06|11|2024
Fed Speculation | June 7, 2024
Last week was all about Fed speculation. This week the Fed will tell us how right those speculations were. Monday S&P 500 0.11%| NASDAQ 0.56% Manufacturing data showed unexpected weakness....
06|10|2024
Leading Indicator Watch | June 7, 2024
Unemployment: Nonfarm Payrolls (May) forecast was estimated at 182k, but actual numbers came in at 272k. The Federal Reserve bank meets this week, and this data will likely impact...
06|04|2024
Foreshadowing Things to Come? | May 31, 2024
It was an important week. While rates rose early, they ended the week lower. Were they foreshadowing things to come? Monday S&P 500 -%| NASDAQ -% Happy Memorial Day!...
06|03|2024
Leading Indicator Watch | May 31, 2024
The money supply, including time deposits, rose $26B to $20.867T (Apr) which reflects cash accumulating in money market funds with their attractive yields. Money supply is running 73.8% of...
05|29|2024
Rising Tide | Market Thoughts for May 24, 2024
Markets were buoyed on the back of growth for the week. Are markets due for a pullback or will they continue to rise with the tide? Monday S&P 500 0.09%...
05|28|2024
Leading Indicator Watch | May 24, 2024
Michigan Consumer Sentiment confirmed it has weakened markedly following a robust 1st Quarter 2024 with the gauge dropping to 69.1 (May) from 77.2 (Apr). Be sure to check out...
05|21|2024
Heavy Markets | May 17, 2024
Markets saw heavy moves because of inflation data. What could carry the markets in the coming weeks? Monday S&P 500 0.02% | NASDAQ 0.29% There were no earnings reports or...
05|20|2024
Leading Indicator Watch | May 17, 2024
Retail Sales (MoM)(Apr) came in flat, which was lower than forecasts of an increase of .4%. The data indicates a slowing in consumer spending. Credit card balances outstanding (Q1...
05|14|2024
End Result | May 10, 2024
The end result of the week was green, but was there reason for it and does it tell us anything for this week? Monday S&P 500 1.03% | NASDAQ...
05|13|2024
Leading Indicator Watch | May 10, 2024
The S&P 500 Index rose 94.89 points for the week, closing at 5,222.68 (up 9.49% YTD). Over the past 3 weeks of trading, the index has risen 5%. The...