Economic recovery sector perception vs. reality
The rise in the long-term U.S. Treasury Yield over the past two months that caused the 2-10 year U.S. Treasury Yield Curve to steepen to over 100 basis-points has…
Read More% of stocks above the moving averages
There was little change in the percentage of S&P 500 stocks trading above the 10 & 50-day moving averages yesterday. Here are the closing levels:
Read MoreHump Day early look
S&P equity futures are above Tuesday's close, amidst a mostly positive session in Europe and Asian shares ending higher.
Read MoreSPX closed fractionally lower after hitting a new high
All four major indices hit new record highs again today.
Read MoreRandom breadth stats
We are seeing some very strong breadth reading in the Nasdaq Comp. (CCMP) and Russell 2000 Index (RTY). As of the close yesterday:
Read MoreSmall business confidence falls for the third month
The National Federation of Independent Businesses (NFIB) reported small business confidence moved lower in January.
Read More% of stocks above the moving averages
The percentage of S&P 500 stocks trading above the 10 & 50-day moving averages moved higher with yesterday’s rally. Monday’s closing levels are:
Read MoreTuesday takes…
S&P futures are trading slightly below Monday's close, amidst a lower session in Europe and a positive close in Asia overnight.
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