Confused traders quietly slip away… - Marketintelligencecenter.com

Confused traders quietly slip away…


After the open… a flurry of economic reports came out today due to the shortened week, including a higher than expected 313K initial unemployment claims, a higher than expected 0.4% rise in durable goods orders, a lower than expected rise in personal income and worse than expected New Homes Sales. Far from adding clarity, these are as all over the map as can be, but mostly not good, which is weird, considering that just two days ago, the economy looked like it was doing quite well. It's hard to make sense of what this means, and it... Read More



Recent News

After the open… a flurry of economic reports came out today due to the shortened week, including a higher than expected 313K initial...

The seasonality surrounding the Thanksgiving holiday tends to be modestly favorable. While the indices do tend to advance the day before and the day...

The Financial sector, which had a pretty tough first quarter due to dreary consumer and corporate activities, soft trading volumes, sluggish mortgage...

U.S. markets are flat this morning. The S&P 500 is up 0.01% and the Dow is up 0.04%. Initial claims for unemployment rose to 313,000 from 291,000...

Last week we took a look at a few stocks with bearish technicals, so this week we want to take the opposite approach and look at stocks showing...


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