Chicago NFCI Sub-indices continue to agree with Brian Reynolds credit boom analysis
Brian Reynolds, in his column below, highlights how the corporate debt new issuance has not only thawed, but has thawed aggressively.
Read MoreDay ahead, Tuesday January 15th
Following a Monday which saw the market’s rally stall following the 11% reflex rally off the Christmas Eve low, Tuesday will feature the first major economic data release of the…
Read MoreThe Economic Week Ahead, January 14th
With Monday trading underway and featuring the S&P rallying from early morning lows, this week features a major economic data release every day excluding today. Our stance, which we highlighted…
Read MoreEarly week market update
We are currently in tactical and fundamental no-man’s land. Tactical backdrop: Market reached intermediate-term oversold enough in non-recession crash to suggest the 12/24 low should be “the” low History…
Read MoreSmall and mid-cap stocks taking an early lead in 2019
After poor performance in 2018, small and mid-cap stocks have been outperforming larger-cap stocks so far in the first two weeks of January.
Read MoreThe Day Ahead, Friday January 11th
With the S&P up over 2% so far this week, we have begun to see our reflex rally play out as the market is now up over 10% since bottoming…
Read MoreFed Chair reinforces “patience”
Today, in an interview at the Economic Club of Washington, the Federal Reserve Chair Powell said the Fed would be “patient” in how they want to raise rates going forward. …
Read MoreFed Chair reinforces “patience”
Today, in an interview at the Economic Club of Washington, the Federal Reserve Chair Powell said the Fed would be “patient” in how they want to raise rates going forward. …
Read MoreMACD signal reinforces retest
The current 9.7% reflex rally in the S&P 500 (SPX) off the December crash low may be setting the stage for a retest as highlighted in our January Picture Book…
Read MoreModest increase in bullish sentiment
Last week we saw the percent of bearish newsletter writers rise above bullish newsletter writers for the first time in almost three years. The report out today from Investors Intelligence…
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