MARKETS DO NOT LIKE LACK OF PROGRESS APPROACHING WEEKEND, OECD SEES U.S. INFLATION AT 4.2%, YIELDS RISE
By Nigam Arora
To gain an edge, this is what you need to know today.
OECD Warning
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The chart shows rally attempts so far have fizzled.
- The chart shows the stock market is again approaching the top band of zone 1 (support) in the early trade.
- This morning, there is selling in the stock market on the lack of progress in the Iran war as the weekend approaches. The concern is that unless President Trump makes positive statements about the Iran war, institutional investors will sell tomorrow to reduce risk ahead of the weekend.
March 26, 2026