Shifting Momentum

Shifting Momentum

OVERVIEW   The U.S. stock market, as measured by the S&P 500 Index, ended the week lower by around 1.3 percent after another teeter-totter week of trading. Implied volatility continued to drop, however, as the CBOE S&P 500 Volatility Index fell to under...
The Price Is Right

The Price Is Right

Last week we discussed some of the conditions necessary to determine where stocks were in the bottoming process. Given the decline experienced this year, David Nelson gives us his analysis of where we are in this cycle.