- equities traded lower at midday on Friday, September 4, as a stronger-than-expected August employment report reignited concerns over Federal Reserve policy tightening
- The Dow Jones Industrial Average fell 305.39 points (-0.57%) to 53,380.72, the S&P 500 shed 33.92 points (-0.44%) to 7,713.79, and the Nasdaq Composite declined 110.72 points (-0.42%) to 26,494.39
- All three major averages were sitting near session lows heading into the midday hour, having briefly steepened losses around 11:35 a.m
- Cautious regime, improving at the margins.
- What's working: Continuation/2LYNCH scan is rich with 12 signals — healthy breadth;…
- Equity futures point to a mixed-to-flat open on Friday, September 4, as…
- S&P 500 futures are trading 4.00 points below fair value, while Nasdaq…
- META ($610.68): ATR multiple 0.83, 0 funds, undefined%
- MCK ($921.14): ATR multiple 3.60, 0 funds, undefined%
- CNH ($13.84): catalyst 1d ago, +9.2% gap, RVOL 1.7
- DELL ($516.39): catalyst 1d ago, +15.8% gap, RVOL 2.8
- BE ($235.55): +8.4%, RVOL 1.3, between
- CLS ($309.84): +11.6%, RVOL 1.5, at_demand
- equities extended their rebound on Thursday, September 3, as easing Treasury yields…
- The S&P 500 climbed 81.11 points (+1.06%) to close at 7,747.71, the…
- Cautious.
- What's working: Continuation (2LYNCH) fired 10 signals, D9M 14, Reversal Bullish 8…
- equities extended Wednesday's rebound into a broad, accelerating midday advance on September…
- As of the 12:00 ET update, the Dow Jones Industrial Average stood…
- Cautious.
- What's working: Continuation/2LYNCH is firing with 12 signals (decent breadth), led by…
