Feeding the Market Fire In a sharp turnaround from two months ago, U.S. stocks have been on an absolute tear, with the S&P 500 reaching numerous record highs in recent weeks. Fears that the benchmark would fall below 6,000 have evaporated and now sell-side research firms are rushing to issue year-end targets of 8,000 or…Read more
Wind at Some Backs Even though the S&P 500 crossed over 7,500 for the first time on May 14, only 55% of stocks were above their 200-day moving averages. In other words, the index has ripped higher since its recent low at the end of March, but once again, the gains are concentrated in a…Read more
The first-quarter earnings season is winding down, but they say you should always save the best for last. Or, at the very least, the most highly anticipated. At a Glance Part of an investor’s job is to try and balance the scales of bearishness and bullishness. On the bearish side, there is the spike in…Read more
