Market Notebook

by Cory Haupt | Sep 17, 2023

PRICE ACTION:
Equity prices, as measured by ticker SPY, and bond prices, as measured by ticker BND, closed lower on the week.

TECHNICAL ANALYSIS:
SPY price action suggests that equities remain in an upward trend with recent tendencies toward consolidation.

BND price action suggests wide-ranging consolidation with recent tendencies toward a downward trend.

SENTIMENT:
Market participant sentiment suggests little conviction regarding equities or bonds.

ECONOMY AND FUNDAMENTALS:
Economic indicators within the Market Notebook remain mixed.

Jobless claims are to be watched as a key indicator of a potential recession. Thus far, jobless claims are not indicative of a near-term recession.

All the best during 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.

Disclaimer: Nothing in this discussion should be considered investment advice. The content of this discussion is strictly my personal opinion and subject to change at a moment’s notice. Investment advice can only be provided to you by your investment professional and not by a general market discussion such as this one. If you wish to speak with an investment advisor, contact us. We can probably help.

Market Notebook

Discussion –

Have the Market Notebook Delivered to Your Inbox Every Week

Success!