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Leuthold's Major Trend Index held at Neutral for the week ending August 14, even as the Russell 2000, S&P 400, and S&P 500 hit fresh all-time highs. Cooler inflation data offered little relief, consumer sentiment kept diverging from stock performance, and a rare bearish signal from both the Nasdaq and NYSE High/Low Logic Index points to a market still split beneath the surface.
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This content is for informational purposes only and is not intended to be investment advice or a recommendation to take any particular investment action. This content is also not intended to reflect a current or past recommendation, investment advice of any kind, or a solicitation of an offer to buy or sell any security or investment services in any jurisdiction. This content does not contain sufficient information to support an investment decision. Potential investors should consider their own circumstances and assess the legal, regulatory and tax implications before making an investment decision. All investments are subject to risk, including the possible loss of principal. Past performance does not guarantee future results.
