Republic Risk: All Is Quiet

Enjoy your week, take what the market is giving you, and maybe take a nap. This is a quiet week - but things are going to ramp up starting next Tuesday.

Equity Index Strength Is GREEN on the S&P 500 and GREEN on the Russell 2000.

Each morning, we assess the full flows of the market by measuring statistical metrics on a specific number of stocks to determine broader sentiment and the momentum trend. When these readings turn red, we focus on cash, build trades around positive sectors, or take inverse positions against indices. When it is positive, we focus on short-squeeze stocks, companies with improving fundamentals, and trading/investing around the actions of corporate insiders.

We’re still green. Nothing new. Oil prices are down a little, but all sectors are still positive. We still have little selling pressure, which is wild. The only stock down 10% in a week on the S&P 500 is Nike (NKE).