Author: Jayanthi Gopalakrishnan

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The S&P 500 Index Showing Its Holiday Spirit | ChartWatchers
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The S&P 500 Index Showing Its Holiday Spirit | ChartWatchers

The higher lows in the S&P 500 Index are giving investors and traders some hope. Will the gains continue? We’re heading into the Thanksgiving holiday with a somewhat positive outlook from the stock markets. After a challenging year, with the markets reaching their all-time highs in January and then trending lower and lower, many investors...

Inflation Show Signs of Cooling, Retail Earnings Encouraging | ChartWatchers
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Inflation Show Signs of Cooling, Retail Earnings Encouraging | ChartWatchers

Wash, rinse, repeat. We’re seeing a scenario very similar to what we saw last Thursday, when the Consumer Price Index data was released. Today’s Producer Price Index (PPI) also showed signs that inflation may be cooling. The softer-than-expected October PPI number was news that may further boost investor confidence. The year-over-year number was up 8%...