US CPI KEY TAKEAWAYS: US CPI expectations: 2.6% y/y headline inflation, 3.3% y/y “core” inflation The Fed is likely to cut interest rates by 25bps regardless of the inflation reading, though a...
Stocks finished lower for a second consecutive day, with breadth continuing to show more losers than advancers. This trend actually began sometime last week. The NYSE McClellan Oscillator has broken...
Key Statistics: Source: Bureau of Labor Statistics, US Department of Labor Release Period: November 2024 Last Release Date: November 13, 2024, Actual: 2.6% vs Forecast: 2.6%. Previous:...
National Federation of Independent Business (NFIB) small business optimism soared in November, hitting 101.7 (the street was expecting 94.7). The index has risen for a 3rd consecutive month, and 7...
S&P 500 Emini market analysis Emini daily chart The Emini formed a downside breakout bar on Monday, as the bulls began to take partial profits and the bears began to sell. This is a warning...
The EUR/USD failed to hold ono its earlier gains on Monday, turning lower into the close. It has fallen further so far in today’s session with the European Central Bank's rate decision and key US...
By Mike Maharrey After two months of keeping their credit cards in their wallets, American consumers pulled out the plastic again in October.A surge in card spending drove consumer debt higher by...
Gold continues to march higher from the $2550 buy zone, and Silveris beginning to look like the short-term leader of the precious metals pack. The first leg of the rally saw gold rush to $2720, and...
Crude Oil prices rose on Monday on Middle East uncertainty after the fall of Bashar al-Assad in Syria as well as expectations that China will stimulate their economy with lower interest rates...
Record TSA travel, a Black Friday spending boom, and monster movie debuts set an upbeat tone ahead of the winter holidays “Moana 2” gross box office revenue impressed analysts, though...