When is Overbought Bullish?
What more can we say about the amazing rebound of the stock market since December 24? For the first time since 1997, the S&P 500 Index is up more than 10% for the year through this point in February. Of course, it was the worst December for stocks since the Great Depression—making a larger bounce possible—but the rebound over the past two months has been historic.READ MORE
More Good News
As this week’s Weekly Market Commentary suggested, over the near term equities appear quite stretched, but all we continue to think the bull market has plenty of life left. Today, we’ll take a look at market breadth—one of our favorite technical indicators—to explore whether it may be pointing to better times ahead for equities.READ MORE
Changing Our 10-Year Yield Forecast
Economic growth could be lower than we initially expected this year, which could weigh on long-term rates.READ MORE
Should Investors Love a Great Start to 2019?
Happy Valentine’s Day everyone! With the S&P 500 Index up 9.8% for the year as of yesterday, this is its best start up to this point since 1991. So should investors love to see this much green this early in the year, or should they be leery they might be heartbroken down the road?READ MORE