I pointed out in Downtrend but Statistically Oversold Short-Term as Gold Turns Up the US Dollar had reached a statistically oversold level, setting up a high probability for a countrend.

According to Citi, the panic/euphoria model is a gauge of investor sentiment. It identifies "Panic" and "Euphoria" levels which are statistically driven buy and sell signals for the broader market.

Sector trends offer dispersion: over the last 10 years, the average difference between the best-performing and worst-performing sectors has been 45% per year.

The FOMC raised rates by 25 basis points but gave no indication of its intentions for the September meeting. Powell stated that the FOMC has not decided to hike rates every other meeting and will instead take it meeting by meeting.

S&P GSCI® Goldman Sachs Commodity Index is a composite index of commodity sector returns representing an unleveraged, long-only investment in commodity futures broadly diversified across the spectrum of commodities.

While most investment managers using fundamental earnings growth and valuation like this for decision making. we primarily focus on the price trend direction, relative strength, momentum, and volatility to determine when to buy or sell, but we still monitor these fundamental metrics.