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? Last quarter, the bulls were challenged to put up or shut up. This week, they put up on price, but volume left room for doubt. It was a data and earnings-driven week, with the market moving mostly sideways on average volume until midweek. Then on Thursday, the bulls broke […]
Recent economic concerns have caused consumer sentiment to fall, though spending remains healthy. What do these mixed conditions mean for markets and the economy?
Put Up or Shut Up The bulls continued their advance, but conviction remains in question. Wednesday, April 22nd delivered a 92% upside S&P 500 Capital Weighted Volume day, though on low participation. The week closed stronger, with Friday posting 85%+ upside volume on high total volume, providing a more credible show of force yet shy […]