Good morning,
Last Thursday marked the last trading day of a week, month, and quarter, making it a perfect time to look at some big-picture charts.
In today’s report we will:
Recap index returns for Q1
Highlight the most notable monthly charts
Q1 returns
S&P 500 leads major indexes, best start to a year since 2019
Large growth tops the style boxes with an 11.2% return
Communications leads sector gainers
But it was really a tale of two halves
High yield outperforms as spreads tighten, yields rise in Q1
Commodities rally despite dollar strength
Monthly charts you need to know
S&P 500 gains 3.1% in March, now up 5 months in a row
Those streaks have been bullish for future 12-month returns
Financials end quarter by breaking out to all-time highs
Keep reading with a 7-day free trial
Subscribe to Brown Technical Insights to keep reading this post and get 7 days of free access to the full post archives.