There were numerous indications that a US-EU deal would be finalized over the weekend. Still, the details of this agreement are genuinely remarkable for President Trump and the United States.

Even with China snooping and dumping cheap stuff, the European Union (EU) awoke from its slumber to cut a deal and keep the economy moving.

 

Rotation Continues

A lot of mobility is coming out of Communication Services (XLC) and landing in beaten-down Health Care (XLV) and Consumer Discretionary (XLY) names.

The CEO of Centene (CNC), Sarah London, worked magic on her conference call, as that stock was a goner after posting results.

Cool, Calm, and Collected

Small gains across all extended factors.

Midcaps continue to be undercover juggernauts.

Nothing to Fear…

The Volatility Index (VIX), also known as the ‘Fear Index,’ now has a 14-handle. It's not a cocky number, just one that reflects the fading ability of the media and Wall Street to spook the market. 

Pox on both.

Today’s Session

Major indices are looking to open in the green this morning.

Today, the Fear and Greed Index could be pushed into extreme greed.

The Ten-Year Bond Yield (TNX) is rebounding a bit and testing its 50 MA.

Tweet

 

Home | Products & Services | Education | In The Media | Help | About Us | Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.