Amidst Signs Of Excesses, 50-Day Once Again Defended On S&P 500; Fed Readies To Taper/Tighten

posted in: Economy, Equities, Technicals | 0

The 50-day on the S&P 500 was once again defended. Households’ equity exposure is on course for yet another high in 3Q, even as margin debt jumped to yet another record in August. Amidst these signs of excesses, the Fed … Continued

Several Valuation Metrics On Way To Unwinding From Extended Levels?

posted in: Equities | 0

Last year, with the bull market in its seventh year, a June 19th post sought to find out where several valuation metrics stood.  The conclusion was that they were in uncharted territory.  With three more quarters of data since, a … Continued