Tue January 23

Are the Defensives coming back to life?

SPX AND QQQ AT NEW ALL-TIME HIGH TERRITORY HAS NOT YET BEEN FOLLOWED BY SIMILAR MOVEMENT FROM RUSSELL 3K, VALUE LINE AVERAGE, AND DJ TRANSPORTATION AVG, AND THIS DIVERGENCE WILL...

Fri October 6, 2023

Are the Lows in, or Not? Let’s review

US EQUITY MARKETS ARE IN THE PROCESS OF BOTTOMING OUT AFTER HAVING ENTERED THE “BEAR KILLER” MONTH OF OCTOBER FOLLOWING OVERSOLD CONDITIONS DURING A TIME OF SEASONAL TAILWINDS AND BEARISH...

Thu August 31, 2023

Upticks - August 2023

UPTICKS LAGGARDS MEANINGFUL MOVEMENT WORTH DISCUSSING AMONG CURRENT UPTICKS HOLDINGS BOSTON SCIENTIFIC ($BSX- $53.95) Source: Trading View BOSTON SCIENTIFIC ($BSX- $53.95) was added to my UPTICKS list back on 2/22/23,...

Mon March 27, 2023

Crude oil entering best three-month stretch of the year

SPX, DJIA and NASDAQ remain largely range-bound near-term as part of their uptrend from 3/13.  This sideways “grind” in prices isn’t necessarily bearish; However, a move back above QQQ-314 and...

Wed January 18, 2023

Defensive groups not offering much Safety as stocks and bond yields break down in tandem

Over the last few days it’s been discussed how markets were nearing resistance.  Yet, is it correct to think that “bad news” was truly bad news for stocks if rates...

Thu April 14, 2022

Consumer Staples on the verge of more outperformance

Thursday’s decline leaves prices largely unchanged from this past Monday’s close, three days ago.  Thus, downtrends have not been arguably erased, even over the near-termSector performance shows Consumer Staples starting...

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...