From a tactical standpoint, the S&P 500 gained 0.54% last week and our four indicators are a bit more overbought, but still remain in neutral territory. In terms of economic data, the remainder of this week will feature a number of significant economic data releases. Due out this week are: Existing Home Sales, Goods Orders, Continuing Claims, Markit US PMI data, New Home Sales, and U. of Mich. Sentiment data.

 

Sign up to access the rest of this content!

This content is not available to free users. Sign up for a paid account to access the rest of this content.




Share this: