Global Breadth Expands as Cyclicals Take the Lead
Global equity markets continue to show strengthening breadth, with leadership broadening into Europe, Asia, and Canada. Cyclical sectors, financials, industrials, materials, and energy are driving performance, while defensive areas remain under pressure. Key Points: Market Backdrop Remains Constructive The S&P 500 and NASDAQ continue to trade at new highs, above all major moving averages. Market […]
Market Breadth Expands as New Sectors Lead
Resilient Markets: Global Breadth and Sector Strength
Markets continue to show resilience in September, with global breadth expanding and leadership broadening beyond the U.S. tech giants. Strength in financials, commodities, and select communications names highlights a constructive backdrop despite the seasonally challenging period. Key Points: Markets Defying September Weakness The S&P is up 0.72% so far this month following a strong August, […]
Market Resilience, Rate Cuts & Financial Leadership
Strength beneath the surface: where leadership is building
Momentum is widening across global markets, with fresh leadership emerging in sectors from financials to commodities. Even as risks linger, the setup points to opportunity for portfolios positioned with discipline and foresight. Key Points: Structural Bull Market Remains in Place The S&P 500 (^GSPC) has held its rising 200-day moving average through multiple tests and […]
Global stocks positioned for renewed leadership
Canadian banks, tech, and oil show market strength
Banks, gold, and global stocks power market gains
Are markets entering a period of seasonal weakness, or does expanding breadth and global leadership point to continued strength? In this week’s webcast, we examine Powell’s policy shift, rare 90/90 breadth signals, and leadership from banks, gold, and global equities that suggest the bull market case remains intact. Key Points: Structural Bull Market Intact The […]
Market leadership themes: MDA, Hudbay & global ETF
Is narrowing U.S. breadth a warning sign for investors?
Markets present a nuanced picture. The S&P 500 (SPX) and NASDAQ (NDX) remain near highs, yet U.S. breadth continues to narrow. In contrast, global markets such as the Nikkei 225 (N225) and TOPIX are breaking out to multi-decade highs, with financials providing sustained leadership. Precious metals are also gaining traction, with gold (XAU), GDX, and […]