Tactical indicators update
We continue to believe the market is in the process of a minor correction based on our four key tactical indicators being in overbought/optimistic territory.
Read MoreStill in “breather” mode
First, I would like to wish all of you a happy Passover and Easter weekend.
Read MoreStill in “breather” mode
First, I would like to wish all of you a happy Passover and Easter weekend.
Read MoreThat was quick
Last week, we noted the technical breakdown in the S&P Health Care Sector, which suggested the sector would likely continue to trade lower with a price objective at 1,000…
Read MoreBullish sentiment makes a new high for 2019
The grind higher in the S&P 500 Index (SPX) has emboldened the bulls as bullish sentiment has risen to the highest level since the second week of October.…
Read MoreComplacency “brain cramp”
A great sign the market is ready to have a pause in the upside is when someone like me puts out a post like “Taking a breather in adventure.” …
Read MoreLet’s keep it simple
The combination of good earnings from the Financial sector, further progress on trade negotiations, and some better data helped bring the S&P 500 (SPX) to within 1% of…
Read MoreBanks and Tanks
The market looks to open strong this morning on the back of better than expected bank earnings and credit data out of China. As we highlighted in our “Bullish…
Read MoreBreakdown in Health Care
Last month we highlighted the poor relative strength performance of the S&P Health Care Sector this year.
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