Tuesday or Dead Cat Bounce? Stocks (^DJI, ^IXIC, ^GSPC) are eyeing a recovery after a three-day sell-off. But is it too early to declare today’s movement as a “Turnaround Tuesday”? Longview Economics founder, CEO, and chief market strategist Chris … Continue reading
Markets Wall Street’s stock sell-off intensified in a major way Monday as concerns mounted over the health of the US economy. The Dow Jones Industrial Average (^DJI) fell over 1,000 points. The Nasdaq Composite (^IXIC) was crushed by more than … Continue reading
Markets Wall Street is cautious heading into next week, after having seen the tech-heavy Nasdaq Composite (COMP:IND) slide into correction territory. The market narrative has changed in a matter of days, and concerns now abound that the Federal Reserve has slowed … Continue reading