Thu February 8

Recent sub-par breadth won’t matter if Healthcare, Financials keep rising

DIVERGENCE BETWEEN THE TOP PERFORMING STOCKS WITHIN TECHNOLOGY AND THE BROADER MARKET COULD EVENTUALLY LEAD STOCK INDICES TO CONSOLIDATE.  YET, CURRENTLY, WE’RE SEEING THE OPPOSITE, AS GROUPS LIKE INDUSTRIALS AND...

Thu January 18

Technology’s dominance can only carry so far

NEAR-TERM TRENDS APPEAR CHOPPY, DESPITE NASDAQ HAVING PUSHED BACK TO NEW ALL-TIME HIGH TERRITORY ON THURSDAY.  TECHNOLOGY’S DOMINANCE HAS BEEN A HUGELY SUCCESSFUL FACTOR IN HELPING TO BUOY INDICES DESPITE...

Fri September 15, 2023

Japan’s NKY breaks out, while US Semiconductors & Homebuilders weaken

US EQUITY INDICES AND TREASURY YIELDS REMAIN QUITE CHOPPY, BUT THE WEAKNESS COINCIDING WITH YIELDS PUSHING UP STILL LOOKS TO EXTEND INTO NEXT WEEK.  TRENDS AND MOMENTUM ARE SHORT-TERM NEGATIVE,...

Mon August 14, 2023

Treasury yields remain the key for Stocks in the near-term

MARKETS REMAIN IN A WINDOW WHERE A CHANGE OF TREND SHOULD HAPPEN TECHNICALLY, BUT SPX REQUIRES MORE PROOF TO HAVE CONVICTION THAT THIS IS IN PLACE.  THE DECLINE IN US...

Thu August 10, 2023

Technical reasons why an Equity low is near

Schedule Update: I will be traveling on Friday (8/11) and there will be no Daily Technical Report nor Technical Video published. Daily technical strategy will resume on Monday 8/14. MARKETS...

Wed July 12, 2023

Treasury rally sparks Gains in Metals, while Semis break out

TREND BULLISH- EXPECT RALLY UP TO SPX 4515-25 INITIALLY IN THE SHORT RUN,  WHILE QQQ LIKELY TO REACH 375-6 BEFORE POSSIBLE STALLING OUT;  AT PRESENT, NEAR-TERM TRENDS REMAIN BULLISH Wednesday’s...

Fri June 23, 2023

Semiconductor pullback look buyable next week

TREND BULLISH- PULLBACK SHOULD BE BUYABLE IN SPX AND QQQ EARLY NEXT WEEK AFTER THE FIRST NEGATIVE WEEK SINCE EARLY MAY A continued decline took indices down further in Friday’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...

Tue April 25, 2023

SOX breakdown could bring weakness to Technology in May

SPX AND $QQQ- THE NEAR-TERM TREND TURNED BEARISH ON TUESDAY’S BREAK;  HOWEVER, SHORT-TERM TRADING LOWS MIGHT MATERIALIZE BY END OF WEEK.  Tuesday’s decline looked important and negative for US indices...

Wed April 19, 2023

Medical Devices breakout should give Healthcare a further boost

I WILL NOT BE PUBLISHING FRIDAY, 4/21 DUE TO TRAVEL PLANS. THANK YOU FOR YOUR UNDERSTANDING. https://youtu. be/fJHwBQMR5v8 No evidence of any change of trend, and repeated attempts at taking...

Tue March 21, 2023

Healthcare should start to “kick into gear”

SPX rally has successfully regained 4000 at a time when bearish sentiment indicators suggested few thought such a feat might be possible.  Technology’s comeback has been joined by a welcome...

Fri March 3, 2023

Lows very likely in place as SPX gains further ground & Healthcare shows Leadership

The near-term picture has improved quite a bit technically with Friday’s upside follow-through on strong breadth after Thursday’s sharp reversal.  Incredibly enough, SPX and NASDAQ have managed to recoup 1/3...