Inflation data remains tame
The headline Consumer Price Index (CPI) was a bit hotter than expected on a on a month-over-month basis.
Read MoreThe headline Consumer Price Index (CPI) was a bit hotter than expected on a on a month-over-month basis.
Read MoreNewsletter writers continued to get more bullish in the latest poll.
Read MoreWhat had been a decent morning rally faded into a basically flat day for the major indices.
Read MoreThe S&P 500 (SPX) is up 23% for the year and 3.7% for the current quarter, which we believe discounts a less-negative economic and EPS view as we enter the…
Read MoreAfter declining in August and September, small business optimism improved a bit in October.
Read MoreI will be guest hosting on Bloomberg TV today from 9-10am EST. Hope you can tune in.
Read MoreRemember a month ago when nearly everyone was bearish? The monthly BofA Merrill Lynch Global Fund Manager Survey showed that cash levels fell to the lowest since June 2013. Funny…
Read MoreAfter last week moved most of our tactical indicators further into overbought territory last week, this week started with stocks taking a bit of a breather. As we wrote about…
Read MoreAfter new highs were set last week, the equity markets took a rest today.
Read MoreThe S&P 500 Index (SPX) moved higher for the fifth consecutive week and set a new closing high on Friday. This moved most of our tactical indicators further into overbought…
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