Bulls rise in the latest survey
The new highs in the S&P 500 (SPX) last week turned newsletter writers more bullish.
Read MoreThe DJIA is going nowhere fast
It has been an unusually tight trading range for the Dow Jones Industrial Average (DJIA) recently.
Read MoreCalm before the winds
There is very little movement and liquidity in the market as we wait for key economic data, the Fed announcement Wednesday, and further clarity on Chinese trade negotiations.
Read MoreUS equities down slightly ahead of busy macro week
US equities traded mostly lower on an uneventful Monday, preceding a busy week of macro data and earnings. The S&P 500 (SPX) finished down just -0.16% after rising more…
Read MoreA major shift in Fed thinking
Today’s note may very well be one of the most important in my career.
Read MoreSummertime Friday brain cramp
There really wasn’t anything this week that would change our view the market is likely in the process of a near-term correction that should provide for a better entry…
Read MoreUS equities lower on less upbeat Q2 earnings results
The four major indices in Figure 1 all traded lower today with the S&P 500 (SPX) down -0.53%. The attention today was on slightly disappointing earnings as well as…
Read MoreECB leaves rates unchanged, states a significant degree of monetary stimulus is necessary
At the ECB Press Conference today, the Governing Council decided to keep key ECB interest rates unchanged, but have taken a strong dovish pivot in terms of guidance. They…
Read MoreIndividuals turn more bearish than bullish
Bearish individual investor sentiment rose back above bullish sentiment in the latest poll.
Read MoreBulls retreat in the latest survey
Bullish newsletter writer sentiment declined after six weeks of gains.
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