Posts under Economy & Markets Category

One of the genuinely decent economic reports of the past 6 weeks this morning as April's data beat expectations AND prior months had significant revisions up.  The participation rate was flat (at very low rates) but the unemployment rate did…

The S&P 500 is bouncing well off that new/old support which had held since November (see previous post), with the exception of the one break middle of last month.  This is positive in the fact it reinforces it as a…

You remember rate cuts right?  Aww, the good ole days of central banking. This was as the market demanded expected. The S&P fell to a key area yesterday, one that has been the main support (with one break) the entire…

The Russell 2000 is really taking it on the chin today with a bearish engulfing bar that has erased the last 5 sessions completely.  While we came in to the day overbought short term it is not an easy market…