The Fed is raising rates in hopes of taming inflation by reducing demand. When the Fed eventually reverses course and begins to lower rates, it will be accompanied by a weak economy (probably a...
Below is a chart of the S&P 500 in the upper panel and the MACD (momentum indicator) in the lower panel. Here are my takeaways.
Momentum has turned positive.
The S&P 500 Index has advanced strongly...
The market drop over the last two days was significant, and I now view short-term risk as elevated. The S&P 500 index has fallen below the uptrend line and is now below its 200-day moving...
In our last market update, I wrote about how market technicals were improving. That improvement has continued, and the market is displaying strength that we have not seen in over a year. Here is a...
The stock market could be entering a period of short-term strength within a longer-term downtrend.
Below is a chart of the S&P 500 ETF (SPY) in the top panel and the MACD ( a momentum indicator) in...