Yield Surge Tests Equities; Downgrading Discretionary
We are downgrading Consumer Discretionary to market weight as retail breakdowns and continued weakness in homebuilders and major autos has led to...
302 Views
Global ETF Synopsis: Downgrading U.S. Financials & Consumer Discretionary
Equal-weight cyclicals (RCD) vs. staples (RHS) ratio is at support and is vulnerable to a breakdown. We also provide updates and reiterate our...
352 Views
Week Ahead in Global Macro: China RRReopens, US Inflation - Post-Mortem on UST Sell-Off, Eye on JPY
Our guide to this week’s global macro risk events and trading opportunities. This week in trade ideas: The US Treasury curve can steepen a bit...
330 Views
U.S. Equity Strategy: Shifting to Large-Cap Overweight, Energy Improving
The S&P 500’s steady uptrend remains intact. The large-cap (S&P 500) vs. small-cap (S&P 600) ratio is breaking out to multi-month...
293 Views
S&P Macro Peak in Sight on Projection, Support and Rotation Synergy
Toning down our macro bull view made in early 2016 as breadth, rotation and projection synergy turn risk to reward less favorable and will turn...
309 Views