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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 694.04+0.7%Jan 9 4:00 PM EST

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To: rimshot who wrote (636)8/24/2021 1:37:30 PM
From: rimshot   of 1118
 
Bloomberg email -Tuesday August 24

Signals from the U.S. bond market indicate the S&P 500 Index is due for “a reset,” according to Steven Vannelli,
chief investment officer of Knowledge Leaders Capital LLC. Vannelli,
also the firm’s founder and chief executive, raised the issue in a blog post Thursday.

He cited gaps in yield between investment-grade and high-yield debt and U.S. Treasuries,
as compiled by Bloomberg.

Both spreads widened because of falling bond prices since early July,
while the S&P 500 set records repeatedly. There have been 49 new highs this year and Monday almost brought the 50th.

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Sincerely,
David Wilson

Stocks Editor, Bloomberg Radio & Television
Editor, Chart & Stock of the Day
Author, Visual Guide to Financial Markets
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