AM Brew, May 27th 2022

Yesterday's 2% rise on the S&P500 appears to be a confirmation day indicating the start of a short snapback rally from heavily sold conditions. Retail earnings were the main culprit: Target & Walmart sparked a quick downdraft, as positive earnings news from Nordstrom, BestBuy, the dollar stores, Williams Sonoma and Macys' was enough to provide investors…