ChartWatchers November 23, 2022 at 06:11 PM
The higher lows in the S&P 500 Index are giving investors and traders some hope. Will the gains continue? We're heading into the Thanksgiving holiday with a somewhat positive outlook from the stock markets... Read More
ChartWatchers November 18, 2022 at 03:38 PM
Read or listen to any financial media outlet and you're likely to hear the words "inverted yield curve... Read More
ChartWatchers November 15, 2022 at 02:07 PM
Wash, rinse, repeat. We're seeing a scenario very similar to what we saw last Thursday, when the Consumer Price Index data was released. Today's Producer Price Index (PPI) also showed signs that inflation may be cooling... Read More
ChartWatchers November 10, 2022 at 01:11 PM
The Consumer Price Index (CPI) report for October 2022 suggested that inflation could be cooling. This was welcome news for the stock market, given that the CPI has been steadily rising since December 2020. October CPI rose 0.4%, below the expected 0... Read More
ChartWatchers November 09, 2022 at 01:01 PM
When it comes to Wall Street, is it more about who controls Congress, or about erasing the uncertainty attached to the midterm election results? The uncertainty is still lingering since the midterm election results are still undecided as of this morning... Read More
ChartWatchers November 04, 2022 at 06:22 PM
The Bureau of Labor Statistics released its October jobs report today. The number of jobs added was higher than the consensus forecasts. Key Points of October Jobs Report Non-farm payrolls rose by 261,000 in October, higher than the 200,000 economists expected... Read More
ChartWatchers November 02, 2022 at 05:10 PM
The Fed may have raised interest rates by 75 basis points, but what's more important is the Fed's tone. Is it still hawkish, or did it shift to a more neutral stance? A 75-basis point rate hike was already baked in, so today's decision to raise interest rates to 3.75-4... Read More
