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Stpehen Guilfoyle in his Market Recon thinks investors and traders are cruisin' for a bruisin', checks out more ugly economic data, sees the yield curve's inversion worsening, checks out rising mortgage rates and details the red flags issued by FedEx (FDX) as it warned of disappointing results....FDX
Headline inflation is stabilizing where it is, and core inflation is actually still heating up. That's problematic....DOOO
How big is the August CPI this week? It is everything....XLY
Relief Rally, Powell and the Fed Heads, Deflationary Forces, Apple's Clever Move: Market Recon...XLE
Stephen Guilfoyle in his Market Recon columns previews August jobs day, says it's time to be a trader rather than an investor, takes a look at S&P 500 technical support, notes rising outflows from the ARK innovation ETF (ARKK), and offers ideas for stocks that might make for good longs right now....XLV