Looking at some similarities and differences to prior episodes
Highlights • This month’s stock price drop is similar to others in this bull market • This stock price drop is not similar to the start of the 2007-2009 financial…
Read MoreHighlights • This month’s stock price drop is similar to others in this bull market • This stock price drop is not similar to the start of the 2007-2009 financial…
Read MoreWhile the market is in the midst of a correction that has reversed the excessive optimism among Investors Intelligence Newsletter Writers, low VIX, and extended overbought condition using a 14-week…
Read MoreOversold can get more oversold even when it hits an extreme. Over the past few weeks, it has become very apparent there are only three catalysts that could lift stocks…
Read MoreThe monthly data on Personal Consumption Expenditures (PCE) in September, rose 2.0% y/y, from 2.2% in August. The Fed’s favorite measure for inflation, the Core PCE, was 2.0% y/y as…
Read MoreFollowing a hectic and volatile week last week, there are several major economic data releases along with many key earnings releases this week that could help drive the markets forward…
Read MoreThe first look into the 3rd quarter Gross Domestic Product (GDP) was released by the Commerce Department this morning and showed the economy expanded at a 3.5% pace
Read MoreThe sharpness of the drop over the past three weeks is breathtaking, and likely to get worse on the back of some Tech earnings releases. We anticipated a correction to…
Read MoreFriday features two major economic releases as Q3 GDP is due out along with the October release of the University of Michigan Consumer Sentiment. It is a quiet day in…
Read MoreAs the market hunts for an elusive low, Thursday features a key economic release as well as a plethora of major earnings releases. We continue to believe that the market…
Read MoreClearly, the market has not reached an oversold level enough to bring in the buyers. As we wrote last Friday, the bottoming process can feel really awful, and this one…
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