Almanac Trader — Another Fed Rate Hike – S&P Has Been Up on…
[ad_1] Persistent inflation remains a thorn in the market and for the Fed. According to the CME Group’s FedWatch Tool there is a 84.0% probability of a 0.75% increase and…
Almanac Trader — Bad CPI, ugly trading, but history of 4% daily…
[ad_1] Today’s hotter than anticipated CPI report was the bad that triggered the day’s ugly across-the-board declines. Surging Treasury bond yields hit NASDAQ the hardest, off 5.16% today. Tech-heavy S&P…
Almanac Trader — Weakness on Tuesday After Labor Day – DJIA and S&P…
[ad_1] In the last 21 years, only Russell 2000 has registered an average gain of 0.03% on the Tuesday after the long Labor Day weekend. DJIA, S&P 500 and NASDAQ…
Almanac Trader — Trading Before Labor Day Choppy, Wednesday is Best
[ad_1] In recent years, Labor Day has become the unofficial end of summer and the three-day weekend has become prime vacation time for many. Business activity ahead of the holiday…
Only 4 NASDAQ Wins in Last 12…
[ad_1] Since 1950, September is the worst performing month of the year for DJIA, S&P 500, NASDAQ (since 1971), Russell 1000 and Russell 2000 (since 1979). September was creamed four…