After 2 Weeks Of Indecision, Bulls Defend Trendline Support From Last Oct On S&P 500

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Equity bears came up short last week, unable to take benefit of an opportunity to put the bulls on the defensive. Momentum remains with the bulls. With the S&P 500 having already rallied 28 percent from last October’s low, several … Continued

S&P 500 Posts New High, More Gains Likely Near Term; Mid- To Long-Term, Up To If Recent +VE Trends In Margin Debt And Flows Continue

posted in: Credit, Equities, Technicals | 0

The S&P 500 last week joined its peers to break out to new highs. More gains are likely in the near term. Mid-to long-term prospects are dependent on if the recent improvement seen in margin debt and equity flows persists. … Continued