The U.S. markets have rebounded after reports the White House is easing their position on tariffs.
Most importantly is that this news has provided fertile grounds to build a new rally, and with the S&P 500 back above a key level of support the bias has shifted to a more optimistic one.
While value has climbed to the top of the rankings in recent weeks, we could see growth mobilize up the ladder as we see the trends that have persisted over the last month mean revert.
In other words, the short-term outlook has improved and it's in favor of growth right now.
Catch yesterday's replay
Yesterday, Steve Strazza and Alfonso Depablos went live to discuss the screaming hot insider transactions hitting the tape as markets rebounded.