S&P 500 Reversal Creeping In
With 10y yield retreating back to 4.20%, stocks had an easier time retracing Friday‘s hit, and then some. No technically … Read more
Monica Kingsley
S&P 500 – Jackson Hole Second Thoughts
Powell was firm in his “job not done” inflation fight, but stocks duly declined only in the beginning. Rising to … Read more
S&P 500 Retracement – Jackson Hole Game Plan
Stocks duly reversed the NVIDIA Corp (NASDAQ:NVDA) earnings and guidance euphoria, breaking even 4,425 with ease. Even the old 4,385 … Read more
Selling Into NVIDIA
Stocks rose all the way into NVIDIA Corp (NASDAQ:NVDA) earnings, breaking not only 4,447 but also 4,460 as optimism gripped … Read more
Waiting For NVIDIA
Stocks struggled even though yields barely changed yesterday – financials were responsible even though market breadth was a mixed picture. … Read more
S&P 500 Bucking Yields
Stocks went up in spite of both 10y yield beating 4.33% prior top, and also 3m edging higher to 5.57% … Read more
S&P 500 Upswing: Daily Reprieve Only
10y yield still at 4.25% was enough for tech to decently lead the S&P 500 upswing, which however didn‘t have … Read more
Yields Haven’t Given Up
10y tested the top at 4.33%, and retreated back to the 4.23% support – but S&P 500 kept declining yesterday. … Read more
S&P 500 To Correct Some More
If anything, 10y proved it doesn‘t want to top yet at 4.28%, and all the relief rallies in S&P 500 … Read more
S&P 500, Yields Top and China
Similarly to Thu CPI, S&P 500 couldn‘t maintain a modest retracement following the disappointing manufacturing data, but still strong retail … Read more
S&P 500 Bearish Turn
S&P 500 made that tech driven upswing I cautioned you yesterday about, only to keep declining overnight in preparation for … Read more
More S&P 500 Downside, Tuesday
PPI above expectations – 0.3% as I predicted – made stocks move higher only to give up all premarket gains, … Read more
S&P 500’s Decisive Reversal
3.2% CPI provided enough fuel for an opening S&P 500 spike above 4,535, but the tech-led rally fizzled out without … Read more
Gold Is Getting At An Interesting Level – CPI Early Clues
Yesterday‘s S&P 500 downswing didn‘t last even though the sellers came back strongly before the day was over. Bonds though … Read more
S&P 500 Bears Repulsed, Briefly
S&P 500 reversed mid session, but it would be premature to call for the end of the correction – odds … Read more