April started with a bang and never looked back
April was good for the S&P 500 Index (SPX), with the index gaining 3.9%, this month and closing at a new all-time-high.
Read MoreHistorical May sector performance
Since 1990, the S&P 500 Index (SPX) has had an average gain of 1.09% in May and has been positive 21 out of the past 29 times. Consumer Staples,…
Read MoreThe elusive 2,940 is bested
The S&P 500 Index (SPX) set two new closing high last week, and came oh so close, but failed to surpass the intraday record high of 2,940 on…
Read MoreYield curve steepening is helping financials
The yield curve as measured by the difference between the 2-year U.S. Treasury note yield and the 10-year U.S. Treasury Bond (known as the 2-10 spread) is steepening…
Read MoreTactical indicators update
Despite last week’s 1.2% gain, which pushed the S&P 500 Index (SPX) to a new closing high (but not an intraday high) our four favored tactical indicators remained little…
Read MoreFewer retail investors bullish on the market
The Investors Intelligent report yesterday, showed that despite the recent market gains, there was a decline in the percent of newsletter writers that were bullish on the market.…
Read MoreTwo sectors are making new highs on an absolute and relative basis
The Consumer Discretionary and Information Technology sectors are setting new highs today in both price and relative performance (Figures 1& 2).
Read MoreLess bullishness in the latest Investors Intelligence poll
Investors Intelligence reported bullish newsletter writer bullish sentiment declined to 53.4% from 54.8% in the latest survey.
Read MoreNew closing highs for the S&P 500 & Nasdaq
Widespread gains in equities pushed indices to new highs today.
Read MoreU.S. Dollar strength pushing gold lower
The U.S. Dollar Index (DXY), is trading higher today (up 0.40%) and is trading at the highest level since June 2017. The dollar strength is pushing the price of…
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