US equities traded incrementally higher into record territory last week despite some weakness from recent leaders. Of particular importance for investors is last week’s positive price action, underscored by healthy […]
US equity futures trade higher in the overnight. Last Friday was a significant day for markets for obvious reasons (a monthly gain of +312K in the employment report), but also […]
The final FOMC meeting of 2018 takes place this week with investors looking for visibility into what monetary policy will look like in coming quarters. Perversely, equity markets are in […]
My stubborn insistence, outlined in this note over the past month, that U.S. equity markets would ultimately stabilize and snap back from the most recent downtrend in the near term […]
We head into our Labor Day-shortened trading week with constructive economic tailwinds at our backs and a busy Washington D.C.-centric political calendar ahead of us. Among the economic data releases […]
As I wrote in mid-July, I expected the 2,800 level on the S&P 500 to act as support for the market, and it has despite being tested on several occasions […]
Q1 earnings last week provided a much-needed counterbalance to the recent months-long move lower in equity prices. The results posted by large-cap technology shares–Amazon, and Facebook, in particular–offered significant relief […]
Last week equity markets moved decidedly in two directions. At the outset of the week, equity markets stepped smartly higher, and in the process helped to temporarily allay fears that […]
As I indicated in the conclusion of last week’s note, equity markets were vulnerable to further weakness – based primarily on February’s selloff and on the technical setup provided in […]
Last week’s note, sent to subscribers on Monday morning, was apparently quite aptly titled: US Equities Are Not Out of The Woods Yet. After posting a robust rally of 399 Dow […]