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The long-awaited oil sanctions and price cap on Russian oil are slated to go into effect in just a few weeks, on Dec. 5. The sanctions apply to G7 countries (Canada, France, Germany, Italy, Japan, the...
Near-term cold blast vs. forecasts for warmth test gas traders' mettle Record dry gas output, lack of update on Freeport LNG’s return Charts indicate $7.27 high to $4.74 low broader term When...
If inflation is cooling, you would never know from those retail sales numbers that came out yesterday. I’m not going to get into all the data, but the numbers were better than expected. One item...
The Commerce Department's retail sales report showed solid consumer spending. Yet, robust retail sales data failed to boost the market.Consumption accounts for approximately 70% of our economy....
The S&P 500 slipped 0.8% yesterday, giving back all of Tuesday’s gains and leaving us stuck under 4,000 resistance for the fourth session in a row. As I’ve written previously, it is...
Since bottoming just over a month ago, major US indices have staged a furious bounce to their highest levels since September. Surprisingly for some traders, this rally has been led by the stodgy Dow...
ECB Vice President said bank must prioritize fight against high inflation RSI at ‘overbought’ levels on DAX, other indices No fresh major macro catalysts to excite bulls The sharp rally in...
Nasdaq up 12.6% from its October 13 bear-market low High-growth tech stocks have staged impressive recoveries Buy Block and Splunk as inflation fears recede and Fed pivot hopes increase The Nasdaq...