See what’s driving market performance around the world in today’s Morning Lineup.  Bespoke’s Morning Lineup is the best way to start your trading day.  Read it now by starting a two-week free trial to Bespoke Premium.  CLICK HERE to learn more and start your free trial.

“If I had nine hours to chop down a tree, I would spend the first six sharpening my ax.” – Abraham Lincoln

Just as Monday was the worst trading day of last week, it’s not shaping up to be much of a good day for the bulls this week either.  There’s still plenty of time left in the day, but it’s not getting off to a strong start.  In terms of potential catalysts for the market today, there’s little in the way of economic or earnings data, so the focus will likely be on Washington DC and what will transpire in the final days of the President’s term.

Be sure to check out today’s Morning Lineup for updates on the latest market news and events, a discussion of China delistings, an update on the latest national and international COVID trends, and much more.


While the US equity market collectively is overbought, there’s quite a bit of dispersion among individual sectors heading into the second full week of the year.  As shown in the snapshot from our Trend Analyzer, Consumer Discretionary, Health Care, and Materials sectors are all at ‘extreme overbought’ levels and have ‘poor’ timing scores.  Beneath those three sectors, four more are overbought, while four are still at neutral levels.  Of those four sectors (Industrials, Consumer Staples, Utilities, and Real Estate), the first two also currently have ‘good’ timing scores.

Print Friendly, PDF & Email