Market Notebook

by Cory Haupt | Sep 3, 2023

Photo by Erica Marsland Huynh on Unsplash

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

TECHNICAL ANALYSIS:
SPY rose sharply during the week, suggesting equities remain in an upward trend.

BND price gapped higher to open the week but closed slightly lower than the week’s open. BND price appears to be remaining in wide-ranging consolidation.

SENTIMENT:
Market participant sentiment might be considered optimistic.

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!