Technically Improving, Yet Still Vulnerable

Technically Vulnerable? For this week’s segment of “Looking at the charts/quants”, we’ll lead with the most perfect of quant data that we have highlighted many a time in the past; it is the CNBC Market’s In Turmoil study by Charlie Bilello (see tweet below). I’m not a fan of the “total return” disclosure or qualifier…...

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The Reports Of The Economy Dying Are Greatly Exaggerated

Soooooo… feels like the market is running in place, right? Since hitting its initial 2023 high on February 2nd (4,195), the market had retraced all of the gains, rallied back within a few points of that initial high, consolidated for 4 straight days this past week and then rallied sharply on Friday. The S&P 500…...

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