Equity index futures managed to hold the line without much drama over the long weekend, and all things being equal this would be a good omen for the remainder of this week. Unfortunately the bulls are now facing a bit of headwind for week #8 statistically speaking.
A fascinated topic in which I have been taking a deep interest over the past few years has been the dissection and tracking of market momentum in various market sectors. To that end I am primarily interested in answering the following four questions:
I promised you a comprehensive momo update and just like a Lannister the market mole always pays his debts. Except here at the lair you won’t have to wait almost two years for new episodes. Come rain or shine, I deliver daily and I’m known to spoil my intrepid subs in particular. That said, if the GOT producers get away with taking an 18 months break, all the power to them!
I woke up this morning and the world had not yet descended into Sodom and Ghomorra. Which was a bit disappointing to me as I keep being promised doom and gloom in the financial MSM. Now look, I’m as guilty as the next guy (or gal – current year and all) when it comes to kicking up my adrenaline via a dose of infopørn at my favorite clickbait watering hole.