Investors remain skeptical about new highs
The Association of Individual Investors (AAII) reported sentiment was basically unchanged in the latest poll.
Read MoreUneventful Wednesday
Today was a relatively uneventful day, that saw some morning upside turn slightly negative with the S&P 500 (SPX) finishing down 0.12%. The offensive sectors led today, with Energy…
Read MoreBullish sentiment rises for the third week
Last week’s rise to a new S&P 500 (SPX) high, is leading to increased optimism among newsletter writers.
Read MoreMarket Weakness on Disappointment over Trade and Rates
Today’s S&P 500 (SPX) drop of 0.95% came from perceived negative news on two fronts.
Read MoreConsumer Confidence plays into the Fed
The S&P 500 (SPX) is down 0.45% as the market is reacting to a sharper than anticipated drop in the Conference Board's Consumer Confidence Index. As noted in our…
Read MoreA quiet start to the week
It was a relative quiet start to the week, with the S&P 500 Index (SPX) trading within a tight 10-point range.
Read MoreFour favorite tactical indicators update
The major market indexes all tacked on gains for the third consecutive week. The 2.2% gain for the S&P 500 (SPX) last week, pushed the index to a new…
Read MoreRolling Forward to 2020
With 6 months left in the year, we have rolled forward our focus into our 2020 target of 3350. We would expect a little more volatility around coming economic…
Read MoreRate Cuts Expected for July
After the Fed language yesterday which convinced markets that an imminent rate cut for July will happen, the S&P 500 (SPX) pushed ahead 0.03%. The futures markets currently have…
Read MoreMarket performance on Fed days
With the Fed policy statement due out at 2pm, we thought we would take a look at the historical market performance on the days of the FOMC announcement.
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