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3/20/2023 9:24 AM
Last week was a crazy one for market participants, on the heels of uncertainty related to arising problems in a few regional U.S. banks, plus one major bank overseas, Credit Suisse (CS). Governme...
3/13/2023 8:55 AM
“…the probability that the fed funds rate will be at 5.25% or 5.50% in December 2023 didn’t change all that much from the week prior. No change in these expectations may have been enough to stop the s...
2/27/2023 9:09 AM
“…following data on consumer and producer prices for January that came in above expectations, with stronger-than-expected retail sales data coming in-between those reports, several Fed officials reite...
2/21/2023 9:03 AM
“… the SPX area that is a round 10% above its late-December closing low and a 50% retracement of the January 2022 all-time high and October 2022 low in the 4,150-4,160 range continued to act as resis...
2/13/2023 9:27 AM
“During the course of the SPX’s January rally, each week’s theme has been one major resistance area taken out, and another in immediate view… After reaching an overbought condition for the first time ...