1. Market Summary Weaker data appear to rattle stocks, but follow-through to Wednesday’s reversal finally shows up. Pending homes plummet, GDP Q2 consumption posts a nine-sigma miss Bank of America reports consumer spending -0.3% the prior week Suddenly, the media picks up on the weaker consumer as sentiment turns very negative. PHLX Semiconductor Sector (SOX) […]
1. Market Summary Jobless claims remain low and there are some reasons for that Philly Fed drops stone-like after a one month upside blip Leading economic indicators again indicating weakness So bad it is good: S&P 500, Nasdaq, DJ30 very near support from August lows Leadership thins further as the usual suspects fade away, e.g. […]
1. Market Summary Almost all indices appear to shake off flirting with selling, post solid gains Producer Price Index (PPI) similar to Consumer Price Index (CPI): cooler and not Retail sales cheered for the gains, but energy and inflation play a huge role as consumers cut back on non-essentials Government claims a surplus but admits […]
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|Beyond Meat, Inc||15||33.30%|
|United Technologies Corp||18||405.23%|
|Tech Data Corp||47||317.65%|
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