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Treasury Tailwind: Yields Fall Further After GDP Report, But Bearish European Data Threatens Rally

Treasury Tailwind: Yields Fall Further After GDP Report, But Bearish European Data Threatens Rally

Key Takeaways Slightly cooler U.S. data pushes Treasury yields lower ahead of opening bell Disappointing inflation data from Germany, Spain take bloom off of U.S. rally’s rose Hurricane, large stockpile draw have crude oil prices on the rise (Wednesday market open) A sprinkle of caution threatened to rain on Wall Street’s rally parade early Wednesday as […]

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Price Check: Key U.S. Inflation Data Meets Expectations, Giving Stocks, Treasuries an Early Lift

Price Check: Key U.S. Inflation Data Meets Expectations, Giving Stocks, Treasuries an Early Lift

Key Takeaways July PCE inflation data comes in as expected, with services prices up again while goods retreat August jobs report looms tomorrow with analysts expecting growth of 170,000, down from July European inflation data remains stubbornly strong in August, while U.S. layoffs climb (Thursday market open) One day before this data-packed week hits its crescendo […]

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Fall Break for Fed? Bullish Jobs Report Shows More Signs of Slowing Economy, Easing Rate Hike Pressure

Fall Break for Fed? Bullish Jobs Report Shows More Signs of Slowing Economy, Easing Rate Hike Pressure

Key Takeaways August jobs growth of 187,000 beats estimates but rest of report is mild, driving hopes of Fed pause Manufacturing data from Europe remains weak as investors await August U.S. manufacturing read this morning China takes further steps to spur spending and investment as manufacturing data beats estimates (Friday market open) U.S. jobs growth stayed […]

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Fibonacci Retracements: A Golden (Ratio) Idea for Trading?

Fibonacci Retracements: A Golden (Ratio) Idea for Trading?

Key Takeaways Learn how to create Fibonacci retracement levels on stock charts  Fibonacci retracement levels may be used to identify support and resistance levels Understand how Fibonacci levels can help make trading decisions Leonardo Fibonacci was a mathematician who worked on the “golden ratio” and developed the Fibonacci sequence. Many technical traders use what’s known […]

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