At the end of April the S&P 500 (barely) reached a new all-time high. The next day, Federal Reserve Chairman Jerome Powell mentioned the slowdown in the economy is likely “transitory”, which is Fed-speak for temporary. This seemed to remove the prospects from traders’ minds about a rate
Tag: SEM Model Update
The last few months I’ve periodically pointed out some stress points that all investors should be wary of as the economic expansion and bull market approaches record length. While the Federal Reserve capitulated to the constant pressure from the president and Wall Street’s panic in the
Happy March 14th! No, it isn’t really a holiday, but there are some exciting things around the corner. A week from now, millions of brackets will be busted just hours into the NCAA basketball tournament, which is one of my favorite events of the year. People who haven’
As we edge closer to the longest economic expansion on record, I think most people are expecting some sort of slow down in growth. It’s not the Fed’s fault as one popular Twitter user likes to point out, but rather an economic fact that simply cannot
Hello again everyone. We’ve had a pretty significant change over the past week in our EGA trading systems, leading to our tactical models showing bullish at the moment. There were a couple changes in the past week to differing systems that led to that change.