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Market Shakes Off Inflation Data I am back from traveling, and we have a good bit to catch up on since our last report. If you missed it, I provided an update on Tuesday, updating all the weekly...
US Economy I: On the Road Again. Taylor Swift’s “The Eras Tour” was her sixth tour. It started on March 17, 2023, in Glendale, Arizona and concluded on December 8, 202,4 in Vancouver, British...
It will be a slow start to the week, with the markets closed on Monday for Presidents’ Day. Things should pick up for the market by Wednesday. Of course, we’ll have the Fed minutes, and then on...
The S&P has finally managed to close inside the prior 'bull trap', and in the process, has returned technicals to a net bullish state. There have been false dawns in the past, will this time be...
Using the Elliott Wave Principle (EWP), we have been successfully tracking the most likely path forward for the S&P 500 over several months. Although there are many ways to navigate the markets...
US futures traded mixed while European markets rallied on optimism about the Ukraine war. Falling oil prices hurt energy names, while yesterday’s hot US CPI inflation data kept yields underpinned and...
The highly anticipated U.S. January CPI report comes out on Wednesday morning. Headline annual inflation is seen rising 2.9% and core CPI is forecast to increase 3.1%. Investors should brace for...
It was a mixed bag of action for indices yesterday. Some finished slightly up, some slightly down - all on low volume. It wasn't really a day to get excited about anything. An index I haven't...
I could not produce our weekly Bull Bear Report this past weekend as I presented at Michael Campbell’s Moneytalks Conference in Vancouver. However, I wanted to use today’s technical update to review...
Stocks finished the day higher in another volatile trading session. Most gains came following the JOLTS report, which was weaker than expected at 7.6 million versus estimates of 8.0...
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