New high in S&P 500 Adv/Decl line
Yesterday saw a new record high in the S&P 500 (SPX) Cumulative Advance/Decline line (Figure 1). Here is a great example of why we must view data points within the…
Read MoreYesterday saw a new record high in the S&P 500 (SPX) Cumulative Advance/Decline line (Figure 1). Here is a great example of why we must view data points within the…
Read MoreThere is strong market breadth today as a majority of S&P 500 constituents are trading higher.
Read MoreIn shock drops, pops and flops, we highlighted the consistency of human nature following a “shock drop” in the S&P 500 (SPX). As a reminder, a shock drop is a…
Read MoreToday's Retail Sales report reinforces why we don't read too much into any individual economic data point. How could anyone possibly look at Core Retail Sales and suggest it…
Read MoreTony Dwyer, Canaccord Genuity, discusses whether the market has seen its lowest lows and where it could go from here.
Read MoreIf you divide net repurchases by market cap, you get “net repurchase yield.”
Read MoreHow do you know when fear might be discounted? President has personal lawyer raided, Paul Ryan retires, a missile gets shot down and blasts are heard in Saudi Arabia, Zuck…
Read MoreThe headline Consumer Price Index ticked lower in March, falling -0.1% m/m vs. a 0.0% estimate.
Read MoreThe latest Investors Intelligence report shows the drop in bullishness is starting to pick up steam.
Read MoreBreadth remained strong into the close. On the NYSE volume in advancing stocks outpaced volume in declining stocks by a ratio of 6.67 to 1. This is the highest closing…
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