3+ day, 18+ hour ago   (583+ words) SP500 is losing ground as traders focus on PPI report and react to the strong rally in the oil markets. PPI increased by +0.4% month-over-month in August, in line with analyst expectations. Core PPI grew by +0.2%, while analysts expected that it would…...

3+ day, 20+ hour ago   (893+ words) U.S. stocks are lower at mid-session Thursday as crude oil above $100, Treasury yields at multiyear highs, and a 70% probability of a September rate hike hit the indexes at the same time. The Producer Price Index came in slightly above estimates at…...

3+ day, 23+ hour ago   (119+ words) with the S&P 500 testing 7,600 and markets bracing for CPI-driven volatility. The markets will remain very on edge, I suspect, with interest rates, the PPI numbers coming out during the day, CPI coming out tomorrow, and the war headlines. If…...

3+ day, 23+ hour ago   (336+ words) Walmart, Costco and Amazon face key technical setups as U.S. rates rise, with WMT and COST eyeing rebounds while AMZN tests Fibonacci support. One of the first places I’ll look at is Walmart. Walmart looks like it’s going to jump a…...

4+ day, 1+ hour ago   (826+ words) Stock futures are trying to stabilize Thursday after three straight losing sessions. The August Producer Price Index is due at 12:30 GMT with headline estimates at 0.3% month over month and 5.3% year over year. Traders are pricing about a 60% chance of a…...

4+ day, 18+ hour ago   (555+ words) SP500 is losing ground as traders react to Bessent’s decision to boost bond buybacks to $6 billion and focus on the rally in the oil markets. The Treasury will increase bond buybacks to push yields lower. The bond market is not impressed…...

4+ day, 18+ hour ago   (353+ words) The Dow Jones broke key support after August’s rare warning, raising correction risks as Elliott Wave analysis points toward the 43,047–47,437 support zone in coming months. The conclusion was cautious but measured: the primary trend remained higher, yet the combination pointed…...

4+ day, 21+ hour ago   (636+ words) Stocks were weak Wednesday before Treasury Secretary Scott Bessent made the bond market’s problem bigger. Crude oil was already above $100. Yields were already near multi-month highs. The Dow was already down before the open. Then Bessent announced the largest Treasury…...

5+ day, 12+ min ago   (297+ words) Nasdaq, Dow and S&P 500 drift lower as Treasury yields rise, with the Dow weakening and the S&P 500 approaching key 7,600 support. The NASDAQ 100 initially tried to rally a bit during the trading session here in pre-market trading on Wednesday,…...

5+ day, 18+ hour ago   (588+ words) SP500 is losing ground as traders focus on rising Treasury yields and high oil prices. Treasury yields moved higher as traders focused on rising risks of a rate hike at the next Fed meeting. According to FedWatch Tool, the probability of…...