Tue November 21, 2023

Forget this “Turkey” of a Market, It’s “Time to Feast” on Gold and Copper

NEAR-TERM TRENDS FOR US EQUITIES ARE BULLISH, BUT GETTING EXTENDED AS PART OF NEGATIVE MOMENTUM CONDITIONS ON WEEKLY AND MONTHLY CHARTS.  TREASURY YIELDS AND US DOLLAR MIGHT WEAKEN INTO US...

Tue November 21, 2023

Upticks - November 2023

UPTICKS _(New Additions in Bold) _ LAGGARDS _(New Additions in Bold) _ MEANINGFUL MOVEMENT WORTH DISCUSSING AMONG CURRENT UPTICKS HOLDINGS FIRST SOLAR ($FSLR)  Source: TradingView FIRST SOLAR ($FSLR)  OVERSOLD STABILIZATION...

Mon July 31, 2023

Copper breaks out while Crude nears initial upside target

MARKETS HAVE ENTERED A WINDOW FOR POTENTIAL SHORT-TERM TREND CHANGE, BUT MIGHT VERY WELL PROVE SHORT-LIVED AND NOT UNDERCUT 4500 RIGHT AWAY.  8/7-8/9 LOOKS IMPORTANT FOR A POSSIBLE TURN.  ULTIMATELY,...

Fri July 7, 2023

US Dollar has begun its decline back to new 2023 lows

TREND BULLISH- EXPECTING THAT MINOR PULLBACKS SHOULD PROVE SHORT-LIVED AHEAD OF PUSH HIGHER BACK ABOVE SPX-4500 This week’s churning in US Equities can’t yet be called complete, but a rally...

Thu June 29, 2023

June 2023 Upticks

I will not be publishing a Daily Technical Strategy report today. Instead, in addition to this Upticks report, please find my Daily Technical Strategy Video update (6/29/2023) below. https://vimeo. com/841030428/7979ec346a?...

Wed June 21, 2023

Commodity rally looks to be underway

TREND BULLISH- EXPECT THAT MINOR WEAKNESS IS BUYABLE INTO END OF WEEK AND PROVIDES SOME STRENGTH INTO END OF MONTH AND INTO MID-JULY.  UNDER SPX 4300 REPRESENTS THE FIRST SIGN...

Fri June 16, 2023

Stocks’ Continued Strength Bodes Well For 2nd Half

"An investment in knowledge pays the best interest." — Benjamin Franklin Good evening: For months, our Tom Lee has said inflation would fall throughout 2023 and the Federal Reserve would...

Thu May 18, 2023

SPX breakout to new 2023 highs should help rally extend a bit more; Favor Homebuilders

SPX TREND BULLISH BUT MIGHT ENCOUNTER RESISTANCE AT 4235-4250 and maximum lift to 4325 before consolidation sets in. Wednesday’s breakout wasn’t noticed by many, but set the stage for Thursday’s...

Tue May 2, 2023

LIVE Technical Stock Analysis May 2023

Mark will be conducting a live Webinar session for the most popular stocks requested by our subscribers. Mark will give his quick take (45 sec-1-minute of analysis) and consider several...

Thu April 13, 2023

Copper breakout paves the way for 2Q gains

Thursday’s snapback gains seemed to be a mirror opposite of Wednesday’s trading, but look to have decidedly broken the near-term 6-7 day period of consolidation to the upside. Overall, the act...

Fri March 3, 2023

LIVE Technical Stock Analysis March 2023

Mark will be conducting a live Webinar session for the most popular stocks requested by our subscribers. Mark will give his quick take (45 sec-1-minute of analysis) and consider several...

Fri February 24, 2023

US Dollar and Rates pushing up have delayed the rally

THE IMMEDIATE REVERSAL IN YIELDS AND US DOLLAR ON FRIDAY HAS DELAYED EQUITY MARKETS FROM TURNING HIGHER AS QUICKLY AS ANTICIPATED.  Technically speaking, both $DXY along with charts of $TYX,...