Chart Mastery Webinar: David Moadel & Guests
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CPI and Retail Sales Disappoint, But Markets Shrug It Off…So Far
Well, the economic data released today was anything but favorable and yet the market, for now, is seemingly shrugging off the data. Everyone was waiting with bated breadth for the inflationary data coming into today’s market trade, hoping for a benign reading. But what they got was worse than expected in the way of CPI.…
Equity Futures Rally Ahead of CPI and Retail Sales Data
Can U.S. equities stay on track with a 4th consecutive day of gains and after a severe correction? While the magnitude of the correction was an average 12% for the Dow Industrial Average and S&P 500, how quickly it achieved correction territory and with such extreme volatility found itself with great fear in the market…
