Daily Report : TradingEdge Weekly for Jan 17 - Market tailwinds, spiky staples signals, yield surge
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TradingEdge Weekly for Jan 17 - Market tailwinds, spiky staples signals, yield surge: This week, we saw that there are some compelling tailwinds for stocks and specific sectors. M2 growth is still rising, and despite some volatility, the first 5 days of the year were positive. Consumer staples have gotten hit hard, triggering a number of spiky oversold readings. The sector also tends to show the best returns following yield curve un-inversions. Financial stocks witnessed a false breakdown. The rise in Treasury yields has been unyielding. |
Smart / Dumb Money Confidence
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Risk Levels
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Research
TradingEdge Weekly for Jan 17 - Market tailwinds, spiky staples signals, yield surgeBy Jason GoepfertBOTTOM LINEThis week, we saw that there are some compelling tailwinds for stocks and specific sectors. M2 growth is still rising, and despite some volatility, the first 5 days of the year were positive. Consumer staples have gotten hit hard, triggering a number of spiky oversold readings. The sector also tends to show the best returns following yield curve un-inversions. Financial stocks witnessed a false breakdown. The rise in Treasury yields has been unyielding. FORECAST / TIMEFRAME |
Sentiment Risk On / Risk Off Overview
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Sentiment Around The World
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