Tactical no-man’s land ahead of Fed speak
The market rally over the past two days has been almost as dramatic as the 3% drop that preceded it, and neither may be “signaling” anything regarding direction. We…
Read MoreThe market rally over the past two days has been almost as dramatic as the 3% drop that preceded it, and neither may be “signaling” anything regarding direction. We…
Read MoreAfter the third straight negative week, the S&P 500 (SPX) has started Monday looking for a rebound, up over 1% on the open. Keep an eye out Friday as…
Read MoreThe University of Michigan Consumer Sentiment Survey was released at 10am and it showed the three components of sentiment all moved lower.
Read MoreThe equity market is getting closer to where we would like to get more offensive following the expected correction. We believe one more push lower would likely cause all…
Read MoreIn our view, the market is still in the corrective process that should set the stage for the next intermediate-term leg higher as the Fed gets more aggressive in…
Read MoreAfter a volatile week in the market we are keeping an eye out for this week’s economic data. The upcoming week will feature a number of significant economic data…
Read MoreThe Bureau of Labor Statistics (BLS) reported that the producer prices continued to show a lack of inflation.
Read MoreRamp in bearishness a great signal when to add exposure. The American Association of Individual Investors (AAII) reported bearish sentiment among individual investors jumped to 48.2% from 24.06% in…
Read MoreChina brought a whole new level of angst in the trade war by devaluing its currency following President Donald Trump’s announcement of increased tariffs last week.
Read MoreFollowing a rate cut last week which acted as an insurance for a potential further decline in economic activity as well as an effort to bring inflation up to…
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