The S&P 500 is stalling under the 50-day EMA, which isn't a great look, but not unusual to see it hold off there, perhaps until the next headline hits and it will either breakout or rollover. With 4 Magnificent 7 stocks reporting this week starting after the bell on Wednesday, and the important jobs report on Friday, we should have some answers by the end of the week if you're not into speculating.
The 10-year yields is down sharply but the dollar is up modestly. Small caps and the I-fund are currently flat. Oil and gold are down, and bitcoin is up a bit.
The 10-year yields is down sharply but the dollar is up modestly. Small caps and the I-fund are currently flat. Oil and gold are down, and bitcoin is up a bit.
