Less than one quarter of investors are bullish
The Association of Individual Investors (AAII) reported bullish sentiment among individual investors declined for the second week, falling 5 points to 24.71%, in the latest survey.
Read MoreEnergy stocks take a beating today
The S&P 500 Energy sector is the worst performing sector today, down 3.2%.
Read MoreRandom gap stat
The S&P 500 Index (SPX) opened much weaker this morning, down 19 points (-0.69%), to 2,836. This is the largest opening gap since 5/13. It seemed to us that…
Read MoreFed minutes provide little support for stocks
Equity futures are trading in the red this morning. As of 7:30am S&P futures were trading down 24 points, which suggests the S&P 500 Index (SPX), will likely gap…
Read More% bulls drop below 50
Recent market volatility continues reduce some of the optimism in the market.
Read MoreUtilities testing breakout
While the S&P Utilities sector has been a laggard this year, it is quietly making a new all-time high today.
Read MoreTrade war concerns continue to weigh heavy on investors’ minds
Technology stocks dragged the market lower today as several U.S. companies announced compliance with Trump administrations restriction to supply hardware to a major Chinese provider of networking gear.…
Read MoreTactical indicators update
All four intermediate-term indicators continue to work off overbought levels. Equity futures are starting off the week on a negative note. Following two weekly declines for the S&P 500…
Read MoreQ1 EPS reports winding down
With just 40 companies in the S&P 500 Index (SPX) left to report Q1 earnings, we wanted to updated the current SPX operating earnings estimates (Source: I/B/E/S data from…
Read MoreRetail investors do an about face
Not surprisingly, the recent market volatility has led to fewer individual investors bullish on the market.
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