Bulls retreat in the latest survey
Bullish newsletter writer sentiment declined after six weeks of gains.
Read MoreBullish newsletter writer sentiment declined after six weeks of gains.
Read MoreLower mortgage rates did not provide a boost to existing home sales in June.
Read MoreI think this link from last night’s CNBC “Fast Money” show nicely captures our near-term pullback call followed by a more significant intermediate-term advance toward our S&P 500 (SPX)…
Read MoreThe S&P 500 (SPX) finished up +0.28% today and was mostly carried by the Info. Tech. sectors which saw upside from semis. It was a very quiet sessions as…
Read MoreIn our note last week, Time for a pullback, we outlined the recent new highs and overbought conditions in the market that suggested to us that a minor correction…
Read MoreThe Chicago Fed National Activity Index, which tracks the rate of economic expansion, June numbers came in today at -0.02, below the consensus estimate of 0.10, but above last…
Read MoreAfter a week where the S&P 500 finished down -1.36%, futures are now up by +0.3%. Last week had an array of Fed commentary that suggested a 25 basis…
Read MoreThe S&P 500 (SPX) finished down 0.62% for the day and down 1.36% for the week. This week saw some US economic surprises to the upside alongside Dovish Fed…
Read MoreQ2/19 earnings season kicked into gear this week with 56 S&P 500 (SPX) companies having reported earnings.
Read MoreThe S&P 500 (SPX) finished higher after early weakness. Financials were up on solid performance from the banks. Comm. Services were down after the Netflix earnings release. Yields also…
Read More