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The US Dollar has been trading in a tight range against its major rivals for the past two weeks, and the Dollar Index is gently forming a bottom after an impressive oversold condition. However,...
The University of Michigan Consumer confidence survey for March plunged to 57.9 versus the estimate of 63 and 65.7 in the month prior. And yet, inflation expectations in the same survey hit a 32-year...
There are deeper levels to the big machine, the financial market, where investors need to understand the cogs that make it run and when one of them is starting to speed up or slow down in relation to...
Within the headline retail sales figure is a lesser-followed data point called the retail sales control group. Following the trend of both figures is important because although the headline figure...
US indexes stabilized, but weak buying pressure kept the S&P 500 and Nasdaq in a downtrend. Both indexes struggle to regain momentum as selling pressure persists. Key resistance and...
Amazon.com (NASDAQ:AMZN) stock is currently down about 20% from its all-time high in February, placing it in bear market territory. While some of this decline is tied to the broader market’s...
Stocks had another choppy session yesterday, but that will likely change today with the passing of quarterly options expiration. The market has been pinned between 5,600 and 5,700 all week. However,...
European stocks have been outperforming U.S. stocks this year by a fairly wide margin. The STOXX 600, which is roughly the equivalent of the S&P 500, is up about 8.3% year-to-date. Further, the...
The market pullback we’ve seen in the last couple of weeks really hasn’t come as a surprise to me. The economy is sending what you could—at best—call mixed signals right now. And stocks, as they do...
No surprises in the Federal Reserve's interest rate policy. The Fed funds rate was unchanged and the projections on where rates will be over the next 3 years remained the same as in December. The...
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