Hey, Ross here: It’s the end of the week and markets keep pulling back – just as I predicted… Especially after Powell had to go open his big mouth again to say that the Fed
Hey, Ross here: 10-year Treasury yields hit a new high yesterday. And yet, the market was largely flat. The most surprising thing? A nearly 3% gain in the beaten-down small-cap Russell 2000 Index… Which as
Hey, Ross here: And let’s look at some interesting price action that points to where the market could be heading in the short run. Chart of the Day The market defied the negative momentum we
Hey, Ross here: Yes, the market bounce took a brief pause yesterday on the back of the slightly higher than expected inflation printout. But I believe the market bounce thesis still holds – and today’s
Hey, Ross here: My short-term thesis for the market is playing out. And as the Chart of the Day shows, today’s price action could all but confirm it. Chart of the Day This is the
Hey, Ross here: Welcome to a new trading week. Despite the hotter-than-expected jobs report last Friday, the market defied expectations and closed higher – even ending higher for the week. This tells me that my
Hey, Ross here: And as we end the trading week, we can see that there are three support levels that point toward a market bounce. Chart of the Day What you see here are three
Hey, Ross here: And let’s start the day by looking at a chart that lends support to my hypothesis that we’re due for a short-term bounce. Chart of the Day This is the popular CNN
Hey, Ross here: And let’s start the day by looking at a critical level of support for the S&P 500 – the next test for the market. Chart of the Day After posting another red
Hey, Ross here: More Fed officials opened their big mouths yesterday to yap about the need for higher-for-longer rates and even calling for more rate hikes – sending 10-year Treasury yields to levels last seen
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