There is plenty of fuel to move the markets higher, based on these indicators.
The big kids have been far more active in rallies. Selloffs have more than likely been composed more of traders taking profits, while those big kids have sat on their hands.
Households and companies may tighten their belts during times of economic uncertainty, but you know who won't? The U.S. government.
We continue to believe the equity markets have seen their lows.
When positions get too one-sided, they can snap back in the opposite way -- but that may not mean there is a change in trend.
It feels frothy out there.
Fed Vice Chair Lael Brainard did not sound quite as dovish as her comments were made out to be Monday. That said, Brainard certainly did not sound hawkish.
The market is in good technical shape for more upside, however, there still are economic headwinds.
Here's how I'd be playing things right now.
Uptrends persist, but we're in overbought territory.