“The herd instincts among the forecasters makes sheep look like independent thinkers.” – Edgar R. Fiedler

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Market Update | July 12, 2018

Macro View Daily Insights We have raised our 2018 S&P 500 earnings forecast.The solid profits backdrop led us to increase our S&P 500 Index earnings forecast for 2018–from $152.50 per share to $155–in our Midyear Outlook 2018: The Plot Thickenspublication....

The Greenback Comes Back

Things are looking up for George Washington, as the dollar has staged a solid comeback after losing nearly 10% in 2017 and an additional 4% in January. Since its February lows, the U.S. Dollar Index has rallied more than 5%. This comeback is notable since the dollar...

The Bottoming Process

The S&P 500 Index continues to find support near its 200-day moving average and recently bounced near the early February lows. Additionally, the retest of the February lows took place on lower volume, which is a positive sign that we could be nearing the end of...

How Can Charlie Brown Help Investors?

“In the book of life, the answers aren’t in the back.” Charlie Brown Markets are not easy to navigate, as fear and greed can often get in the way of prudent investment decisions. As much as we would like a script to follow, it isn’t that simple. Much like the quote...

One for the Bears

The S&P 500 Index officially closed beneath the low close from December 2017 earlier this month. Why does that matter? Historically, this has been a warning sign of potential equity weakness so it may be worth considering more. Developed by Lucien Hooper, a Forbes...

Market Update | February 23, 2018

Market Update Market Recap U.S. markets closed mixed; S&P 500 Index (+0.1%) snapped two-day losing streak, Nasdaq (-0.1%) posted fourth straight loss. Few directional drivers, though monetary policy concerns linger. Dow +0.7%, Russell 2000 -0.1%....