The phrase “stock picker’s market” is often presented as a known fact rather than the platitude that it simply is. Many active managers will frequently cite that the market environment is conducive to picking stocks, without citing much (if any) evidence other than...
Heightened volatility continues as the Consumer Staples sector oscillates around a long-term zone of support and resistance. Relative to the S&P 500, the group remains an outperformer. Long-term breadth received a positive boost in yesterday’s trading session, but...
Equal weighted indexes relative to their market cap (or float) weighted indexes are a common method of measuring the strength of the average stock relative to the index components that command a higher weighting. In other words, trends in these ratios can give an...
Communication Services have not gone down without a fight. The sector has recaptured the pre-COVID highs to the upside, although it hasn’t been enough for the trend to turn bullish just yet. Relative to the S&P 500, the group is showing early signs of improvement...
Price action in the major equity indexes saw many countertrend bounces and tests of resistance over the past week. However, until the 10-week moving averages and momentum can materially break out to the upside, the rallies have not provided enough evidence for a...
Despite strong upside performance in the major equity indices over the past week, it was not enough to bring any funds to our domestic or international major equities and factors fund lists. Commodity funds begin to falter as the percentage of funds maintaining ground...
