Table of Contents:
1) Better economic data last week. Will the consumer remain resilient?
2) Long-term yields are pushing higher again…and they’re now testing a key resistance level.
3) What’s going on in France…and why it’s very important to the global markets.
4) Earnings growth is NOT driving the stock market’s rally.
5) The intermediate-term technical picture for the major averages is becoming hazy.
6) One asset class…and one key currency…are signaling a “risk off” move is in front of us.
7) Is the Fed really spiking the punch bowl by lowering short-term rates?
8) One group is on the cusp of an important breakout move.
8a) Let’s look at some specific stocks in this group.
9) As always, we have to look at the charts of the tech stocks.
10) Summary of our current stance…
