Recent economic concerns have caused consumer sentiment to fall, though spending remains healthy. What do these mixed conditions mean for markets and the economy?
Ceasefire Rally, Capital Retreat Oil sank and stocks surged as discussions of an extended ceasefire in Iran raised hopes that the fog of war may begin to lift. On the surface, the equity battlefield responded with relief. Most of our units gapped higher on the week and closed at all-time weekly highs. Yet beneath the […]
Recent economic concerns have caused consumer sentiment to fall, though spending remains healthy. What do these mixed conditions mean for markets and the economy?
Sell in May & Go Away? The “put up or shut up” campaign continued this week, and once again the bulls managed to advance the field. Yet the victory was uneven. Price pressed higher, broader units joined the march, and several formations moved into or near all-time high territory. However, volume and breadth still have […]