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If a risk-aversion move is to materialize, this is a logical point for it to happen as the ratio of the Staples (XLP) over Discretionary (XLY) ETF tests long-term rising trendline support.
Real Time Economic Calendar provided by Investing.com.
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01.30.2023| On This Day | Tech Talk
With losses typical during recessionary or rate hiking periods, we may have to dismiss the theory of “As goes January, so goes the year.”
Real Time Economic Calendar provided by Investing.com.
*** Stocks highlighted are for information purposes only and should not be considered as advice
01.28.2023| On This Day | Tech Talk
The change in the Balance of Payments has increased by the most since the Great Financial Crisis as the US trade deficit contracts amidst the downfall of consumer demand.
Real Time Economic Calendar provided by Investing.com.
*** Stocks highlighted are for information purposes only and should
01.26.2023| On This Day | Tech Talk
Bank of Canada is pausing and the Fed is expected to suggest the same: Study shows that the best performing investment 3 to 6 months after the last rate hike is bonds. The worst: Gold.
Real Time Economic Calendar provided by Investing.com.
*** Stocks highlighted are for information purposes
01.25.2023| On This Day | Tech Talk
From extremely bearish to neutral, sentiment has neutralized rapidly over the past few weeks and you are starting to see analysts let down their bearish guard.
Real Time Economic Calendar provided by Investing.com.
*** Stocks highlighted are for information purposes only and should not be con
01.24.2023| On This Day | Tech Talk
Money managers have neutralized their bullish bets on the US Dollar Index, setting the stage for a retracement higher in the currency benchmark through the end of the first quarter.
Real Time Economic Calendar provided by Investing.com.
*** Stocks highlighted are for information purposes only
01.23.2023| On This Day | Tech Talk