We were very bullish at the start of this year with a Street-high year-end price target of 5400 for the S&P 500. That level was surpassed on June 12. We weren't bullish enough as the stampeding...
The trade deficit for October came in at -$73.8 billion, which decreased from the revised -$83.8 billion deficit in September. Imports and exports both decreased in October, with total exports...
We are up 37%; SPX up 28% so far this year. Last Monday the TRIN closed at 1.25 and the tick at -294 and last Friday the TRIN closed at 1.37 and ticks at -657, both of which shows panic and bullish...
The hedge fund industry and some trading desks at the big investment banks are usually mystified for always knowing where and when to be. Most of what they do is obscure, but the little that has come...
The results mirror a wider trend seen in the North American solar equipment industry in 2024. Renewable energy stock Canadian Solar (NASDAQ:CSIQ), already cut in half since the beginning of 2024,...
Despite a tough macroeconomic environment, some retailers in the retail/wholesale sector are thriving in the sweet spot intersection of "off-price” boulevard and “trade down” street. Consumers are...
Dollar retreats, but Powell keeps Fed pause chance elevated. Euro traders ‘buy the fact’ after French no-confidence vote. Bitcoin breaks $100,000, Wall Street tests uncharted territory. Powell...
Gold Grows on Weak US Labour Market Data Gold (XAU/USD) gained 0.24% on Wednesday after a report showed private sector hiring fell more than expected last month. The ADP Employment Change report...
yesterday, the VIX index was up slightly, and 10-day realized volatility began to rise from its depressed levels, as the S&P 500 moved by 60 basis points instead of its usual 25 bps. With a Jobs...
ISM Services PMI came in well below expectations, coming in at 52.1 (street was expecting 55.7), and 3.9 points below October. Although any reading above 50 means expansion, so the services sector...