Ugly News From Philly, Indexes Pass the Test, Trading ServiceNow and KLA
Stephen Guilfoyle in his Market Recon column recaps ugly manufacturing news from the Philly Fed, notes how the major market indexes passed a key support test, outlines trades for ServiceNow (NOW) and KLA Corp. (KLAC), wonders what's up with the Fed's balance sheet and is wary about market volume....XLY
Source: thestreet.com