Republic Risk: The Winning Streak Continues

Futures show we're on the cusp of an 8-day winning streak. Let's look at the 20-day moving average performers... and how to trade them.

Equity Strength: Green on the S&P 500 and Green on the Russell 2000

Rising liquidity and the start of Quantitative Tightening have helped propel optimism across the market. While it’s too soon for a rate cut, that won’t stop the equity markets from continuing their march higher. Futures are signaling an 8-day win streak, and our Model Portfolio continues to outpace the S&P 500 and the weighted index.

What to Do Today: If you’re a trader, look at our 20-day moving average list below and set reasonable stops at an average if you want to ride the momentum. It’s all about setting tight stops and taking whatever the market gives you. A few names have seen strong levels of insider buying in recent weeks.

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Dear Fellow Expat:  

I’m sitting on a farm in central Maryland this morning. I can’t help but notice the extreme optimism in these markets. We’re back near all-time highs, and liquidity is rising again. It feels like we’re on the backside of those tremors we expected in April.