18 Nov 2024

Russell 2000 Retreats After Coming Ever So Close To Nov ’21 Record; S&P 600 Operating Earnings Now On Track To Decline This Year

by | posted in: Credit, Economy, Equities, Technicals | 0

The Russell 2000 just made a three-year round trip but fell slightly short of posting a new high. The economy continues to perform well – a plus – but long rates have diverged with short rates, which cannot be a … Continued

5 Jul 2016

4-Session, 5-Percent Rally On S&P 500 Bodes Well, Will History Repeat Itself?

by | posted in: Credit, Economy, Equities, Technicals | 0

As far as U.S. stocks were concerned, Brexit was just a bad dream.  A footnote, so to speak.  On the S&P 500 large cap index, the intra-day high of 2113.32 in the session before Brexit hit stands, but last Friday’s … Continued