Friday’s rally caps off the best month for the S&P 500 since November 2020
Stocks finished July on a high note.
Read MoreMid-Q2 EPS update
This past week was the season's busiest week for Q2 earnings, with 173 S&P 500 companies having reported EPS over the past five days.
Read MoreSlight improvement in Michigan sentiment
The final Michigan sentiment report for July showed a slight improvement from the initial estimate.
Read More% of stocks above the moving averages
The percent of S&P 500 Index (SPX) stocks trading above the 10-day moving average was little changed, while the percent above the 50-day moving average continued to climb higher…
Read MoreTGIF early look
S&P equity futures are trading well above prior close. Asian markets were mixed overnight despite the positive takeaways from the price action in the US. Greater China bourses lagged…
Read MoreVideo – Further qualifying summer rally
In this short video we review our summer rally signal and what it is now suggesting…
Read MoreBearish sentiment lower for the third week
Retail investors were less pessimistic about the equity market, with bearish sentiment slipping to the lowest level in eight weeks.
Read MoreQ2 GDP contracted 0.9%
Out this morning was the initial estimate of Gross Domestic Product (GDP), and it showed the economy contracted in the second quarter of 2022, meeting the standard technical definition…
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