Bullish sentiment lowest in a month
The American Association of Individual Investors (AAII) reported that less than one-quarter of retail investors are bullish on the market
Read More4 Key tactical indicators
That was fast! Thursday’s ramp brought our more sensitive tactical indicators back into neutral territory, although there was a meaningful drop in the NAAIM Exposure Index, which suggests a…
Read MoreTGIF early look
S&P equity futures are trading below Thursday's close amidst a mostly negative session in Europe and a mostly higher Asia overnight.
Read More1st Quarter GDP not as bad as it looks
According to my pal Chris Low, Chief Economist at FHN Financial, first quarter real GDP growth of 1.1% was weaker than the 1.9% consensus, itself weaker than the consensus…
Read More4 Key tactical indicators
Yesterday’s broad market weakness brought the percentage of S&P 500 (SPX) into the upper end of oversold territory. Here are Wednesday’s closing levels for all four:
Read MoreEarly Thursday look
S&P equity futures are trading well above Wednesday's close amidst mixed markets in Europe and Asian indices finishing higher overnight.
Read MoreMega-cap rally not enough to rescue the broader tape
A handful of mega-cap stocks drove the Nasdaq Comp. higher today, while the other benchmark indices closed lower.
Read MoreBank crisis playbook remains the same…
The focus of the markets is again on the Regional Bank risk.
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