By Steve Blumenthal August 6, 2020 S&P 500 Index -- 3,327 (close) Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators. Market trends persist over time and stem from changes in [...]Read More >

July 31, 2020 By Steve Blumenthal News flash: The 10-year Treasury yield falls to 0.52% after record GDP contraction. The yield on the 30-year Treasury bond was lower at 1.18%. The bond market has it right. Every weekday, an Axios Markets email hits my inbox. This morning’s post caught my [...]Read More >

By Steve Blumenthal July 29, 2020 S&P 500 Index -- 3,227 (open) Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators. Market trends persist over time and stem from changes in [...]Read More >

July 24, 2020 By Steve Blumenthal “For those clinging to the recovery narrative, I just don’t see it.” – David Rosenberg, President and Chief Economist & Strategist, Rosenberg Research Last week we took a look at coming return probabilities, which showed the expected 10-year future return [...]Read More >

By Steve Blumenthal July 22, 2020 S&P 500 Index -- 3,254 (open) Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators. Market trends persist over time and stem from changes in [...]Read More >

July 17, 2020 By Steve Blumenthal “We believe the corona crisis is the most disruptive global event since World War II, and far surpasses the trauma of the 2007-2009 Great Recession.” – A. Gary Shilling, financial analyst and commentator, Insight As you read today, keep this important point [...]Read More >

By Steve Blumenthal July 15, 2020 S&P 500 Index -- 3,225 (open) Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators. Market trends persist over time and stem from changes in [...]Read More >

July 10, 2020 By Steve Blumenthal “My experience in this business is if everyone is running in one direction and you start to run in the other, and you seem crazy, if you're right, the rewards are enormous.” – Catherine Wood, Founder, CEO, CIO, and Portfolio Manager, ARK Investment Management [...]Read More >

By Steve Blumenthal July 8, 2020 S&P 500 Index -- 3,153 (open) Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators. Market trends persist over time and stem from changes in [...]Read More >

July 2, 2020 By Steve Blumenthal “I don’t see us wanting to run through the bond market like an elephant, you know, doing things and snuffing out price signals or things like that. We just want to be there if things turn bad in the economy or if things go in a negative direction, we want to [...]Read More >

By Steve Blumenthal July 1, 2020 S&P 500 Index -- 3,115 Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators. Market trends persist over time and stem from changes in risk [...]Read More >

June 26, 2020 By Steve Blumenthal “Retain faith that you will prevail in the end regardless of the difficulties, and at the same time confront the most brutal facts of your current reality, whatever they may be.” – Jim Collins Management Researcher, Consultant, and Author of Good to Great: [...]Read More >

By Steve Blumenthal June 24, 2020 S&P 500 Index -- 3,131 Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators. Market trends persist over time and stem from changes in risk [...]Read More >

June 19, 2020 By Steve Blumenthal “I can’t believe there is no uproar for a policy that involves so much resource misallocation, moral hazard behavior, and price manipulation.” – David Rosenberg President and Chief Economist & Strategist of Rosenberg Research & Associates Inc. That [...]Read More >

By Steve Blumenthal June 17, 2020 S&P 500 Index -- 3,119 Posted each Wednesday, Trade Signals looks at several of my favorite equity market, investor sentiment, fixed income, economic, recession and gold market indicators. Market trends persist over time and stem from changes in risk [...]Read More >