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Stock Market Scorecard - October 28, 2019

The Stock Market Scorecard is designed to provide a succinct summary of the “state of the market.” The scoreboard includes indicators covering trend, momentum, mean-reversion, sentiment, and fundamental factors over the short-, intermediate-, and long-term time frames.

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Thursday, October 3, 2019

The big number out of the US today is the September ISM non-manufacturing index. The September ISM non-manufacturing index came in at 52.6 compared with the expected 55.3, which is down big from August's 56.4.

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Wednesday, October 2, 2019

Well, well, well, the odds of a Fed rate cut in October just popped to 65 percent, which is up from 40 percent after the most recent ISM Purchasing Managers Index dropped from 49.1 in August to 47.8 in September.

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