Breakouts, Breadth, and Battle Lines | LPL Market Signals
In the latest LPL Market Signals podcast, the LPL Research strategists discuss the S&P 500 Index return to the battle line at 4,200, answer market breadth concerns, highlight some technical breakout ideas, and preview the week ahead.
Chapters:
00:00 - Intro
00:11 - Agenda
01:09 - S&P 500 back to the battle line
03:53 - Global equity markets – as of May 19, 2023
06:45 - Fixed income & Commodities markets – as of May 19, 2023
08:30 - Good starts often followed by good finishes
10:56 - Breaking down breadth
13:40 - Tech breaking out on an absolute and relative basis
15:37 - Japan breaking out to new 33-year highs
18:55 - Utilities breaking down
20:35 - 10-year yields breaking out from a shorter range
22:56 - Stocks breaking from consolidation range vs. bonds
25:53 - Rates could move lower If the fed is done
27:28 - Week ahead: Fed minutes and PCE deflator on tap
31:10 - Earning season wrapping up
34:55 - Closing
Tracking #1-05371258