The extension of this week’s rally helped markets show greater than 5-8% gains, but has begun to change texture a bit as the week has come to a close.  The former outperformance in DJIA has shifted a bit towards cyclicals and Technology while Defensive issues...

QQQ playing catchup while Defensives underperform

Defensives give way again, as Technology holds strong

1 month ago Members Only: FSI Macro and FSI Pro LIVE Technical Stock Analysis - September 2022 Speaker: [Mark] Mark L. Newton, CMT Head of Technical Strategy Watch the Replay of the Webinar Watch the Replay of the Webinar [LIVE Technical Stock Analysis - September 2022] 3PM ET Wednesday September...

Defensives gaining ground as Technology weakens

The near-term could prove choppy for US Equities heading into this week’s FOMC meeting.  While there was some definite evidence late last week of $SPX, $QQQ stalling out as Technology reached short-term resistance, one can’t rule out a challenge of last Friday’s highs which might allow for a push to...

  • Daily Technical Strategy
Mon December 13, 2021

Defensives outperform while QQQ falls to multi-day lows

Technical Strategy Video: https://vimeo. com/656355183/a3e0c287d2 Equity index trends remain largely in consolidation mode and important to hold SPX 4612, QQQ-387.60 to avoid a selloff ahead of the Christmas holidayDefensives taking center stage, yet again with groups like Utilities, REITS, Staples leadingHealthcare remains one bright spot, having broken out of...

  • Daily Technical Strategy
Mon November 15, 2021

Defensives outperform as Yields, USD push higher ahead of Infrastructure Bill signing

Technical Strategy Video: https://vimeo. com/646229653/aaf1102f42 Trends, momentum remain bullish, and despite Monday’s minor dip, additional strength looks likely back to new highs for $SPX, $NDX, $DJIATreasury yields and US Dollar both strengthened ahead of Infrastructure Bill signing. Gains in both look to continue this week, although should prove short-livedDefensive...

  • Technical Strategy
Fri July 26, 2019

Swap Exposure to Cyclicals From Safety Stocks...NOW

It’s time for investors to position their portfolios for the change in leadership just beginning to take hold, and this means increasing exposure to the right sectors and groups in 2H19 and well into 2020. There is a burgeoning evidence of a market rotation away from safety stocks, such as...

  • Tom Lee's Equity Strategy
Fri July 26, 2019

'Hated' Rally of 2019 Faces Crucial FOMC Meeting Week

As just about anyone who isn’t living under a rock expects, the U.S. Federal Reserve Board is set to cut the Fed funds rate next Wednesday (for more on this see page 6). My anecdotal sense in talking with clients is that they are focusing on the last two rate...