Michigan sentiment showed some improvement from April
The University of Michigan Consumer Sentiment Survey was released at 10am.
Read MoreThe University of Michigan Consumer Sentiment Survey was released at 10am.
Read MoreThe S&P 500 Index (SPX) which had been trading up 1% just before 2:00pm began drifting lower on news that President Trump will be holding a press conference Friday to…
Read MoreThere was some confusion over our call to go back on offense via tactical rotation into Value, Banks, and Tanks on Tuesday. The main question was are we back on…
Read MoreAfter hitting a seven year high the first week of May, bearish sentiment has declined each week since.
Read MoreFor the eighth week, the number of people filing initial jobless claims declined.
Read More“Banks and tanks” helped the S&P 500 Index (SPX) close back above 3000, as well as the 200-day moving average for the first time since early March.
Read MoreThe relative rotation we wrote about early yesterday is playing out well so far. The rotation out of the work-from-home “Covid-19” areas in favor of the economically sensitive areas is…
Read MoreJust over half of newsletter writers are now bullish, according to Investors Intelligence.
Read MoreThe three-day weekend seemed to refresh investor optimism.
Read MoreI just had a conversation with the a Canaccord’s Institutional Salesman who realized what we have been talking about relative to the current Fed. They are more aggressive in how…
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