Summer months, particularly August, can be periods for the market where new moves can get confirmed. This year, given the 14.45% year-to-date (YTD) return and the upcoming US elections
Today we had a rejection day. For me it means that Bears hand more power than Bulls after a strong negative day. This is information that I will carry forward. In days like this, I always review these charts to gain a bit of perspective. The difference between yesterday and today compared to last Thursday
On average, the S&P 500 has fallen 23.5% over a period of 195 days from the first Fed cut to the market low. Keep this in mind if the Fed begins to cut rates in September! With my analysis I have reach similar conclusion. Credits to @BarChart https://twitter.com/Barchart/status/1812333752191778942/photo/1
Great CPI or inflation might be an old topic for reporters. Based pubic data the AI response was: According to the latest data, the annual inflation rate for the United States was 3% for the 12 months ending in June, compared to the previous rate increase of 3.3%. This is a significant drop and has