Notice: To view this week's big picture outlook, click here. What Happened: U.S. index futures auctioned back into prior balance. What Does It Mean: Last week, U.S. index futures broke balance and auctioned lower. After aggressive buyers responded to prices below value, pressure disappeared, and the S&P 500 further confirmed the balance-break.
Market Commentary For 1/19/2021
Market Commentary For 1/19/2021
Market Commentary For 1/19/2021
Notice: To view this week's big picture outlook, click here. What Happened: U.S. index futures auctioned back into prior balance. What Does It Mean: Last week, U.S. index futures broke balance and auctioned lower. After aggressive buyers responded to prices below value, pressure disappeared, and the S&P 500 further confirmed the balance-break.