Summary: The S&P 500 and Nasdaq hurdled over their 200-Day Moving Averages, reclaiming positive territory on the year, blacked by strong internals and improving economic sentiment. Moody’s downgraded the U.S. credit rating on …
Summary: Markets took a pause around their major moving averages as they digest the longer-term impact of the tariff policies. Market internals continued to improve from the volatile April price action, though losing …
Summary: Markets have continued to strengthen off of their extremes and have started to reclaim important pre-liberation day levels, though volatility remains elevated and we are reaching some short-term overbought conditions. The 200-Day …
Summary: Longer term, markets remain underpressure in bear phases with extremely high volatility, though we have had a good bounce off the lows and market internals are confirming the recent move. We expect …
Summary: After a flurry of activity over the last few weeks, markets paused on a holiday-shortened week, off their weakest levels, but still significantly off their recent highs and processing the potential effects …
Summary: The indexes continue to be news driven, reflected in the fear index (VIX) and Gold. On a technical basis, the move on Wednesday with record volumes shows a potential short-term bottom. Overall, …
Summary: Markets sold off hard as they processed the new round of tariffs and potential retaliation, spiking volatility to the highest in five years and hitting extreme oversold levels in equities. Mean reversion …
Summary: Markets sold off Friday, erasing its earlier gains on the week. They are at a critical juncture where if they can hold the March 13th lows, we could resume a bounce, though …
Summary: Seasonal patterns and market internals offer hope that the short-term bounce will materialize into stronger market action. However, markets need to get back over their 200-Day Moving Average or see the trend …
Summary: While Friday’s action was encouraging for a nascent market turnaround, we need to see further confirmation, like the Nasdaq and S&P regaining their 200-Day moving averages. Value stocks continue to outperform and …