S&P 500 entered Friday somewhat cautious and risk-off – not shaking it off, and practically for the closing bell, Moody‘s downgrade news hit. Where does that leave the tax cuts and other stimulative policies in the Congress standoff? Stocks have traveled far and fast, on the powerful tariff relief theme I positioned all clients for before the prior weekend or Trump‘s " time to buy stocks“ message. But how good or bad really is to be advancing Friday with risk-off sectoral composition?

This headline sensitive phase has been about combining macroeconomic and fundamental reading of the situation, with the China phase one deal news cementing breakout above 200-day moving average. S&P 500 or Nasdaq didn't look back, and the move unfolding is a smashing one – pullback opportunity now courtesy of Moody‘s. Just as I delivered for clients with the Friday mentioned tweet below, same applies for swing trading clients Friday as you can see.

This week‘s extensive Saturday‘s video examines the risk-on rally as such, bringing you several sectors and stocks that have benefited mightily already. Already, already – will they continue doing so? More software, security, semis, defense stocks and in general finanncials with industrials, high beta? Would any gold bump last, taking silver and copper (with Bitcoin) along? Make sure to review the video and accompanying charts…

… and the importance of having access to my thoughts on a timely basis, does clearly show on a daily basis such as what you‘ve seen in Friday‘s article talking the data-driven turn in stocks, that PPI, unemployment claims, retail sales and manufacturing magic in one go… with the dollar awaiting more or less fiscal responsibility news (100-101 zone breakout consolidation here).

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