Earnings Season

Rangebound Ahead of Earnings

The price action in April has been rangebound which has been a disappointment as seasonality this month is typically some of the best on the calendar. You can see in the chart below the sideways trading this month and we await a decisive break of this range (4172/4097) before anything interesting gets going in the […]

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Technicals and Prices

An uneventful week in the US financial markets as stocks and bonds retrace their advances over the last several weeks. Several Fed Governors were on the speaking circuits this week including Powell who gyrated the market on Tuesday. The CPI/PPI numbers are released next week and will give another progress report on the Fed’s efforts […]

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