USD/CHF has extended its bounce from 0.8374 to a high of 0.8532, but it is now facing resistance from the falling trend line on the 4-hour chart.

Stocks started flat and turned sharply, only to rise sharply following a confusing CPI report. By day’s end, it seemed clear that the only thing the CPI report seemed to confirm was that the Fed was unlikely to cut rates by 50 bps in September.

The GBP/USD pair remains under pressure, trading near 1.3045 as the market reacted to the latest US inflation data. Economic activity released during the European session seems to have added pressure on the pound.

GameStop fundamentals are not looking good, but cash reserves make the company's transformation potential high.

Still, the debate lingers: will we see a soft landing or a hard one?

A fairly in-line CPI reading seemed to have a delayed reaction in cheering the risk markets higher. The Dollar chopped around and finished just about unchanged.

Today's economic data generated a sizable gap down across indices which carried into the open and for the morning session. At this point, bears had all the momentum until buyers made their appearance and kept buying pressure right into the close.

The US Consumer Price Index (CPI) continues its downward path. The August CPI report eased to 2.5% year-on-year, down considerably from the 2.9% gain in July and in line with the market estimate.

Between the Fibonacci (on the /ES) and this gap fill (on the DIA), the support was clear.

the Wednesday market did not disappoint and there were both emotional lows and more recently highs.

With August CPI release, we have core, chained core, supercore, and services supercore. PPI comes tomorrow.

The inflation swaps market was pricing in 0.05% on an NSA basis, roughly 0.13% on a SA basis.

Spok’s total dividend payout is forecast to rise from $25.6 million in 2023 to $30.4 million in 2024, so it is likely still paying shareholders more than it’s taking in.

We’re too busy thinking about Federal Reserve policy and whether they’ll go 25bps or 50bps at the next FOMC meeting.

I expected rent and OER to moderate. They didn’t. The CPI rose 0.2 percent month-over-month but fell to 2.5 percent year-over-year.

Given Kimberly-Clark's impressive recent stock market performance and strategic advancements, the company appears well-positioned for sustained growth. But what is the next move for KMB investors?

In fact, over the past 25 years, yield curve inversions have correctly predicted recession twice and been wrong twice.

Understanding market behavior is crucial for anyone involved in investing, as it shapes the decisions that drive price movements and market dynamic

The U.S. did have respectable growth under Trump's administration, but it was not especially good by any standard metric. We also were very far from being the fastest growing economy in the world.

In summary, the TASI Index is in a corrective phase, with gray wave 2 progressing and expected to conclude soon. Following this, the market may shift toward a more bullish trend with gray wave 3.