Market Notebook

by Cory Haupt | Sep 12, 2021

Equities retreated last week while bonds remained within a consolidation pattern. The pullback in the S&P 500 took the index below its 20-day exponential moving average. In the past several months, moves below the 20-day EMA have been buying opportunities. While this may indeed be the case again, caution is advised as the end of the quarter nears. Rebalancing, along with other factors, including an increase in the overall supply of equities, could keep the S&P under pressure coming into the end of the month. It may be wise to seek technical confirmation before adding to equity positions in September.

All the best in the week ahead.

Have the Market Notebook Delivered to Your Inbox Every Week

Signing up to receive the market notebook in your inbox each week is a great way to stay abreast of market activity and avoid missing important information. The notebook contains a number of useful tools that allow one to think critically about markets. The discussion provides our take on the previous week and the week ahead. Spend a few minutes on the weekend and feel more confident in your market knowledge.

Market Notebook

Discussion –

Have the Market Notebook Delivered to Your Inbox Every Week

Success!