Summary – Discounting a recession? Indicators say not yet
We would like to offer the summary of today's macro post - Discounting a recession? Indicators say not yet...
Read MoreDiscounting a recession? Indicators say not yet
The release of the most recent Bank of America Fund Survey showed the most pessimism among fund managers since the pandemic in May 2020, Great Financial Crisis in October…
Read MoreEarly Wednesday look
S&P equity futures are trading below Tuesday's close, amidst European equities turning lower and a positive close in Asia overnight.
Read MoreStocks rip higher
Today's broad-based rally in stocks drove all four benchmark indices back above their 50-day moving averages.
Read More% of stocks above the moving averages
The percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages were lower with yesterday’s 0.84% decline in the SPX.
Read MoreEarly Tuesday look
S&P equity futures are trading above Monday's close, amidst a mostly positive session in Europe and a mixed Asia overnight.
Read MoreHomebuilder confidence down for the seventh straight month
Homebuilder sentiment continued to decline in July, falling to the lowest level since May 2020.
Read MoreNuttin’ changed and summary of view
We are not the media – we don’t need to make a big story out of an unchanged situation. Our four key tactical indicators are almost EXACTLY the same…
Read MoreMonday tactical indicators update
It was a volatile week, with the S&P 500 Index closing lower every day but Friday.
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