December 5th, 2023 Stuck on You. This morning, I evaluated the four major indexes – ES, NQ, RTY, YM – stripped of all indicators. Focusing solely on the price action from the past few weeks often offers the clearest perspective. Currently, a tug of war exists between Tech and Small caps with the S&P firmly […]
IN THE OVERNIGHT 5 DECEMBER
Mixed Markets TOP STORIES OVERNIGHT Moody’s Cuts China Credit Outlook to Negative on Rising Debt-BBG Moody’s Investors Service cut its outlook for Chinese sovereign bonds to negative, underscoring deepening global concerns about the level of debt in the world’s second-largest economy. Moody’s lowered its outlook to negative from stable while retaining a long-term rating of A1 […]