Market Notebook


Global equities were mixed last week while US equities moved higher during a high volatility rally on Friday. The bond complex appeared to consolidate last week but failed to close above the 20-day moving average. The failure of bonds to close above the 20-day moving average suggests bonds remain in a downward trend.

There is nothing on the near-term horizon that suggests that the Fed-supported risk rally can’t continue.

Regarding individual equities, technology and innovation across many industries and applications are bringing several interesting opportunities to the market. These opportunities can’t be evaluated within a value framework so look for a new section within the notebook in the coming weeks.

– Best

Cory Haupt

Click Here to sign up to receive the market notebook in its entirety each week.