1. Market Summary Third rally leg continues despite weaker data, sentiment calling the move overdone Technical action overrules data Initial claims, of course, fade, but regional Purchasing Managers Indexes (PMIs) continue their weak performance, industrial production/utilization fall, retail sales show the typical first of year weakness Commercial real estate (CRE) is no real worry to […]
1. Market Summary Indices close higher again with small-caps and mid-caps outperforming Even with the small-caps leading, breadth remains weak Jobless claims fall even as layoffs surge Supply issues impact chocolate Supreme Court hears 14th amendment argument Steady rise on the week, not huge, likely not as much pressure to take profits ahead of the […]
1. Market Summary Market pulls the opposite day, trading the opposite of the post-Federal Open Market Committee (FOMC) selling Solid upside, but the moves were smaller, volume lighter than the stock dumping on Wednesday Regional bank deposit flight reboots and investors start thinking interest rate cuts on the heels of Chairman Powell saying it won’t […]
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|Beyond Meat, Inc
|United Technologies Corp
|Tech Data Corp
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