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Bull Flags For Nasdaq And S&P
Article By:
Declan Fallon
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Wednesday, June 8, 2022 5:56 PM EDT
The last few days have seen the S&P and Nasdaq consolidate their bounce with 'bull flags'. Both markets are coiling in preparation for a follow-through move - presumably higher.
Stocks Drop On June 8, And Further Declines May Be Coming
Article By:
Michael J. Kramer
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Wednesday, June 8, 2022 5:42 PM EDT
We appear to be in a distribution pattern right now, churning at the top of the range. Today, we closed right above the lower uptrend, which helps form the diamond pattern in the S&P 500.
Inflation And The $64(0),000 Question
Article By:
Jesse Felder
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Wednesday, June 8, 2022 5:17 PM EDT
The weakness in the stock market so far this year has many pundits and investors alike wondering if we might be closer to the end of the drawdown than the beginning.
In this article: SPX
Stocks Settle Sharply Lower; Oil Keeps Climbing
Article By:
Schaeffers Research
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Wednesday, June 8, 2022 5:04 PM EDT
Stocks extended their losses on Wednesday, after the 10-year Treasury yield topped 3% once again, igniting economic growth concerns amid the Federal Reserve's plans to tighten its monetary policy.
Recession Outlook Update, Where Do Things Currently Stand?
Article By:
Mish Shedlock
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Wednesday, June 8, 2022 4:39 PM EDT
Recession sooner or later? That is the question. A soft landing is not in the cards.
Full-time And Part-time Employment: A Deeper Look - Wednesday, June 8
Article By:
Jill Mislinski
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Wednesday, June 8, 2022 4:26 PM EDT
Let's take a closer look at the latest employment report numbers on Full and Part-Time Employment.
A Win For The Little Guy
Article By:
Brad Thomas
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Wednesday, June 8, 2022 4:00 PM EDT
Recently, we learned that the Securities and Exchange Commission (SEC) scrutinized various trading practices to try leveling the playing field.
Poland’s Central Bank Raises Rates By Another 75 Basis Points
Article By:
ING Economics
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Wednesday, June 8, 2022 3:31 PM EDT
The National Bank of Poland has hiked rates by another 75bp lifting the reference rate to 6%. It was the ninth rate hike of the current cycle which is likely to continue until we hit a target rate of 8.5%
In this article: EPOL
Why Is Oil Still Going Up?
Video By:
Bill Baruch
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Wednesday, June 8, 2022 3:07 PM EDT
We're seeing equities falling back and crude moving higher. Let's take a look at why.
Mortgage Activity Falling Off A Cliff
Article By:
Bespoke Investment Group
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Wednesday, June 8, 2022 3:00 PM EDT
As the national average for a 30-year fixed-rate mortgage has resumed its move higher, mortgage refinance applications continue to fall as fewer homeowners are balking at the highest rates in over a decade.
HOOD: Robinhosed
Article By:
Tim Knight
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Wednesday, June 8, 2022 2:48 PM EDT
Robinhood's outing as a publicly-tradeable financial instrument has been less than stellar.
In this article: HOOD
