Big moves are always followed by quiet periods. How long they will last is the question. Thursday’s price action indicates the bulls and the bears are confused. The index could…
The S&P 500 index futures took a breather in Wednesday’s session, declining by 31.00 handles to close at 4276.75. That ranks as the third highest close for the recent rebound….
The S&P 500 index futures are now on a three-day winning streak and have been higher in four of the last five sessions. The one outlier was a decline of…
For the first time since May 5, the S&P 500 index futures traded above 4300, when it peaked late in the session at 4304.75. That comes in just below its…
Based on the late-day price action on Thursday in the S&P 500 index futures, the index’s rally was losing some steam. Wrong. The after-hours and premarket buyers had it right…
The good news is that the index surged for the second day in a row off favorable inflation data and posted new highs for the move in both sessions. The…
Following eight days of consolidation, for now the resolution has come to the upside. After a better-than-expected Consumer Price Index reading, the bulls resumed full control of the index. Aggressive…
Just as the S&P 500 index attempted to break down early in Friday’s session, it was attempting to break out above the top of last week’s range but failed. The…
The bears had a chance to regain control of the S&P 500 index and they failed for now. Following a stronger than expected July jobs data, the hawks were alive…
Ahead of Friday’s jobs data, investors were cautious in Thursday’s session. The premarket rally was sold into and the decline off the opening bell was bought. Much of the session…