From a weekly technical perspective, despite the market ‘s decline, It’s premature to call a trend reversal. Lows are still higher than previous lows. Right now the market is…
The narrative driving this market consistently remains hope for additional stimulus aid passed by Congress and optimism that a viable vaccine treatment is imminent by year-end or early next year. Progress for both has been…
The SP-500 delivered another breakout performance as the Nasdaq-100 took a much needed rest. However, both indexes displayed…
The SP-500 broke above a key-resistance level and made a new 30-day high while the Nasdaq-100 is close to retesting its all-time high. Also distinguishing themselves were the…
Hype is so passé and the investment strategy du jour is “hope”. It is what has been driving this market instead of anything remotely close to quantifiably certain…
Investor sentiment toward risk is definitely shifting. Although mixed economic data was skewed towards “better than expected”, it hardly mattered. This itself is noteworthy as…
To all my readers or new visitors: Many of you may remember reading my View From The Hill letters from…