Active investment management’s weekly magazine for fee-based advisors

How I See It
Market commentary provided by well-known technical and research analysts, financial authors, investment newsletter publishers, and economists. The opinions expressed each week represent their professional perspectives and not necessarily those of the magazine.

Understanding a trading-range market

Since mid-January of this year, the indexes and most of their components have been in a sideways technical formation called a “trading range.” A trading-range market condition is simply a wide sideways price action that moves between a low and a high...

High-grade-bond summation index oversold

The world was convinced that inflation was imminent, that bond yields were rising, and thus that investors ought to dump anything bond-related. The 10-year Treasury note was assuredly headed north of 3%, people were going to stop taking out mortgages,...