SPX extends gains to seven straight
Continued rotation out of tech stocks and into the economically sensitive areas boosted the broader market at the expense of the Nasdaq Comp.
Read MoreJoin us Wednesday August 12th at 1pm EDT for the August Monthly Macro Call for gold level subscribers
Dial in and WebEx info will be posted in the Conference Call section of the site shortly.
Read MoreMonday tactical indicators update
The four major equity indices all added to recent gains last week.
Read MoreIncreasing number of people traveling
BIG TSA checkpoint travel number yesterday at 831,789 passing through checkpoints (down 68% Y/Y). According to the TSA website there continues to be a very noticeable trend higher that reinforces…
Read MorePretty quiet Monday morning despite D.C.
The market looks to open with an economically sensitive “risk-on” feel as seen in the Russell 2000 and S&P 500 (SPX) futures outperforming the Nasdaq 100 futures. Over the weekend,…
Read MoreAugust Macro Slide Deck
The backdrop for equities can appear scary. The S&P 500 (SPX) is bumping up against an all-time high due in large part to just a few “stay at home” beneficiaries…
Read More