View From the Hill: SP-500 Overbought Market Still Requires Respect

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Comments: The SP-500 (SPY) logged its 5th consecutive day and 4th consecutive week of new record highs. To state that equity markets are overbought would be an understatement. However, the recurring pattern in this market has been one of consolidation followed by breakouts, which represents a textbook confirmation of a bull market and should be respected by […]

With Nothing Sticking to Trump, Stock Sellers Refuse to Dump

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Market Condition   Market Commentary One thing to note is that for all the instability and uncertainty created by the Trump administration’s first month in office, the markets have been anything but this. Instead, they have exhibited remarkable resilience as US stocks continue trending upward. One can throw just about any shit imaginable at POTUS […]

Despite Fed’s “Last Call”, US Stocks Advance On ECB’s QE After-Party

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By J Clinton Hill, Capital Markets Strategist @ Hillbent.com Investment Market Commentary US stocks continued advancing despite the Fed’s having given several “last calls” in preparation to shut down this party. The Dow-30 Industrials (DIA), SP-500 (SPY), and Russell-2000 (IWM) made new record highs and the Nasdaq-100 (QQQ) finished just 0.13% within breaking its on […]

High P/E Market Valuations Misleading Trump’s Chumps

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By J Clinton Hill, Capital Markets Strategist @ Hillbent.com Investment Market Commentary Comments will be somewhat brief as I have supplemented Thursday’s report with charts and data. Today I will address the high P/E market valuations, which I believe may be misleading US stock investors into being Trump’s chumps. First, here is a nutshell summary of […]

Employment Report Has No Impact On Markets Initiating Weekly Decline

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By J Clinton Hill, Capital Markets Strategist @ Hillbent.com ETF Market Commentary Probably the week’s most important economic data release was this Friday’s Employment Situation report, which gave us a positive surprise with unemployment dipping to 4.6% and the addition of 178k new jobs. Nevertheless, neither had any significant impact on the markets. With the […]

View From the Hill: 5 Fundamental Perceptions Raising Trump’s Market Reality Ratings

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By J Clinton Hill, Capital Markets Strategist @ Hillbent.com ETF Market Commentary With exception to the Nasdaq-100 (QQQ), the Dow-30 Industrials (DIA), SP-500 (SPY) and Russell-2000 (IWM) continue to make new highs. Unlike most of the international markets, US stocks are trending upward and displaying remarkable relative strength. I am still of the opinion that […]