Uptick on Trade Headline, Good Underlying Data
Today it seemed like the market was just following the China headlines, but it meant more to us. The S&P 500 (SPX) was up 1.30% bringing it within an…
Read MoreToday it seemed like the market was just following the China headlines, but it meant more to us. The S&P 500 (SPX) was up 1.30% bringing it within an…
Read MoreNow it is time to get excited. Yesterday, we noted the S&P 500 Index (SPX) had been stuck in a short-term trading range. Today, the SPX broke out of…
Read MoreEarlier this week the Institute for Supply Management (ISM) reported that U.S. manufacturing slipped into contraction territory for first time in three years.
Read MoreNot surprisingly, the Bureau of Labor Statistics (BLS) reported this morning that second quarter productivity slowed from Q1.
Read MoreThe S&P 500 (SPX) is just a few percent below an all-time high, yet it has felt like we are drowning in the negative news backdrop and geopolitical drama.…
Read MoreThere was an increase in bullish sentiment and a decrease in bearish sentiment this week, but bulls remained below bears for the 5th consecutive week.
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