As the S&P 500 chugs higher and higher, have you been monitoring the sector strength over the last month? Taking a deeper look into leading sectors paints a different picture.Broader markets have been quiet over the last few days and...
It’s no secret that the S&P 500 has been leaving all bears in the dust. How does the recent rate of change measure up to previous bull runs?After seeing many bull and bear markets over the years, I have never quite seen a slope of this...
It was a rather pedestrian FOMC Statement day on Wednesday. There is GDP data incoming, and the widely Fed-followed Core PCE Price Index data comes out on Friday. What can we take away from the FOMC Statement and press conference?Rates...
Markets are lower in afternoon trading in New York today. China fears have created uncertainty, and why we looked to short the Transports yesterday.It seems like rough markets have a way of originating in China.Thinking back to 2007, I...
Another day, another all-time large-cap equity index high, right? Today, let’s take a look at an ETF that could interest traders looking for a contrarian strategy.The bull market has continued, albeit with some warning signs beneath the...
Equities traded quietly higher in Thursday's NY session. Simultaneously, bonds were bid rather firmly, sending interest rates even lower. What is going on beneath the surface?Greetings. I hope this article finds you and yours well. Today,...
The repeating technical pattern in the large-cap index has repeated itself once again. How long can this phenomenon last, and what is different in the underlying market this time?Greetings. I hope this article finds you well and that you...
Last week’s excessive CPI print marked the top of the S&P 500 for the week. As the market continues to digest the data, where is the breaking point for inflation and interest rates?Did you watch Fed Chair Powell testify in front of the...
It is the start of earnings season for US equities, with major banks reporting this week. Let’s see how bank earnings pair up with the much anticipated CPI data on Tuesday morning.After last week’s sudden Thursday dip and subsequent...
It’s the week of the Independence Day Holiday, and that typically leads to lighter volume trade. There is little in the way of economic data this week, so let’s find some potential opportunities.Last week’s Non-Farm Payroll data was a...