Market’s mixed messages
Last week’s S&P 500 Index (SPX) loss of 4.04%, its worst decline since the week ended June 17, created a near-term oversold reading in our two most sensitive tactical…
Read MoreVideo – Keeping an eye on employment
Investors temporarily thought the July CPI report caused a Fed pivot. Clearly, it was good news but the stock, bond, and currency markets have more than given back the…
Read MoreTest of low depends on Fed and recession
There is a historic level of momentum that shouldn’t be ignored with last week’s surge in the S&P 500 (SPX) causing:
Read MoreVideo – The fight continues…
In this brief video we discuss how this week’s market activity and FOMC minutes reinforce the fight has just begun. The market is fighting to go higher as the…
Read More% of stocks above the moving averages
The percentage of S&P 500 Index (SPX) stocks trading above the 10-day moving average backed off a little, while the percentage above the 50-day moving average gained just over…
Read MoreNot willing to pick a fight
Famed fund manager Marty Zweig used to always say “don’t fight the Fed” and “don’t fight the tape.”
Read MoreAugust Macro Slide Deck
The two most frequent questions we get are (1) "Is the economy in recession?" and (2) "Has the market made the low?"
Read MoreVideo – Summary thoughts of data and game plan
In this short video we talk about the economic backdrop and how the data is consistent with our expectations and game plan highlighted in The Fantastic Four suggest staying…
Read MoreVideo – Taking it one step at a time
In this short video we highlight how our strategy that included the summer rally is one step at a time, and how the yield curve and potential recession plays…
Read MoreThe fantastic four suggest staying out of the classroom
The negative second consecutive quarter real GDP report created a heated debate about the definition of recession, and while many refer to the textbook for the definition, we would…
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