The S&P 500 posted a bullish “outside reversal” on the daily chart today and closed back above the 100 day moving average which is also quite bullish. To read more about what today’s session means for the market, simply sign up for a free trial on the right hand side of this page.
Tom Essaye discusses the outlook for Europe on CNBC’s Closing Bell. http://video.cnbc.com/gallery/?video=3000317632
Sevens Report 10.8.14HUF
Labor Market Conditions Index September LMCI rose 2.5 points in September. Takeaway There was a lot of talk about this number last week, as it is a new publicly published, comprehensive labor market index the Fed used to use internally (it’s been around since the 1970s). It’s comprised of 19 different labor market indicators (all […]
Sevens Report 10.7.14WHH
Last Week The were multiple and varied important economic data points released last week, but the general takeaway is this: While the global economic recovery is clearly losing steam, data in the U.S. consistently show the recovery is not only solid but also gaining momentum. This dichotomy between the direction of the U.S. economy and […]
Sevens Report 10.6.14WTI
Sevens Report 10.3.14AAJ
Sevens Report 10.2.14AAA
Sevens Report 10.1.14ESO