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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
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David Rosenberg
@EconguyRosie
·
58m
Bonds still having more fun! YTD, the total return in US equities is 6.7% but 13% for the 10-Yr. The TR in the 30-Yr is 25%.
David Rosenberg
@EconguyRosie
·
2h
BofA survey shows equity sentiment back to where it was in February. Doh!
David Rosenberg
@EconguyRosie
·
17h
HD and WMT beat their numbers and both stocks closed the day lower. Sign of all the good news priced in. WMT none too bullish on back-to-school season.
THE SHORTEST BEAR MARKET IN HISTORY.
Yesterday, SPX ATH
Measured from the previous record high on Feb. 19 to its trough on March 23, the pandemic-induced bear market lasted a mere 33 days, compared to the median age of 302 days of 20 bear markets going back to the 1920s. https://www.reuters.com/article/us-usa- ... SKCN25E2R9
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
The volume is like holiday volume, many trading platform were having problem or slow down last two days, today is better, wonder if no volume causing the glitch?
My comments are for entertainment/educational purpose only. NOT a trade advice.
I am a strong believer that the dollar will not crash and will remain as the world reserve currency.
No inflation sign per Macro economist. not where we are in a zero rate environment.
My comments are for entertainment/educational purpose only. NOT a trade advice.