Quick comment on Yield Curve as end of recession signal
Just had a one-hour call with an institutional client focused on today’s post about Yield Curve. In summary, it is really simple – the wider the spread between the 2-year…
Read MoreMonday tactical indicators update
Our four tactical indicators continue to reverse from the extreme oversold condition that occurred in March and are moving further into neutral territory. Below are the levels they stand at…
Read MoreNot all credit pointing to V
How do you know when an oversold bounce is a relief rally like 2002 and 2008 vs. a fundamentally sustainable move off a recession-based low like 2003 or 2009? The…
Read MoreEarly Monday look.
Good morning! I woke up and looked at the markets and thought the price of West Texas Intermediate (WTI) oil was a misprint. Oil is down 25% to $13.50/barrel due…
Read MorePowerful rally to end the week
Stocks had a strong rally Friday on hopes of a possible cure for COVID-19 (not a vaccine) and the White House looking to reopen the economy in May.
Read MoreTactical rally still ramping – what defines tactical vs. fundamental?
The S&P 500 (SPX) Futures are up big this morning on optimism (1) there is a drug from Gilead that can cure the Covid-19 virus, and (2) President Trump’s reopening…
Read MoreModest gain in the SPX
The S&P 500 Index (SPX) spent most of the day bouncing in and out of positive territory.
Read MoreBoth bullish and bearish sentiment declined this week
The American Association of Individual Investors (AAII) reported bullish sentiment among its members slipped to 34.86% from 36.6% in the prior week.
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