SPX ends a four-day win streak
Stocks took a bit of a pause today. For the S&P 500 Index (SPX), it was only the second down day in the last nine sessions.
Read MoreRotation can be seen in intra-day performance today
We are seeing continued rotation that is likely to continue. As you know, I believe that most of the folks that have been bullish are in the sectors that were…
Read MoreRamp has been led by Banks and Tanks. Time to rest?
When we adopted an offensive tactical position last Tuesday morning driven by a rotation into the Value, Banks, and Tanks, we highlighted how to reach a short-term target on the…
Read MoreAAII bearish sentiment declined for the fourth week
After hitting a seven year high in the first week of May, bearish sentiment has fallen to the lowest level in 15 weeks— but bears still outnumber bulls.
Read MoreInitial jobless claims continue to come down
For the ninth week, the number of people filing initial jobless claims declined.
Read More