It was a solid, though volatile week for U.S. stocks.
On with September, the market's historically worst month
These guys are aware that the U.S. was energy independent less than a year and a half ago, right?
The Delta virus has more power to control both fiscal and monetary policy than does the data or do any of our leaders individually.
It must be pointed out that earnings have been better than excellent, but calendar year 2022 expectations have been dropping.
There's no way to disguise investor sentiment when, for the week, the four defensive sectors easily take the top four slots.
Contrary to popular belief, this economic recovery that we seem to be enjoying has hit a pressure point.
Could equity markets be ready to roll over? To tell you the truth, I thought that the risk to the downside had increased late last week.
Prices appear to be losing upward momentum and overbought when using the stochastic indicator, so caution is in order.
There's absolutely no bottom in sight yet for SIG stock.