News about Dow

Better day for Comm Serv and Utilities; not so much for Tech and Cons Discr; Comm Serv continues to lead YTD and MTD … Russell 1000 Value outperformed major indexes while Russell 1000 Growth underperformed; Russell 2000 Growth is struggling most MTD pic.twitter.com/pnmKHiMJYS

4-point spread has opened between S&P 500’s forward (blue) and trailing (orange) P/E ratios pic.twitter.com/usF4Ys19oC

Since 1990, I found 20 other times the S&P 500 opened green, but eventually closed red three consecutive days. It just happened today. Negative returns on avg a month later and up only 55% of the time. Could this be a subtle clue the bulls are losing control? pic.twitter.com/44TsdTybMZ

S&P 500 up 27.9% the past 12 mos, but also higher YoY each of the past 12 mos. What happens after positive YoY 12 mos in a row? Ultimate streak goes to nearly 30 mos on avg. Returns 1, 3, 6, and 12 mo later are about avg. Bottom line, long streaks like this aren't bearish. pic.twitter.com/mglNqwnjRE