Recent economic concerns have caused consumer sentiment to fall, though spending remains healthy. What do these mixed conditions mean for markets and the economy?
Distribution Under Fire The market entered the week with the bulls still holding elevated ground, but by Friday the field report had changed meaningfully. Under the shadow of the Iran war, distribution intensified, capital outflows surged, and several key formations retreated toward important defensive lines. Weekly Capital Weighted Volume finished above average, with daily volume […]
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 […]