Tue February 13

Black Swanning, Part Deux

A daily market update from FS Insight — what you need to know ahead of opening bell “You can avoid reality, but you cannot avoid the consequences of avoiding reality.”...

Fri February 9

Equal-weighted SPX looks to be on the verge of turning up vs. SPX

ANOTHER STELLAR WEEK FOR STOCKS WHICH SHOWED INCREASING EVIDENCE OF A BROADER-BASED RALLY BEING CLOSER TO GETTING UNDERWAY.  AS MANY KNOW FROM THE PAST MONTH, THE SPX AND QQQ RALLY...

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...

Fri February 2

Broadening out of market at new highs will be important

DIVERGENCE BETWEEN THE TOP PERFORMING STOCKS WITHIN TECHNOLOGY AND THE BROADER MARKET GREW EVER MORE EXTREME THIS PAST WEEK.  HOWEVER, THIS DOESN’T NECESSARILY IMPLY A LARGE SELLOFF IS IMMINENT.  A...

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...

Fri January 12

Can Stocks Continue This Week's Advance?

As Fundstrat Head of Research Tom Lee has frequently written, what happens on the FIRST FIVE TRADING DAYS of the year tends to show how the rest of the year...

Thu December 21, 2023

Clean Energy has been benefiting as interest rates have fallen

TECHNICALLY, THE NEAR-TERM PATTERN REMAINS STRETCHED TO THE UPSIDE AND IT’S HARD TO YET DECLARE THAT WEDNESDAY’S QUICK DECLINE WAS JUST A ONE-DAY EVENT.  PULLBACKS INTO FRIDAY OF THIS WEEK...

Thu December 14, 2023

SPY has violated its uptrend vs. TLT showing how strong the Treasury rally is

TECHNICALLY THE BROAD-BASED PARTICIPATION HIGHER IN MULTIPLE SECTORS IN THE LAST MONTH IS CERTAINLY A POSITIVE HEADING INTO 2024.   WHILE NEAR-TERM RISK/REWARD DOESN’T SEEM FAVORABLE FOR THOSE WITH TIMEFRAMES LESS...

Wed November 29, 2023

Technology and Financials both nearing prominent resistance

Due to a technical issue, I was unable to show some of the charts in the video. The remainder of the charts can be found inside my report below. Sorry...

Mon November 27, 2023

Will the Buying Spree Continue?

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

Wed November 1, 2023

Short-term Equity and Treasury lows are in place, but intermediate-term challenges remain

SPX AND QQQ HAVE MADE THEIR SHORT-TERM BOTTOM AS OF LAST FRIDAY AND ARE NOW LIKELY ON A THREE-WAVE BOUNCE INTO LATE NEXT WEEK.   INTEREST RATES CAN DROP FURTHER INTO...

Thu September 7, 2023

Increasing odds of a retest of August lows, which should prove temporary

US EQUITY MARKETS LOOK TO HAVE MADE SHORT-TERM LOWS NEAR INITIAL SUPPORT.  HOWEVER, A FEW TECHNICAL CONCERNS ARGUE FOR ANY BOUNCE TO PROVE SHORT-LIVED BEFORE A RETEST AND MINOR BREAK...