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...
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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...
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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...
329 Views