It looks like the S&P is “kissing” the underside of “Dual Resistance” for the first time in history. Does that mean the market is topping here? It is too soon to tell.
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).
The VIX remains in the “High Volatility” range and reversed direction to return above 30. New coronavirus cases remain steady, above 20K/day, and another 2.6 million Americans filed for unemployment claims. [more]
The S&P 500 is having its best December in over 5 years, closing in on the best year in over 20 years, and has increased 10 times its value since November 1990. How does the S&P 500 compare with the other world indices? [more]
As income investors in Canada and the U.S. continue to face the challenge of a low interest rate environment, the equity market dividends continue to lure investment dollars. [more]