A Sticking  Point

A Sticking

Take-Aways: After giving “risk-on vibes” last week, many of the key themes that we track continued higher until meeting either moving average or price-based resistance.  Breaking above these levels is now key for bulls to have confidence that equities can rally into...
We Are Seeing More

We Are Seeing

Take-Aways: Last week we noted that we needed to see more from our breadth metrics to have confidence that the S&P 500 could break and hold above 3,900. Thus far, the market has delivered, and the door is now open to a run toward the 4,100-4,200 zone for the...
Leaders  Keep Leading

Keep Leading

Take-Aways: On an absolute basis, sector trends have improved across the market. On a relative basis, the leaders that we have been highlighting for the past few weeks have maintained their positions. Energy, Health Care, Industrials, and Financials are the focus....