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Volatility Spike and the Election

In The Highstreet Group by admin

Volatility Spike and the Election UPDATE: As the election nears, market volatility has been on the rise after a long period of quiet trading, but the direction of the overall market is still uncertain. Some short-term support levels were broken …

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Markets Holding Up

In The Highstreet Group by admin

Markets are Holding Up Heading into Summer S&P 500: The stock market is finding a high-end range as the S&P has been trading within a 5% range for more than two months. And while this kind of tight trading can …

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Margin Debt at Dangerous Levels

In The Highstreet Group by admin

Margin Debt at Dangerous Levels NYSE margin debt is at all-time highs as illustrated by the accompanying “Margin Debt” chart (labeled “MARGDEBT” above). This is an indication of leverage and froth in the market place. The “MARGFREE” chart shown below …

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Bond Yield at Inflection Point

In The Highstreet Group by admin

Bond prices have recently been ticking higher (lower yields) receiving the benefit of a “quality flight” from equities (as they sold off) along with apparent geopolitical event risk from Russia’s intrusion into the Ukraine.  Although bond yields were falling, short …

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Yield Curve Steepening

In The Highstreet Group by admin

Yield Curve Steepening and the Federal Reserve The yield curve is near the steepest level in 2 1/3 years due to improved U.S. economy and expectations for QE3 tapering. As represented by the 10 year treasury yield minus the 2 …

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S&P Sector Movement

In The Highstreet Group by admin

Sector Movement within the S&P 500 The S&P 500 is made up of 10 master sectors, Consumer Discretionary, Consumer Staples, Energy, Financials, Health Care, Industrials, Information Technology, Materials, Telecom Services and Utilities. In the early stages of a bull cycle …