IWM Breakout Or Fake-out? Futures Market Likely Decides

U.S. small-caps are rallying.  Rallying hard.  Harder than several of their peers. Since the intra-day low on February 11th, the Russell 2000 small cap index is up just north of 14 percent, also breaking out of 1035.  This level approximates … Continued

Extremely Rare For Fed To Tighten When ISM Manufacturing Is In Contraction Mode

posted in: Credit, Economy | 0

It can potentially be a momentous day.  December 16th, that is.  That is when the Fed would be completing its two-day FOMC meeting – this year’s last – and decide whether or not to raise interest rates. The last time … Continued