Happy Days Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights Recent news regarding a number of key market factors has been generally positive and our main concerns are beginning to lift For the past 12 months, the S&P 500 Index has been tracking its pattern of 60 years ago. If the pattern holds — […]
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Current Conditions Index
Over the past week, the LPL Financial Current Conditions Index rose slightly to 236, the highest level in the past year. The stock market has tracked the CCI closely this year as it did last year reflecting the attention investors are paying to real time measures of economic and market conditions as they assess the […]
By Jeffrey Kleintop, CFA Chief market Strategist LPL Financial Events and data in recent weeks have prompted market participants to view the tailwinds that caused the markets to go sailing higher for much of 2009 as beginning to fade. They now view them as having become more balanced with the rising headwinds associated with increasing […]
Over the past week, the LPL Financial Current Conditions Index rose by 0.2 to 1.6, making a new high for the year. The index reflects current conditions aligned with the high end of our base case outlook and low end of our bull case outlook, established at the end of last year. Consistent with this […]
Current Conditions Index reaches a new high.