by Dan Russo, CMT | Jun 21, 2021 | Research
Key Points Stocks Pull Back from Record Levels The NASDAQ is a Bright Spot with Reflation Assets Under Pressure Notable Strength at the Long End of the Treasury Curve Commodities Pull Back; Energy Holds Up the Best Will the Dollar Reverse its Bearish Trend? U.S....
by Dan Russo, CMT | Jun 18, 2021 | Research
Key Points The Credit Market is Not Sending Up a Red Flag High Beta vs. Low Volatility Tests the 50-Day Moving Average No Breakdown in the Discretionary/Staples Ratio Copper and Lumber Reach Important Support vs. Gold Growth Nears Resistance Relative to Value Chart in...
by Dan Russo, CMT | Jun 17, 2021 | Research
Key Points Equal Weighted S&P 500 is Losing Momentum vs Cap Weighted Increasing New Lows on the NYSE S&P 500 Breadth Shows Further Signs of Weakening Small Cap Breadth is Holding Up Better Breadth Trends Did Not Confirm Recent Index Highs Chart in Focus: In...
by Dan Russo, CMT | Jun 16, 2021 | Research
Key Point More Signs of Strength in the Energy Patch Stocks in the U.S. Trade Near Record Highs Ten-Year Note and Gold are at Key Support Levels Copper Breaking Down? Sentiment is Not Providing Much Information Chart in Focus We have written a lot about strength in...
by Dan Russo, CMT | Jun 15, 2021 | Research
Key Points Airlines Begin to Lose Altitude Just as Travel Returns “Reflation” Sectors Test Their 50-Day Moving Averages, Relative Pressure Builds Technology Continues to Improve Communication Services is on the Verge of a Relative Breakout Real Estate’s Trends are...
by Dan Russo, CMT | Jun 14, 2021 | Research
Key Points A Record Weekly Close for the S&P 500 Small Caps Reach Record Levels Then Fade The NASDAQ Composite Index Continues to Improve Yields Break Down at the Long End of the Curve Commodities Remain Strong Led by Energy U.S. Equities The S&P 500 closed...
