After hitting a record high yesterday, SPX ends flat for the week
Stocks ended the week on a sour note, with the four major indices having their worst performance of the week.
Read MoreMid-Q1 EPS update
It was a busy week for earnings, with 180 S&P 500 companies having reported EPS over the course of the week.
Read MoreTaking a deeper dive into a key tactical indicator
Today I wanted to discuss why we use the percentage of stocks in the S&P 500 (SPX) that are above their 10 and 50-day moving averages, respectively, where they…
Read MorePersonal income surged in March
The Commerce Department reported U.S. household incomes surged by the most on record thanks to the additional stimulus measures.
Read More% of stocks above the moving averages
Yesterday’s 0.68% gain in the S&P 500 Index (SPX) pushed more stocks above their 10-day moving averages, but fewer stocks were trading above their 50-day moving averages. Below are…
Read MoreTGIF early look
S&P futures are trading well below Thursday's close, amidst a negative session in Europe and in Asia overnight.
Read MoreFresh records for the S&P 500 and Nasdaq
Stocks roared higher out of the gate, with the S&P 500 Index (SPX) gapping up over 0.50%, the strongest open in over seven weeks.
Read MoreObservations on historic backdrop- summary
As we entered 2021, investors were hoping for a significant increase in fiscal stimulus and broad Covid-19 vaccinations to match the massive monetary stimulus already in play.
Read MoreObservations on historic backdrop
It is hard to imagine that fiscal policy, monetary policy, and expectations for economic and earnings could get more optimistic than what took place yesterday. We would like to…
Read MoreBullish sentiment declined for the third week
Bullish retail investor sentiment had a steep drop in the latest poll.
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