Friday, July 2, 2021

These 4 Indicators Are Telling Us This Market Will Make History

The stock market rally finally suffered substantial losses Thursday as the 10-year Treasury yields continue to rise. So, do we find ourselves staring down the barrel of a broad stock market retreat or a sector rotation?

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These 4 Indicators Are Telling Us This Market Will Make History

If I had to characterize these last few months of market machinations, the word I would purposefully choose to use is "historic."


But to paraphrase swashbuckling movie character Inigo Montoya from The Princess Bride, "I don't-a think it-a means-a what-a-you think it-a means-a."


As supply chains shake off last year's rust and the global economy gradually reopens — most countries are lagging the United States in that regard — we are going to see some eye-popping economic data come in. 


And these four market indicators for 2021 tell the whole story.

What I'm Seeing

The Most Important Stock Market Indicator Right Now

June 30, 2021

Regardless of direction, one thing is always true: Markets are driven by how money flows through them.

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