The S&P 500 plunged after another super-sized US rate hike. The break below 3900 has invalidated the recent bounce and put the buy side on the defensive. As sentiment deteriorates, strong selling pressure may continue to prevail. A fall below 3820 at the origin of a bullish breakout last July shows little buying interest left, […]
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Many Americans have been trading down. That’s what some retail leaders, including Walmart and McDonald’s, have talked about. “We drove positive transaction counts and unit volumes, and we’re gaining market share in grocery and general Read more…
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