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Janet not Yellin’ (yet, anyway)
As April comes to a close, we find that the effect of this month’s action in the broader market has been to simply take back the losses from March. Earlier this week, highs in the S&P 500 were...
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Jobless claims show no surprises, as markets remain range bound
The S&P 500 has bounced off of a recent low and is in the middle of a grinding range upward. It remains to be seen if there will be a short term run back to new highs as the market sits just a...
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Jobs data on target, markets weak globally
After a pennant formation resolved itself to the downside last month, it appears that a new pennant formation is forming. While it looked as though the U.S. market was primed for a liftoff with the...
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Jobless claims down ahead of Fed decision
The U.S. Markets, after bouncing off of multi-month lows, have been chopping sideways, but rallying over the last few days on weak volume. All major markets finished strong into the close ahead of...
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Job data better than expected, Yellin to speak
The S&P 500 is decidedly having a down week, and is also down for 2015. With earnings and the September Fed announcement behind us, U.S. markets are mostly being influenced by global factors such...
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Jobless Claims Down
The markets have been mostly positive this week with the S&P 500 fighting its way back to the top of its current range. The 2000 level has both technical and psychological resistance at this...
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Jobless Claims Down, Markets Rally
The S&P 500 has run up, bumped up against resistance, and failed to decisively break through just yet. Softness was seen in the retail data overall, and specifically with Walmart due to poor...
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China Q3 GDP and markets upbeat
Markets took one more leg up this past week before rolling over just below the price range established during the first half of 2015. Volume is tame, and the news is relatively quiet. Low wage growth...
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GDP Growth only 1.5%
The S&P 500 this week has charged above the 200 day moving average, pulled back to it, and bounced off of it to the upside. The bounce was assisted by dovish comments from Janet Yellin this week...
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The S&P 500 is now squarely back in the middle of the range where it has spent most of its time since early 2015. In order to get there, the S&P has surge over 10% in just a few weeks, and...
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Unemployment remains disappointing
After climbing decisively back to the middle of its familiar range, the S&P 500 has spent most of the last few days drifting lower as the bulls have grown weary. Appetite for risk and overall...
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Markets up Worldwide
As we anticipated, the recent bearish pullback ran out of gas, and the bulls decisively took control, driving the S&P 500 well back into range we have experienced for much of 2015. Release of FOMC...
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269K Newly Unemployed
Despite a rough day highlighted by a shooting attack in California, the S&P 500 remains firmly in the middle of our well established trading range. The Nasdaq is showing relative strength as it...
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