Top Trading Links – March 18
It was a choppy week for U.S. equities, as the S&P 500 (INDEXSP:.INX) bounced around on the Fed before settling up +0.25%.
But as the U.S. stock market tries to continue higher, it may contend with a glaring RSI divergence (if we see new highs in prices, but not new highs in RSI/Momentum).
Ultimately, this could lead to a pullback. No, this doesn’t mean a major top or a call for a 15-20 percent decline. Only price will dictate that… and price should be what leads investors to their risk management decisions.
That said, it was a busy week for news. Investors received a rate hike, a typical amount of “noise” about the president, along with options expiration. The rest of the month tends to be seasonality strong, followed by weakness late in the month into early April. But not all years are created equal.
Enjoy this week’s investing research and trading links. There are some great reads.
What happens to Bond Prices when the Fed Hikes – LPL Research
The Case for Investing In Indian Equities – Latticework
A Magnificently Perilous Alteration In Thinking – Zenolytics (H/T @ChicagoSean)
48 Lessons From Howard Marks on Investing – Safal Niveshak
A Look at the U.S. Pension Situation – Pension Pulse
What Do 5 Recent Market Leaders Have in Common? – Ivanhoff Capital
NEWS & RESEARCH
What Trump’s budget says about his priorities – Five Thirty Eight
How China’s Capital Curbs may be Paying Off – Bloomberg
Here’s How To Stay Focused – Nir & Far
Check back for more great research here on See It Market throughout the week. Thanks for reading!
Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.