January is in the books, and U.S. financial markets have kicked the bears into hibernation. With such an eventful week on Wall Street where, the Feds, Bank of England, and European Central Bank all but raised rates with the backdrop that inflation has peaked and is subsiding. The stock market has co...
Since coming out of 2023, markets have been rallying higher into the new year with more than +4.0% gains for the S&P 500. And after hitting resistance near the 4000 region, markets are consolidating after a strong rally. As we made note from our last blog on 1/7/23, we stated the following:
"The ke...
Though not a substantial rally, the Santa Claus rally did produce this year. With the last five trading days for 2022 and the first five for 2023, the S&P 500 rose above 2022's close at ~3839. That is remarkable considering the current pessimism in the market and the many financial pundits calling f...
In 2022, persistent inflation has been the key driver for the drawdown in the U.S. financial markets. While the 2020 short-lived bear market resulted from the COVID-19 outbreak, the current market drawdown has been primarily driven by the Fed's strategy in fighting inflation. In their attempt to sub...
For the past few weeks, the bears and bulls have been fighting it right near the 3998 resistance area. The bears have been firmly in control for most of the year with any upside movement from the bulls being short-lived. The bears now are simply in hibernation. As we left discussion in our last b...
Something interesting happened in the bond markets this week.
There is a well-known mantra in wall street that states "Don't fight the Feds." Every hawkish policy decision the Fed has deployed this year has seen rates go higher while long-duration bonds move lower. This week, the bond market calle...
After months of declining numbers, the market showed signs of positivity over the last two weeks. Are we set to see a new bull rally? Let’s set the stage.
A new rally has been underway for the past two weeks with all major market indices posting positive weekly gains. The S&P 500 showed two consecu...
By now, we know about the drastic shift in the market. But are we on the precipice of another change, but this time going back up?
A little backstory. With its all-time high set in early January of 2022, the S&P 500 has fallen considerably on the year - 33% as of September 30, to be exact. Inflatio...
As it now sits, this bear market has cleared out all the gains from 2021. And this Friday, all major indices tested their June lows with a small bounce going into the close. The financial markets have been on the downside for most of the year with recent rallies lasting just a day and then selling...
By mid-August, most U.S equity indices were looking at +4% gains or more. SPY was up +4.1% and investor sentiment was looking at turning greedy for the first time in months. However, as stated in our last blog on 8/27/2022, we said "With our algorithms issuing a weekly sell signal on the major ind...
