Monday tactical indicators update
Last week’s consolidation in the S&P 500 Index (SPX), closer to the 3000 level, reduced some of the overbought conditions in our four favorite tactical indicators.
Read MoreLast week’s consolidation in the S&P 500 Index (SPX), closer to the 3000 level, reduced some of the overbought conditions in our four favorite tactical indicators.
Read MoreDial in and webex info will be posted in the Conference Call section of the site shortly.
Read MoreThe market is likely to remain in a period of consolidation marked by increased volatility (in both directions) as it (1) digests the historic gains off the COVID-19 low, (2)…
Read MoreIn this afternoon’s post, Tony highlighted the main drivers behind today’s weakness.
Read MoreThere are a few factors in play that are adding to the weakness today:
Read MoreAfter a record surge in April, Personal Income fell -4.2% in May.
Read MoreThe S&P 500 Index (SPX) spent most of the session swinging between gains and losses, until a rally in the last hour sent the index up 1.1%.
Read MoreBullish sentiment among AAII members declined for the third week, with an increase in bearish sentiment.
Read MoreThe number of people filing initial jobless claims continues to trend lower, but the decline was less than expected.
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