From the desk of Steve Strazza @Sstrazza and Louis Sykes @Haumicharts
At the beginning of each week, we publish performance tables for a variety of different asset classes and categories along with commentary on each.
Looking at the past helps put the future into context. In this post, we review the relative strength trends at play and preview some of the things we’re watching in order to profit in the weeks and months ahead.
Like we discussed last week, Equity Markets are becoming more of a mixed bag. This week, we’ll expand on this theme.
Prices continue to flirt with the risk levels we’ve outlined for various assets in recent weeks. We still believe the weight of the evidence is in favor of the bulls, but with so many assets at inflection points, we’re paying close attention to every new day’s data as it comes in. [Read more…]