The S&P 500 managed to end a six-day slide – its worst since the height of the 2020 pandemic – before the index marked another high profile technical break. Seemingly, all it took was a massive stimulus aimed at stabilizing a financial crisis in the UK. But is...
It will likely prove difficult to spur the S&P 500 or other distinctly ‘risk’ oriented benchmarks to a serious run until the Fed decides on whether to hike 100bps next week. Yet, that doesn’t mean the market is relegated to quiet until then. Gold...
The unexpectedly robust US CPI reading this past session triggered the biggest plunge from the S&P 500 in over two years while the Dollar rallied right back towards its extreme highs. While the data was a surprise, this move speaks more to the market’s bias....
There is plenty of fundamental trouble under the market’s surface, but you wouldn’t know it from the S&P 500. The benchmark index has advanced four straight sessions – there are no 5-day moves since November – but VIX was also up on the...
