Massive Fiscal Stimulus A Near-Term Game Changer but Long Term Trouble
The extraordinary size of the US fiscal stimulus (US$2 trillion, or a bit over 10% of GDP) is eye-popping. It shovels money to families earning...
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US Market Improvements as SPX Bull Wedge Gears Up for a Rally
The descending wedge in the SPX has a 70% probability of breaking higher and with noted bull divergence in yesterday's update those odds increase...
310 Views
Where We Are Buying the SPX
S&P 500 (SPX INDEX) has broken important long term trendline support and will act as ressitance in the touted April rally. We have been...
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S&P 500 Technical Appraisal and Support Levels
S&P 500 Potential Support Levels. Current logical support levels we are monitoring include the December 2018 low of 2,346 and prior resistance...
420 Views
Fed Fires Big Salvos, but US Equities Demand More Stimulus as the Onus Passes to Fiscal Policy
The Fed announced on 15 March a series of policy measures, including a zero percent bound federal funds rate and quantitative easing, aimed...
348 Views