It may stall, but the power is certainly on- summary
Although we expect a stall, the power is certainly on.
Read MoreMonday tactical indicators update
The S&P 500 Index (SPX) hit its fourth consecutive record weekly close, with a 1.37% gain last week. The new high in the SPX drove all four of our…
Read MoreIt may stall, but the power is certainly on
In Power-on Stall last week, we suggested taking some profits given the overbought tactical condition and high level of investor/CFO optimism. In that note we highlighted that in aviation…
Read MoreEarly Monday look
S&P equity futures remain below Friday's close, amidst mostly higher markets in Europe and Asia overnight.
Read MoreAnother record close for the SPX and DJIA
Once again, stocks went into the weekend on a positive note. The four major indices added to recent gains and closed near the highest levels of the day.
Read MoreEarly Q1 EPS look
The unofficial start to first-quarter earnings season was underway this week, with many of the largest U.S. banks reporting Q1 earnings.
Read MoreHousing starts highest in over 14 years
After a difficult February, housing starts had a sharp rebound in March, reflecting builders’ confidence that housing demand will remain robust.
Read More% of stocks above the moving averages
The 1.1% gain in the S&P 500 Index (SPX) yesterday pushed the percent of stocks trading above the 10 & 50-day moving averages higher. While the percent of stocks…
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