The Traderszone Network

Published in TZ Latest News 14 March, 2016 by The TZ Newswire Staff

Was it the US consumer that marked the bottom in stock markets this year?

S&P 500 up 10% since the last retail sales report
On Feb 11, the S&P 500 touched a low for the year. A day late, an upbeat retail sales report was released and the market rallied 1.95%. If was followed by two similar-sized rallies and the momentum has continued through today.