The recent up move in the market has come on waning market momentum and declining market breadth. Also the very narrow leadership shown by the FANG stocks is now developing cracks. With valuations still in the stratosphere and tightening by the FED still not priced in, these divergences are worth considering. Here are these and other stories from some of the best asset managers, market commentators, financial analysts and CMT's of today:
Some Developing Market Divergences
What The End Of Chevron Deference May Mean For Tax
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Frank Agostino of Agostino & Associates discusses two pending Supreme Court
cases, their potential effects on the Chevron doctrine, and their
implications ...
50 minutes ago