Tue December 19, 2023

Best Discretionary stocks to favor technically for bounce into 2024

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...

Tue May 16, 2023

Retail continues to be a drag on Discretionary

TREND STILL BULLISH -  EXPECTING UPCOMING PUSH BACK ABOVE SPX-4200 – While many would correctly call the sideways grinding in US Indices like SPX neutral since early February (and prices...

Wed November 24, 2021

Stocks still in good shape, but the market certainly feels like a Turkey

Technical Strategy Video: https://vimeo. com/649674638/8ad6077679 Trends and momentum have shown some minor deterioration lately, and could experience further weakness in the next 1-2 weeks, despite the bullish seasonalityBreadth and...

Thu November 18, 2021

Communication Svcs violating support makes Media, Telecom, still areas to avoid

Technical Strategy Video: https://vimeo. com/647533513/8d2ae8cd18 QQQ push to new highs has not been followed by SPX. Breadth finished nearly 2/1 negative, and new lows are expanding; Momentum is diverging...

Thu November 4, 2021

Ongoing Melt-Up in Stocks broadening

Technical Strategy Video (Recorded Thursday, November 4th): https://vimeo. com/642492084/92c3587911 Melt-up in US Stocks continuing to spread to different sectors, with Industrials, Retailing and many Hotels pushing back to new...