TradingEdge Weekly

Jason Goepfert

10-08-2021 at 3:15 pm

TradingEdge for Oct 8 - The Ends of Momentum and Risk-On Behavior; Inflation Problems

This week, stocks finally saw an end to many streaks of momentum and risk-on behavior. Some sentiment indicators registered pessimism for the first time in over a year. The S&P 500 suffered its longest pullback in over 200 days. High inflation remains a concern, and emerging market central banks are raising rates.

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