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...

Fri December 1, 2023

SPX & many sectors have risen to levels that represent “Moment of Truth”

NEAR-TERM TRENDS FOR US EQUITIES MIGHT SEEM TO HAVE ACCELERATED ON FRIDAY’S POWELL SPEECH, BUT SPX REMAINS UNDER THE KEY 4600 LEVEL.  A MAJORITY OF THE MAJOR SECTORS ARE ALSO...

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...

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...

Wed November 1, 2023

VIX cooling + Spec futures flipping = incremental signs selling exhausted. Still key macro week

We discuss: We discuss how several headwinds are left behind as Oct comes to a close.  And the key to watch in Nov is the relationship between stocks and bonds....

Mon October 9, 2023

Israel war adds geopolitical uncertainty, impacts likely lower rates and Fed more on pause. Important week ahead

Over the weekend, war erupted in Israel-Gaza with the invasion by Hamas. The conflict is still ongoing and considerable uncertainty remains to the extent of the scope and duration. The...

Fri September 29, 2023

September Ends in ‘Vortex of Pain,’ But Q4 Shows Promise

“Sometimes we stare so long at a door that is closing that we see too late the one that is open.” ~ Alexander Graham Bell Good evening: Markets remain in...

Wed August 30, 2023

4 reasons probabilities favor S&P 500 gains 2%-3% in September.

Due to a travel disruption there will be no macro minute video 8/29. Barring a stupendous rally in the next 2 days (could happen), August will end up a down...

Fri August 25, 2023

Stocks End Three-Week Losing Streak Despite Challenges From Surging Yields, Seasonality

“Science is the great antidote to the poison of enthusiasm and superstition.” ~ Adam Smith Good evening: August has been a challenging month, and we opened this week with the...

Mon August 21, 2023

SPX, QQQ bounce to near resistance & Yields do not look to have peaked

US EQUITY MARKETS STILL LIKELY COULD MAKE FINAL DOWNSIDE PUSH TO 4300-4330, AS TRENDS REMAIN NEGATIVE AND YIELDS HAVE NOT YET PEAKED.  HOWEVER, RISK/REWARD FOR BEING SHORT IS STARTING TO...

Mon August 21, 2023

We see this selloff as likely ending at or before Fed Chairs speech at Jackson Hole on 8/25

The S&P 500 is down -5% since the start of the month, and over the past week or two, new concerns have emerged in the market. Among these are the...

Thu August 3, 2023

5 Reasons why Treasury Yields likely stall out into next week

MARKETS LOOK TO HAVE TURNED DOWN ON SCHEDULE.  HOWEVER, I SUSPECT THIS WON’T PROVE EASY FOR MARKET BEARS AND CYCLES SHOW A POTENTIAL TURN 8/7-8/9, WHICH I SUSPECT WILL BE...