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James DiGeorgia, Mr. Macro
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Morning Briefing

Wednesday, December 14, 2022 8:07 AM EST

Morning Matters:

Weekly Chart of S&P 500
by Geoff Garbacz

The Weekly Displaced Moving Average (DMA) Channel (Yellow Band) sees the current price above its channel as stocks are in uptrend mode. As such, bias is positive on a weekly basis. More...

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Market Matters:

Fed Out At 2:00 With Latest Announcement. Presser At 2:30. Was CPI Leaked Tuesday 60 Seconds Early?
by Geoff Garbacz

Overnight Summary: The S&P 500 closed Tuesday at 4019.65 (higher by 0.73%) from Monday at 3990.56 (higher 1.43%). The overnight high of 4072.50 was hit at 10:45 p.m. EST. The low was hit at 4046 at 6:40 p.m. EST, a range of ~26 points high to low. At 7:10 a.m. EST, the S&P 500 (mini) was up +0.50. More...

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Today's Superstock Investor Stock Scorecard:

Best Buy Co., Inc. (BBY)
by Geoff Garbacz

Best Buy got a downgrade this morning. Is there value at $84.07. More...

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