Investor sentiment has taken a hit in recent weeks but can continue lower in the right circumstances, although a pause is likely right here and now, helping stocks. Stocks took it on the nose in September. The S&P 500 tumbled … Continued
Stocks increasingly are beginning to price in a possible democratic sweep on November 3. Both small- and large-caps staged important technical breakouts last week. They are liking the prospect of more stimulus, that is rising budget deficit. If this scenario … Continued
It is increasingly getting difficult to discern if US markets are in risk-on or risk-off mode. There is a bid under the long end of the sovereign bond market. This in general is a risk-off behavior. Both the S&P 500 … Continued
The US dollar index is at an interesting juncture. The peak in January coincided with a 61.8-percent retracement of the 41.2–percent decline between July 2001 and April 2008. Right now, it has essentially gone sideways the past five weeks, unable … Continued