Recent Posts
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Read more: Pre-Market Notes — Inflation Takes Center StageU.S. equity futures are modestly higher this morning as markets await September’s Consumer Price Index report. The S&P 500 and Nasdaq futures are showing small gains, but the early strength has yet to signal a meaningful change in the broader market structure. The CPI report, scheduled for 8:30 a.m. ET, is today’s principal catalyst. A…
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Read more: Are Bonds Setting a Bear Trap? — UpdateBonds have confirmed a Day 35 Daily Cycle Low following their multi-year decline. A Weekly swing low adds evidence that a more significant cycle turn may be developing. Is the bear trap beginning to take shape?
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Read more: Pre-Market Notes — Banks Kick Off Earnings Season
The major banks kick off third-quarter earnings season this morning, giving investors their first important look at corporate results. With the S&P 500 approaching resistance, the market’s response may prove more revealing than the earnings numbers themselves. Meanwhile, the Dollar is encountering resistance late in its Daily Cycle. A Daily Cycle decline could provide some…
