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.
Dividend Kings are a select group of 46 stocks that have each raised their dividends for at least 50 consecutive years.
In the midst of small-cap earnings season, there are brutal selloffs occurring in some of these stocks.
McClellan oscillators are mostly overbought.