Afternoon Note
It's been difficult sledding all morning with would-be sellers not taking the bait. At least not for the moment.
It's not going to get a lot of press but that sharp decline in the Chicago Business Barometer is notable.
The blip that is too bright on everyone's radar is the spike in core PCE prices.
It’s looking more unlikely the Fed will cut; although, the Street still sees 25 basis points (bps) next month. Meanwhile, bond yields keep edging higher.
Amazon (AMZN) and Apple (AAPL) conclude this week’s Magnificent Seven earnings reporting after the close today.
Historically, Apple (AAPL) earnings reaction has been mixed with weak EPS surprise.
The Street will keep an eye on consumer spending trends when Amazon.com (AMZN) reports. Historically, the financial release has moved the stock as much as 15.6% in one week.
Tweet |
12/6/2024 6:54 AM | POWELL NEEDS A WEAK JOBS REPORT |
12/5/2024 1:46 PM | Mixed Action ahead of Tomorrow’s Jobs Report |
12/5/2024 9:37 AM | LUCKY SEVEN STRIKES AGAIN |
12/4/2024 1:48 PM | Fed’s Powell on Deck |
12/4/2024 9:53 AM | MEGA CAP TO THE RESCUE (AGAIN) |
12/3/2024 1:29 PM | Lackluster Session |
12/3/2024 9:46 AM | STUMBLING HIGHER |
12/2/2024 12:52 PM | A Year for The Ages |
12/2/2024 9:40 AM | GREED & HOLIDAY CHEER |
11/29/2024 7:08 AM | IT COULD BE A FLIGHTLESS DAY |
11/27/2024 1:34 PM | Sticky Inflation |
11/27/2024 9:57 AM | RALLY BROADENS BUT FOCUS ON QUALITY |
11/26/2024 1:21 PM | Consumer Confidence Improves |
11/26/2024 9:40 AM | SHOTS FIRED |
11/25/2024 12:51 PM | Stocks Rise, Oil Slides |
11/25/2024 9:44 AM | Small-Cap Gains Momentum |
11/22/2024 1:35 PM | Setting For Weekly Gains |
11/22/2024 9:30 AM | THE PARTY WIDENS |
11/21/2024 1:31 PM | No Fear |
11/21/2024 9:38 AM | SOME BOTTOM FISHING AMID ALL THE CHASING |
11/20/2024 1:11 PM | All Eyes on Nvidia |
11/20/2024 9:50 AM | GENERALS TO THE RESCUE |
11/19/2024 1:30 PM | Shaken Off Fears |
11/19/2024 9:37 AM | TERRA FIRMA |
11/18/2024 12:57 PM | Animal Spirits |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|