Repeating Friday’s market performance, today, the S&P 500 sold off in the last 30 to 40 minutes, giving up its entire daily gain for a loss of 0.27%.  Nevertheless, it did gain 0.1% last week for its eighth consecutive weekly gain.  Read more about What the Market Wants: Sell-offs and VIX’s Rise Deserve Caution

david / Tag: VIX, AMZN, EBAY, MRVL, NUS, NXPI / 0 Comments

The S&P 500 seemed to hit a wall at 1800, retreating after the all-time, but rebounded to close only 0.38% down. It could be just a pause or it could be a bit more serious due the plethora of earnings reports this week from the Consumer Discretionary sector.  Today, URBN began what will be a veritable deluge of retail sector earnings reports this week Read more about Turning point for Consumer Discretionary Sector?

david / Tag: BX, ACT, NUS / 0 Comments