European outperformance showing no signs of slowing

The near-term selloff in the bond market has persisted in recent days, and finally seems to be joined by some minor selling pressure in Equities.  While the larger two-week trading range will remain intact barring a break below SPX-4060, Thursday’s trading showed the first break of the recent triangle, which has the potential to bring about some minor selling into next week.

SPX violating 4060 should allow for a quick test of 4000, but should not ...

Finish reading this report for free

Enter your email and we'll send the paywall-free report directly to your inbox

Articles Read: 2/2

In addition to your unlocked report, you will receive our weekly market newsletter Fundstrat Snapshot, as well as occasional updates and offers from Fundstrat Direct. You can unsubscribe at any time.

Get unlimited access to Tom Lee's Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Events

Trending tickers in our research