The first sign of a possible cyclical stock market bottom came with a rare breadth thrust covered in January 2019 The same “keep an open mind” message applied to the S&P 500’s (SPY) stand at an upward-sloping 200-week moving average, which aligns with a possible major cyclical bottom within theRead More →

By Robert Hughes The labor market showed remarkable resilience in November, posting sharply higher job gains and solid upward revisions for the second consecutive month. The November report was boosted by the return of General Motors (NYSE:GM) workers who were on strike in October. Nevertheless, job gains were widespread andRead More →