Technically Unsuitable

The percentage of stocks in the S&P 500 that are in a technical uptrend? 40%. In other words, the majority of stocks are trending downward. Ditto for the Nasdaq Composite. The percentage of stocks in an uptrend is a paltry 35%. Equally telling, the market’s...

When Does the Fed Retreat?

The Federal Reserve is looking to navigate a path between fighting inflation and protecting markets. Granted, the central bank’s key mandates are to fight inflation and to bolster employment. For the entirety of the 21st century, however, the Fed has concentrated on...

Grumpy Consumers

Consumer sentiment is downright abysmal. It is as weak as it was during the 2008-2009 financial crisis and during the early 1980s recession(s). How downbeat are consumers? Data indicate that sentiment is 28% below an average reading. Consumer dissatisfaction is...

Caveat Emptor

The dividend yield for the S&P 500? About 1.3%. That’s about 65 basis points lower than the yield on a 10-year Treasury bond. The dividend yield is also nearing lows not seen since the stock market crash at the turn of the century. Some investors might be...

Damage Control

According to the data, the S&P 500’s correction in the the first 16 days of the year represented the worst start ever. And the final tally for January does not figure to be much better. Some are even beginning to call the price damage a “stealth...