by Dan Russo, CMT | Jul 29, 2021 | Research
Key Points Pharmaceuticals are Showing Signs of Relative Improvement Breadth Metrics Continue to Diverge with Record Equity Levels Short-Term Measures are Slightly Better on the Week Small Caps Remain the Weakest New Chart this Week: NYSE 52-Week and Six-Month Highs...
by Dan Russo, CMT | Jul 28, 2021 | Research
Key Points Are Hotels, Restaurants, and Leisure Sending a Message? S&P 500 and NASDAQ 100 Snap Five-Day Winning Streaks Small Caps Continue to Lag in the Near-Term The 10-Year Note Finds Support at a Key Level Sentiment is NOT Bullish Chart in Focus With much...
by Dan Russo, CMT | Jul 27, 2021 | Research
Key Points Multiline Retail is a Standout in the Discretionary Sector All Eyes on Technology and Communication Services This Week Cyclical Sectors Try to Stabilize Defensive Groups Fade After a Bounce Attempt Last Week Real Estate Faces a Relative Test Chart in Focus...
by Dan Russo, CMT | Jul 26, 2021 | Research
Key Points Record Highs for the S&P 500 and NASDAQ Small Caps Remain in the Range & Continue to Lag The 10-Year Note Breaks Out Then Fades, Now Testing Support Commodities are Strong; Industrial Metals Hold Up Dollar Trades within a Wide Range U.S. Equities...
by Dan Russo, CMT | Jul 23, 2021 | Research
Key Points Watching for a False Breakdown in Spreads Low Volatility Over High Beta is a High Probability Path Bounce in Lumber/Gold but the Damage has Been Done Small Caps Continue to Weaken Growth vs Value is Taking Out the Next Resistance Level Chart in Focus: Was...
