Generals and Troops Poke Their Heads Out of their Bunkers The week started out on poor footing, but the bulls found support just where they needed it. On Wednesday, the S&P 500 rallied from the 7600 defensive line. Then on Thursday, the market popped with an 88% Capital Weighted Volume /Dollar Volume upside/inflow day. Despite […]
Recent economic concerns have caused consumer sentiment to fall, though spending remains healthy. What do these mixed conditions mean for markets and the economy?
Broadening Pause, Generals Assume Command This week’s battlefield staged a broadening pause as generals attempted to reassume command. The S&P 500 Index advanced 0.40%, but the path was not clean. The index kissed 7770 resistance on Friday, August 28th, before backing off. Price held firm, but participation was uneven. The key event came Thursday, Nvidia’s […]
Recent economic concerns have caused consumer sentiment to fall, though spending remains healthy. What do these mixed conditions mean for markets and the economy?