SentimentEdge report

Jason Goepfert

6-03-2020 at 1:30 pm

Summation Indexes show complete recovery from devastation

The rally has been sustained and broad enough that the McClellan Summation Index has moved above +500 after hitting -1000 during the panic. When it cycles like this within two months, forward returns were excellent. There have also been recoveries in high-yield bonds and overseas indexes like the DAX, and even emerging markets.

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