Amidst Corporate Buybacks And Margin Debt Dynamics, Equities Likely Headed Lower Toward This Month’s Must-Save Lows

posted in: Credit, Equities, Technicals | 0

Through 4Q24, buybacks continued to act as a tailwind, while margin debt fell in February from January’s fresh record. The latter in particular is at risk of continued downward pressure. At the end of the December quarter, US households’ equity … Continued

Bulls Unable To Break Past 3020s On S&P 500, Breakout Retest At 2940s Likely Near Term

posted in: Economy, Equities, Technicals | 0

The bull market is more than a decade old.  Several metrics are at/near record territory.  The energizer bunny keeps marching on.  In recent sessions, bulls have faced difficulty taking out 3020s and may need to defend breakout retest at 2940s. … Continued