Market Insights: Signals Ahead of Jackson Hole
Market Insights: Signals Ahead of Jackson Hole
Stocks closed lower yesterday, with the S&P 500 falling by 89 basis points. The drop could have been steeper if not for a late 19 basis point rebound in a one-minute candle at 3:59 PM. Market-on-close (MOC) orders yesterday were predominantly sell orders, and their size was unusually small—less than $1 billion. Typically, substantial buying ...
