Late day thought
Not much changed thus far today. Cyclicals are outperforming the mega-cap growth names as the market bumps up against resistance. Today we defined what would define the end of the…
Read MoreNot much changed thus far today. Cyclicals are outperforming the mega-cap growth names as the market bumps up against resistance. Today we defined what would define the end of the…
Read MoreWhen we began expecting a period of consolidation on June 5th, our tactical plan based on a positive fundamental core thesis was to add market exposure on weakness toward S&P…
Read MoreAs the S&P 500 Index (SPX) has moved up to test the June highs, retail investors became more bullish as well as more bearish on future market direction.
Read MorePositive news on a clinical trial for a potential Covid-19 vaccine had investors in an optimistic mood this morning.
Read MoreThere has been some significant rotation into industrial stocks over the last few days.
Read MoreAs equities continue to climb higher, so does bullish sentiment.
Read MoreThe Federal Reserve Bank of NY reported the Empire State Manufacturing Index surged to the highest level since November 2018.
Read MoreThe four major equity indices reversed early declines and ended at the highest level of the day.
Read MoreAs I get back into the swing of things after vacation, the constant chatter is about the likely stall in the recovery due to Covid-19 increased spread in various states. …
Read MoreThe Consumer Price Index (CPI) was a little hotter than expected in June.
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