Equities traded higher in Monday session
The S&P 500 (SPX) started and ended the day up about 1.20%. Every sector was positive. Energy, Tech, Communication Services. and Consumer Disc. lead the way with Materials and…
Read MoreThe S&P 500 (SPX) started and ended the day up about 1.20%. Every sector was positive. Energy, Tech, Communication Services. and Consumer Disc. lead the way with Materials and…
Read MoreAfter the third straight negative week, the S&P 500 (SPX) has started Monday looking for a rebound, up over 1% on the open. Keep an eye out Friday as…
Read MoreThe S&P 500 (SPX) was up 1.44% today, but finished down for the third straight week. Financials sold off this week as banks are under pressure in a low…
Read MoreThe University of Michigan Consumer Sentiment Survey was released at 10am and it showed the three components of sentiment all moved lower.
Read MoreThis has been one heck of a volatile week in equities, but not in bonds where the 10-year U.S. Treasury yield has dropped down to 1.52%. The drop in…
Read MoreSummary of call with leading housing expert suggest no sign of recession
Read MoreAs we mentioned this am, the weakness has been pretty dramatic over the past couple weeks, but our tactical market indicators aren’t quite at the level suggesting a more…
Read MoreThe equity market is getting closer to where we would like to get more offensive following the expected correction. We believe one more push lower would likely cause all…
Read MoreThe market is getting hit on so many factors without any thought of a counteracting positive. This correction that so many wanted to add to exposure as the S&P…
Read MoreIn our view, the market is still in the corrective process that should set the stage for the next intermediate-term leg higher as the Fed gets more aggressive in…
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