Encouraging Signs For Beat-Up Equity Bulls In Latter Sessions Last Week

US stocks in general sold off last week, but the lows of Wednesday and Thursday were bought, with Friday’s rally the icing on the cake. This took place amidst June’s red-hot CPI report and disappointing earnings from JPM. As 2Q … Continued

Breach Of Late-January Lows On Major Equity Indices Could Hold Clues As To If Bullard Or Kashkari May Win Out Within FOMC

posted in: Credit, Economy, Equities, Technicals | 0

Until recently, it looked like the Fed finally had the fortitude to take on inflation head on. Now, the message is getting blurred. Within the FOMC, for every Bullard, there is a Kashkari. Amidst this push-and-pull, late-January lows on major … Continued