Wed February 7

4Q23 EPS: 4 reasons EPS results are better than appears on surface, including potential China bottom.

VIDEO: We discuss 4 factors that suggest 4Q23 EPS season stronger than many realize. Please click below to view our Macro Minute (duration: 3:56). https://vimeo. com/910601604/8c4b44e130? share=copy This week will...

Tue February 6

Europe and China both look to be close to temporary outperformance vs. US

DIVERGENCE BETWEEN THE TOP PERFORMING STOCKS WITHIN TECHNOLOGY AND THE BROADER MARKET CONTINUES TO BE ONE OF THE MOST DISCUSSED TOPICS OF 2024.   PERFORMANCE DISPARITY HAS REACHED EXTREME LEVELS.  YET,...

Fri January 19

SPX Breakout, or Fakeout?

SPX AND DJIA OFFICIALLY JOINED NASDAQ BACK AT NEW HIGHS, WHICH IS CERTAINLY A CONSTRUCTIVE MOVE FOR THESE INDICES.  HOWEVER, IT WILL BE THE ACT OF EQUAL-WEIGHTED S&P AND VALUE...

Tue January 16

Emerging markets likely to be pressured further as DXY rallies

NEAR-TERM TRENDS STILL APPEAR TO HAVE LIMITED UPSIDE, DESPITE TECHNOLOGY HAVING OUTPERFORMED IN A WAY THAT’S LARGELY HOLDING UP INDICES LIKE SPX AND QQQ TO THE DETRIMENT OF EQUAL-WEIGHTED INDEX...

Mon December 11, 2023

Semiconductor breakout happening as yields try to break out higher

US EQUITIES AND TREASURIES TECHNICALLY LOOK TO BE NEAR RESISTANCE, WHILE THE US DOLLAR INDEX HAS BEGUN TO RALLY.  A MAJORITY OF THE MAJOR SECTORS ARE ALSO NOW RIGHT NEAR...

Tue November 14, 2023

US Equity indices achieve Breakout on very positive breadth

SPX, DJIA, RUSSELL 2000, DOW JONES TRANSPORTATION AVERAGE, AND THE EQUAL-WEIGHTED S&P 500 HAVE ALL JOINED QQQ IN BREAKING DOWNTRENDS FROM LATE JULY PEAKS.   NYSE BREADTH EXPANDED TO OVER 9/1...

Fri November 10, 2023

Despite underperformance to QQQ, Russell still premature to overweight

SPX AND QQQ LOOK TO BE PEAKING OUT FOLLOWING THE LAST 9 OF 10 DAYS OF RALLY, WHICH HAS BROUGHT QQQ UP TO FORMER PEAKS.  AS DISCUSSED PREVIOUSLY, TECHNOLOGY HAS...

Thu October 12, 2023

“Backing and Filling” has begun following first runup off Oct lows

US EQUITY MARKETS TECHNICALLY LOOK TO HAVE BOTTOMED AND ARE SLOWLY PROGRESSING OFF EARLY OCTOBER LOWS.  BOTH US DOLLAR ALONG WITH TREASURY YIELDS HAVE BACKED OFF IN RECENT DAYS FOLLOWING...

Wed October 11, 2023

Cycles along with geopolitical conflict suggest Gold strength

US EQUITY MARKETS TECHNICALLY LOOK TO HAVE BOTTOMED AND ARE SLOWLY PROGRESSING OFF EARLY OCTOBER LOWS.  BOTH US DOLLAR ALONG WITH TREASURY YIELDS HAVE BACKED OFF IN RECENT DAYS FOLLOWING...

Tue October 10, 2023

Broadening out in US Equities looks to have begun

To view my appearance today on CNBC's Squawk Box, please click here. US EQUITY MARKETS LOOK TO BE BOTTOMING IN THE HISTORIC “BEAR-MARKET KILLER” MONTH OF OCTOBER FOLLOWING OVERSOLD CONDITIONS...

Fri September 8, 2023

Cycles still show an immediate low might be premature

US EQUITY MARKETS REMAIN TRENDING LOWER AND A TEST OF AUGUST LOWS LOOKS INCREASINGLY LIKELY GIVEN THE ONGOING RESILIENCE IN TNX AND DXY.  S&P’s rally proved short-lived as September futures...

Wed August 16, 2023

Selling might not abate until post Jackson Hole; Top Retail names to consider technically

MARKETS HAVE LARGELY EXITED THE EARLY MONTH WINDOW WHEN A LOW WAS POSSIBLE.  WHILE A COUNTER-TREND SNAPBACK IS POSSIBLE AT ANY TIME, THE TREND REMAINS NEGATIVE IN THE SHORT RUN...