Investing

Trends

In spite all of the market angst earlier in the year, the S&P 500, NASDAQ and Russel 2000 never broke trend (50 DMA dropping below 200 DMA). On the international front Developed Markets are right at trend (50 DMA = 200 DMA) while emerging markets just broke trend this week, potentially implying further downside from …

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Investing

Is The Shine Wearing Off?

Courtesy of the WSJ’s Daily Shot, below is a chart depicting the spread between the S&P 500 dividend yield and the 1-month US T-bill yield. Per the chart, it would appear holding cash is becoming increasingly more attractive on a relative yield basis. If yield were the only reason investors held stocks then this would …

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