#Money On The Sidelines

The past few months have been a very nervous time at Goldman Sachs, and not just because Gary Cohn wasn't picked to replace Janet Yellen as next Fed chair. Back in September, Goldman strategist Peter Oppenheimer wrote that the bank's Bear Market Risk Indicator had recently shot up to 67%,

International equity markets seem to effortlessly surge to brand new record highs with each passing day.  As we note fairly frequently, declines have grown shallower over the past two years and the S&P 500 has now gone 246 trading days without trading more than 3% below its record high, the

One week ago, BofA chief investment strategist Michael Hartnett laid out his reasoning for why a market correction is imminent: Global stock market cap up a massive $18.5tn (= US GDP) since Feb’16 lows 3P’s (Positioning, Profits, Policy) thus closer to peak than trough: BofAML Bull & Bear

The last two recessions were devastating for the S&P 500. The dot-com bubble during March 2000 to October 2002 saw the Index drop -49%, while the Global Credit Crisis from October 2007 to March 2009 saw an even greater drop of -57%. Since then, the S&P 500 has been on fire, gaining 250%

Authored by Peter Tchir via Brean Capital, I wish it was Sunday‘Cause that’s my fun dayIt’s just another melt-up Monday The S&P 500 has rallied 1% or more four times this year – three of those have been on Mondays (4 out of the 7 largest upside moves this year in the S&P 500 have been