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Weekly SP500 ChartStorm - 25 April 2021 - Vimarsana News

Weekly SP500 ChartStorm - 25 April 2021

oh… that’s right, almost forgot! BONUS CHART >> got to include a goody for the goodies who subscribed. Global Flash PMI vs Bond Yields: with the April round of preliminary PMI data we can calculate a “global“ flash PMI. The April reading was up +1.2pts to a 15-year high of 60.3, with all 4 countries/regions up vs March. It’s fairly interesting by itself just by how stark the move is and how far things have come from this time last year. But the other very interesting thing is the apparent linkage with bond yields… I’ve recently noted the sentiment/positioning/technicals set up i...

The Week Ahead: What Will The Winter Bring? - Vimarsana News

The Week Ahead: What Will The Winter Bring?

We can enjoy two light weeks for economic reports. Both are holiday-shortened, implying lower volume but not necessarily lower volatility. Personal income and spending will be especially interesting, along with updated unemployment claims data. It is also an especially important time to monitor sentiment. The biggest reports are scheduled for the first week of 2021. The calendar will prompt many to offer specific and complex forecasts for next year. Good luck with that! It is necessary for investors to think ahead, but dangerous to drive faster than you can see on a foggy road. A good approac...