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9/27/2023 8:00 AM
Stocks were moving along smoothly, then last Wednesday the S&P 500 Index (SPX) dropped about 1%, followed by a 1.6% drop on Thursday. It was the first two-day drop of more than 2.5% since March. This ...
9/25/2023 9:04 AM
“The main event this week is the Federal Open Market Committee's (FOMC) meeting...With the market trading aimlessly since around the time of the last rate hike, which followed a pause at the prior mee...
9/22/2023 12:33 PM
Subscribers to Chart of the Week received this commentary on Sunday, September 17. While we’ve covered 0DTE options on our site and in this space before, we thought it’d be educational to sha...
9/18/2023 9:04 AM
“… the SPX is now sandwiched between its 20- and 50-day moving averages, and is below double the 2020 March closing low as we head into options expiration week (OPEX). In other words, the technical ba...
9/11/2023 9:23 AM
News that China banned government employees from bringing iPhones into government buildings pressured markets during the holiday-shortened week. The following day, markets saw more pain after report...