Historical May sector performance
Since 1990, the S&P 500 Index (SPX) has had an average gain of 1.09% in May and has been positive 21 out of the past 29 times. Consumer Staples,…
Read MoreSince 1990, the S&P 500 Index (SPX) has had an average gain of 1.09% in May and has been positive 21 out of the past 29 times. Consumer Staples,…
Read MoreThe Conference Board reported the Consumer Confidence Index improved in the latest survey. For April, Consumer Confidence rose to 129.2 from an upwardly revised 124.2 in March.
Read MoreAlthough our fundamental core thesis remains positive, given a backdrop of low inflation, the dovish Fed pivot, a re-steepening yield curve, slowing but positive growth, better-thanexpected EPS, and valuation…
Read MoreThe S&P 500 Index (SPX) set two new closing high last week, and came oh so close, but failed to surpass the intraday record high of 2,940 on…
Read MoreThe yield curve as measured by the difference between the 2-year U.S. Treasury note yield and the 10-year U.S. Treasury Bond (known as the 2-10 spread) is steepening…
Read MorePersonal Income rose a tepid 0.1% in March, down from 0.2% in February and well below the 0.4% estimate. Despite the slower income growth, there was a surge in…
Read MoreDespite last week’s 1.2% gain, which pushed the S&P 500 Index (SPX) to a new closing high (but not an intraday high) our four favored tactical indicators remained little…
Read MoreThis morning we got the advanced reading on Gross Domestic Product (GDP) for the 1st quarter of 2019.
Read MoreA big pet peeve for me is when folks generalize a huge asset class and then suggest it is sending investors some kind of message.
Read MoreThe Investors Intelligent report yesterday, showed that despite the recent market gains, there was a decline in the percent of newsletter writers that were bullish on the market.…
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