Reversal in Equities, US Dollar, Treasury yields all important

Near-term and intermediate-term technical trends remain bullish for US Equities, and Monday’s rally gave some much-needed confidence that SPX should push back to new highs over the next week, given above-average breadth and a drop in both the US Dollar and US Treasury yields. While August has proven quite negative seasonally speaking in post-election years since 1950, I don’t suspect much of the weakness gets underway until the Aug...
Near-term and intermediate-term technical trends remain bullish for US Equities, and Monday’s rally gave some much-needed confidence that SPX should push back to new highs over the next week, given above-average breadth and a drop in both the US Dollar and US Treasury yields. While August has proven quite negative seasonally speaking in post-election years since 1950, I don’t suspect much of the weakness gets underway until the Aug...
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