The lack of broad-based buying is unusual when indexes are rising this much. The last time the S&P 500 rallied 2% or more while at least 30% of its constituents traded lower was Nov. 4, 2020, the day after the 2020 presidential vote. In the current scenario, rate-sensitive stocks, like real estate, could struggle, while… Read more »
A Resilient Economy & Strong Earnings are Overpowering Normal Election Worries “You don’t want the bond vigilantes to control the market,” MAPsignals chief investment strategist, Alec Young, said in a interview with Bob Pisani – CNBC, “Much of the rally is based on reasonably low rates, if that gets out of control, it’s going to… Read more »
Savor this moment. Markets don’t get much better than this. Add up Fed easing, low inflation, steady growth, rising earnings and plump profit margins, and you’ve got the recipe for the big-time gains we’re seeing. But with the S&P 500 up a crowd-stunning 38% in the past year, our data-focused stance suggests investors use caution… Read more »
U.S. Added 12,000 Jobs in Oct. vs. 100,000 Estimates Alec Young, our chief investment strategist, talks with BNN Bloomberg about U.S. adding only 12,000 jobs during the month of October. Read more »
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Want to divide a room? Ask a group who they’re voting for. Want to inform a room? Arm the crowd with an election volatility risk playbook. 2 data-driven reasons suggest election volatility risk could be coming for your portfolio. There are a lot of cross currents garnering investor attention right now: inflation risks, earnings, wars,… Read more »
Equities saw their worst daily pullback in weeks. Our Big Money Index signals pullback ahead. Yesterday was a reminder that volatility can strike out of nowhere. The S&P 500 declined .92%. Even more jarring, the NASDAQ 100 fell 1.55%, its single worst performance in 6 weeks. This pullback came just as the Big Money Index… Read more »