2.1% GDP growth in the third quarter
The third and final print for third quarter Gross Domestic Product (GDP) showed the economy expanded at a moderate pace.
Read MoreWhat would get us more aggressive?
Today we highlight why we use two of our four key tactical indicators to identify close proximity to at least a temporary near-term low. As always you can find the…
Read MoreHousing suggests lower rates working
Every bull market has minor corrections like the 7% one in May and 6% in August, but a real 15-20% drop over the course of the past ten years has…
Read MoreHomebuilder sentiment surged in December
The National Association of Homebuilders (NAHB) reported sentiment among U.S. builders jumped in December, surpassing the current cycle high set in December 2017.
Read MoreMonday tactical indicators update
The S&P 500 Index (SPX) had another positive week and gained +0.73%, to close at a new all-time high on Friday. The SPX his risen in 9 out of the…
Read MoreRetail sales below estimates
The advance retail sales data was up but below what was expected in November.
Read MoreOECD reinforces global inflection view – Slide deck chart update
What a difference a year makes. It was at the December FOMC meeting a year ago the Fed raised rates despite clear evidence they should have cut rates, and the…
Read MoreDecember Macro Slide Deck- Raising 2020 SPX Target
We are raising our 2020 S&P 500 (SPX) target from 3,350 to 3,440.
Read MoreNo fundamental issues here
Although we continue to believe the equity market is a bit ahead of itself and poised for a potential interruption to the upside, we still cannot find any issues with…
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