Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewKeeping things short and simple for the View. The market continues to slowly trickle lower. Surprisingly, it’s frustrating both sides. The bulls are frustrated for obvious reasons: They are looking for a bounce that simply hasn’t materialized, as the S&P is
Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewInterest rates are on the rise. Or at least, that’s the expectation. To quickly recap the last four weeks, the January jobs report came in stunningly hot (more than double economists’ expectations). Then the CPI, PPI and PCE reports all
Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewAfter a solid rebound on Thursday, the ES posted its worst week of the year. The ES and NQ were weak going into January's PCE reading, which overshot economists’ expectations. We have written it 9 other times this month, but
Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewYesterday's title, “S&P Sits on Vital Support” proved to be the case, as the index sifted lower, then erupted off the lows. The ES broke its longest losing streak in 2023 yesterday…but not by much or with all that much
Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable.Our ViewYesterday's title, “S&P Sits on Vital Support” proved to be the case, as the index sifted lower, then erupted off the lows. The ES broke its longest losing streak in 2023 yesterday…but not by much or with all that much