Investors jump back into risk assets
Stocks surged for a second day and technology stocks led the way. The four major indices all gained over 1%, but the Nasdaq Comp. was the standout with a 2.1%…
Read MoreStocks surged for a second day and technology stocks led the way. The four major indices all gained over 1%, but the Nasdaq Comp. was the standout with a 2.1%…
Read MoreSo much for Friday’s decline. The S&P 500 Index (SPX) had gained back all of last week’s losses and crossed back above the 3,300 level.
Read MoreStabilization in the Chinese markets and a very unclear outcome from the Democrat Iowa Caucus has the market in rebound mode this morning. As Mike Welch pointed out in the…
Read MoreA gauge of U.S. manufacturing rose more than expected, climbing out of contraction territory for the first time since last July. The Institute for Supply Management (ISM) reported its manufacturing…
Read MoreI am getting a few questions about why we haven’t been more negative given continued overbought and potential impact from CoronaVirus. The simple fact is that we pulled in our…
Read MoreIn Friday morning’s post, Uncomfortably neutral with no edge available to gold level subscribers, we discussed that our four tactical indicators had started pulling back from extreme overbought territory. The…
Read MoreTony quoted in CNBC Article: An analysis of the market sell-off: What’s likely causing it and how worried you should be…
Read MoreFear over the spreading of the Coronavirus has caused the S&P 500 (SPX) to drop just over 3% from its record high. The dramatic drop last Friday begs the question…
Read MoreThe four major indices all suffered steep losses on Friday to cap off a second down week. For the Dow Jones Industrial Avg., S&P 500 Index (SPX), and Russell 2000…
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