Market Notebook

Discussion –
PRICE ACTION:
Equity prices, as measured by the ticker SPY, closed lower, and bond prices, as measured by the ticker BND, closed higher during the last week.
SPY -0.96%
BND +1.22%
TECHNICAL ANALYSIS:
SPY price appears established in an upward trend.
BND price appears to be consolidating, with price moving toward the high end of the recent range during the last week.
SENTIMENT:
Market participants seem unconcerned about the potential adverse effects of slowing trade on the U.S. economy.
ECONOMY AND FUNDAMENTALS:
Economic fundamentals remain positive while measures of confidence wane.
All the best during the week ahead!
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.