Month: June 2023

6/28/23 Happy Birthday

News: Markets reversed course on Tuesday, taking back all of Monday’s losses and then some. All four major indexes ended the session solidly in the green… A slew of minor economic reports went in favor of the bulls. Sector Round Up And as a result, the bulls dominated the session. 10 of 11 sectors ended …

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6/27/23 Week Opens Weak

News: Markets opened the new week to some selling on Monday. The major three indexes ended the session lower. But the 4th index we track managed a small gain… Under the surface, there was a bullish tilt. 53% of all listed stocks posted gains, while 43% declined. Sector Round Up 6 of 11 sectors ended …

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6/23/23 Perking Up

News: Markets finally seemed to find their footing on Thursday. While it was not a decisive victory for the bulls, the bears didn’t show up. The indexes ended the mixed and tilted green… Sector Round Up The sectors remained divided. 5 of the 11 sectors ended Thursday higher. This time the risk-on sectors were at …

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6/20/23 Rebalancing & Risk-On

News: On Friday, markets took a breather ahead of the long weekend. The indexes post modest losses… Markets are finally beginning to retreat from overbought conditions. A dip was to be expected as markets always seek balance. Sector Round Up The markets declined without any sign of panic. In fact, 3 of the 11 sectors …

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