Daily Report : Weekly Wrap for Jul 2 - Low Correlations, Underperforming Stocks, Commodity Momentum

This week, we saw a continued low correlation among several factors, especially Growth and Value, as many stocks are starting to underperform the indexes. Still, momentum in those indexes like the S&P 500 have been remarkable, which has been an excellent long-term sign. Bonds are entering a positive seasonal period, and the commodity outlook still looks tough.