2021 Technical Outlook Webinar replay (click here) - If you missed my 2021 Technical Outlook Webinar this past week, I’d encourage you to watch the replay. In addition to outlining the longer-term cycles I view as important, along with expectations for rates, currencies, and commodities, I also discuss the reasons why investors should be prepared for a 2-3 month pullback in Q1.

A Q1 pullback would set the stage for another upside move in 2021 - To be clear, I continue to view a Q1 equity pullback in the range of 7-10% to be a normal event that develops during most years and NOT the beginning of a major bear market correction. The longer-term 4-year cycle work I discussed during the webinar suggests equity markets are likely to move higher in 2021 following a temporary pullback in Q1.

Early signs the US dollar is beginning a temporary, risk-off, counter trend Q1 bounce - The decline in the US dollar since Q2 2020 has been one of many tailwinds for risk assets such as equities and specifically for cyclical stocks. In addition to the weekly momentum indicators I expect to peak in Q1, the behavior of the US dollar is likely to be an important ‘tell’ for risk assets. As I discussed in the webinar, the longer-term trend for the US dollar remains negative BUT a counter tren...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Macro subscription is required in order to access this content.

*Free trial available only on a monthly plan

Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You’ve reached your limit of 2 free monthly articles. Please enter your email to unlock 1 more articles.

Already have an account? Sign In

Want to receive Regular Market Updates to your Inbox?

I am your default error :)