SPY / SPY: The Bubble Keeps Swelling

"Double-barreled" oversold reading predicts higher returns in the S&P 500 240 days later, with an average return of 29%. Short-term performance follow more_horizontal

Changes in the Fed Funds rate have accurately predicted subsequent stock market movements, albeit with a lag, for generations. Unfortunately, this cor more_horizontal

The SPDR S&P 500 ETF Trust has entered correction territory due to various factors, including rising long-term interest rates and disappointing Q3 res more_horizontal

Equities have now pulled back some 10% since the start of August, placing the market in official 'correction' territory. The pullback in stocks has co more_horizontal

Our double-barreled oversold signal suggests the S&P 500, Nasdaq 100, and Russell 2000 may be approaching a bottom. The signal is based on two indicat more_horizontal

The 10-Year Treasury yield just touched five percent for the first time since 2007, raising anxiety levels in the market and triggering a selloff in e more_horizontal

The bounce in the SPY failed to break out above the downtrend, and created sell signals as price now tests support. Uncertainty in Israel and Ukraine, more_horizontal

Our emerging market debt valuation metrics across all but the U.S. interest rate dimension remain unambiguously attractive. In our Quarterly Valuation more_horizontal