Low Neutral

Low Neutral

OVERVIEW   The U.S. stock market rallied last week, with the S&P 500 gaining 3.48%, the Dow increasing 3.22%, and the Nasdaq rising 3.37%. Value stocks outperformed, surging 4.06%, versus the 3.34% gain for growth stocks. Small-cap stocks rose about 3.67%. As...
Big Tech Gets Bullish

Big Tech Gets Bullish

  This week’s big news was that the Nasdaq 100 Index—a basket of the 100 largest (mostly tech) stocks traded on the Nasdaq stock exchange—surged into a new bull market on Wednesday. Our featured chart above shows that the tech-heavy index has rallied more...
Baltic Dry Index

Baltic Dry Index

  The Baltic Dry Index (BDI) is a financial index that measures the average cost to ship various dry bulk materials—such as coal and steel—around the world. Because it reflects the supply and demand for important materials used in manufacturing, the BDI is...