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Stocks edged higher yesterday as traders remain on edge about the powder keg building in the Middle East. A private employment report issued by ADP hinted at a stronger than expected jobs market, which should be celebrated, but won’t until the official Government report is out of the way; that...

Stocks didn’t stand a chance of gains in yesterday's session which was fraught with negativity from all angles. The latest ISM reading on manufacturing showed a further decline into the contraction zone, led down by weakening employment.

Stocks closed in the green yesterday after a rough ride in which Chairman Powell turned down the volume at the rate-cut partiers’ rowdy rave. Don’t worry rates are still going down but the Fed is in no hurry, according to the Head Fed himself.

Stocks had a mixed close on Friday as traders mulled the latest inflation figures which showed that it continues to trend toward the Fed’s target. Consumer sentiment was revised upwards by University of Michigan; however, the levels still lag pre-COVID levels.

Stocks rallied yesterday with solid economic numbers, supported by sweet-talk from the Fed. GDP growth estimates were revised upward fueling hopes of a soft landing.

Stocks broke their winning streak yesterday amidst confusion amongst investors on what they should be watching now to inform them on the next move in stocks. New Home Sales were muted in August but not as bad as expected.

Chinese bullishness was imported into yesterday’s US stock market gains with the PBOC joining the stimulus bandwagon. Consumer Confidence is eroding more than economists were expecting creating clouds over the economy’s future.