Sit Tight to Wait and See

Market Moving Event: News and information normally regarded as market drivers had little impact today. The overwhelming majority of companies reporting positive earnings surprises nor the upbeat housing and consumer confidence data were…

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Without Data, What Else Can One Expect?

Market Moving Event: Core Durable Goods Orders were today’s only major data. Since they aligned with expectations, the market lacked a catalyst to drive stock indexes notably higher or lower. Therefore, a flat day and contracting volume were somewhat expected. Yet, there is always tomorrow or the day after, which will be exactly the case as @ 100 SP-500 constituents report earnings over the next two days. If that is not sufficient, then look to this Wednesday’s release of …

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