Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run.
I hate starting the new year on a losing trade. But that's exactly what I got today. Wasn't necessarily a bad trade - I managed the risk like I should, noticed fairly quickly into the trade that the market wasn't going to hold up and got out of the trade with less than half the
The stock market’s Santa Rally has delivered coal (so far) This is one of the problems with buying whole heartedly into seasonal factors, because it only works until it doesn’t and when it doesn’t, like it has done so far since the start of the Santa Rally on Christmas eve, it can wreck havoc on
Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee's 2 percent objective but remains somewhat elevated. The Committee seeks to achieve maximum
Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee's 2 percent objective but remains somewhat elevated. The Committee seeks to achieve maximum
What’s the bearish argument here? SPY improved 75 cents on a $571 ETF in terms of body on the daily candle – still a very tight trading range. And up until the last seconds of the trading session it looked like it would be another doji candle.
Stock market indecision continues The stock market indecision is real! Can we get a day that doesn’t just involve a gap at the open, and nothing but 6.5 hours of endless sideways trading there after? Last three days have been an absolute snooze fest.
Where did that rally come from? I woke up this morning, and thought maybe I was looking at the Nasdaq futures and not the S&P 500 futures. I saw a 93 point rally underway and thought “That ain’t right!”. Low and behold it was. Asian and European markets liked what they saw and they took
Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up but remains low. Inflation has made further progress toward the Committee’s 2 percent objective but remains somewhat elevated.
Stock market winning streak hits the 7th straight day! And this stock market winning streak comes after a 4 day sell-off, and just just a couple of weeks later, the market have finished off an 8 day winning streak. It kind of feels like this market is beholden to nothing but streaks these days and