The Fat Pitch

Summary : Equities gained nearly 2% for the second week in a row, led by small caps and further gains in oil. SPY has now rallied to 197, th...

Summary : Equities followed through on last week's reversal, gaining 3-4%. Importantly, the rally came on unusually positive breadth: th...

Recent sentiment data shows investors to be more pessimistic than they have been in at least 4 years. Some sentiment data is the most extrem...

Summary : Fund managers' cash in February rose to the highest level since 2001, higher than at any time during the 2008-09 bear market T...

Summary : The move into the perceived safe havens of treasuries and gold in 2016 appears to have reached a point of short-term exhaustio...