What arm and instacarts price action will tell us about this debut. Topping the tape for us this morning, fairly obvious, that is the fed decision ahead of that, rates retreating a little bit with oil holding pretty steady. B of a today did up its yearend price target on the s p to 4,600. About 7 upside, while citi says that Global Growth is likely dom in higher than predicted lets bring in cnbc senior markets commentator, mike santoli. And that bullish note on growth is probably one reason why yields havent fallen much thats for sure that, the feds message of higher for longer. And just in general, its all the things we see as headwinds are, as ive been saying, coming against an economy thats already been humming pretty well also, the fed in a pretty good spot, you would have to say. The fact that they basically communicated a likely pause, the market internalized a likely pause, rates roughly where they need to be if the whole debate is about whats the pace of potential cuts next yea
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB – Get Free Report) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 16,800 shares, a drop of 12.5% from the April 30th total of 19,200 shares. Based on an average daily volume […]
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Guggenheim Strategic Opportunities Fund (NYSE:GOF – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $14.41 and traded as high as $14.53. Guggenheim Strategic Opportunities Fund shares last traded at $14.52, with a volume of 604,449 shares. Guggenheim Strategic Opportunities […]