Sector valuations and performance since the breakdown, stock futures are trading higher again this morning thanks to ongoing improvement in US-China trade war sentiment, economic data overnight was mixed, looking into today’s Wall Street session, focus will be on U.S. inflation data early with CPI due out ahead of the bell (E: 0.0%), and more.
Sevens Report’s Co-editor Tyler Richey quoted in MarketWatch on November 26, 2018. His take on Dow Theory.
Is flat the new inverted? futures are trading slightly lower this morning, after the close yesterday, the WSJ ran an interview with Trump where he said he was ready to move forward with increasing tariff rates, with Powell’s speech later this week still a major focus of the market, the Fed chatter will be watched closely while the market will remain very sensitive to any further rhetoric on the trade front (the other big event being the G20) after Trump’s comments yesterday afternoon. and more.
Sevens Report’s Tom Essaye quoted in Barron’s on November 15, 2018.
“Supplies in storage “have fallen out of the five-year maximum-minimum range as stockpiles did not build as fast as most analysts had expected this summer,” says Tyler Richey co-editor of Sevens Report.