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Stephen Guilfoyle in his Market Recon column parses July's Retail Sales data, dissects the latest Fed minutes, checks out the latest GDPNow estimate and how the market is handicapping rate hikes, and previews the unveiling of Apple's iPhone 14 and Series 8 Watch and checks Apple's shiny charts..AMAT ....
Stephen Guilfoyle in his Market Recon column checks out Thursday's glimmer of hope in equities, the upbeat move in small- and mid-cap stocks, the latest GDP outlook, the serious tone of Fed Chairman Powell, the box the U.S. economy finds itself in, and Elon Musk putting his Twitter deal on hold..XLC ....