Tue April 2

Minor Bond yield breakout results in SPX selloff to near support

I CONTINUE TO SEE THE US STOCK MARKET AS BEING ATTRACTIVE, TECHNICALLY SPEAKING, AND DO NOT FEEL SUFFICIENT RISK IS THERE TO WARRANT A SELLOFF AT THIS TIME. WHILE PRICE...

Thu February 1

AAPL $180 level is the “Line in the Sand” for investors

PULLBACK IN SPX AND $QQQ HAS NOT DAMAGED THE UPTREND HEADING INTO THE BUSIEST WEEK OF EARNINGS FOR THE QUARTER, AND S&P FUTURES LOOK TO BE INDICATED HIGHER FOLLOWING EARNINGS...

Wed January 31

SPX pullback should prove short-lived;  Healthcare deserves an Overweight

SPX AND QQQ LOOK TO HAVE BEGUN MINOR PULLBACKS WITH WEDNESDAY’S DECLINE, WHICH HAPPENED DURING A SIGNIFICANT WEEK OF FOMC MEETING, “MAGNIFICENT 7” EARNINGS AS WELL AS CYCLE CONFLUENCE.  HOWEVER,...

Fri January 5

FSI Sector Allocation - January 2024 Update

Please CLICK HERE to download the January sector allocation report in PDF format. Welcome to 2024. First and foremost, I hope everyone had a delightful holiday season. Since the release...

Fri November 17, 2023

Airlines and Medical Devices are two groups which likely show further strength into late November

NO CHANGE - NEAR-TERM TREND FOR US EQUITIES IS BULLISH, AND LIKELY SHOULD PUSH UP INTO THE THANKSGIVING HOLIDAY.  TREASURY YIELDS AND US DOLLAR MIGHT WEAKEN A BIT FURTHER OVER...

Tue October 3, 2023

Sentiment getting more fearful as SPX nears the “Moment of Truth”

US EQUITY MARKETS SHOULD BE NEARING AN AREA OF SUPPORT, BUT YET TUESDAY’S DECLINE WAS MORE NEGATIVE THAN POSITIVE TECHNICALLY SPEAKING, AND MCCARTHY’S OUSTER POST MARKET CLOSE LEAVES MARKET WITH...

Tue June 6, 2023

Biotechnology starting to lead within Healthcare

TREND BULLISH - EXPECT RALLY UP TO SPX 4325 BEFORE POSSIBLE MINOR STALLOUT;  PULLBACKS SHOULD BE BUYABLE WHEN THEY OCCUR FOR ADDITIONAL STRENGTH IN JUNE. A continued broadening out in...

Tue March 21, 2023

Healthcare should start to “kick into gear”

SPX rally has successfully regained 4000 at a time when bearish sentiment indicators suggested few thought such a feat might be possible.  Technology’s comeback has been joined by a welcome...

Fri March 3, 2023

Lows very likely in place as SPX gains further ground & Healthcare shows Leadership

The near-term picture has improved quite a bit technically with Friday’s upside follow-through on strong breadth after Thursday’s sharp reversal.  Incredibly enough, SPX and NASDAQ have managed to recoup 1/3...

Fri March 3, 2023

LIVE Technical Stock Analysis March 2023

Mark will be conducting a live Webinar session for the most popular stocks requested by our subscribers. Mark will give his quick take (45 sec-1-minute of analysis) and consider several...

Tue January 31, 2023

Healthcare should soon hit support and reverse in February

January’s strong gains suggest that the bullish Pre-election year seasonality trends likely outweigh the bearish forecasts about how dismal earnings should be, and the NASDAQ managed to log its best...

Wed January 11, 2023

Thursday’s CPI release should prove pivotal for markets

Equity markets have enjoyed a bit more bounce than expected into Thursday’s CPI report, but if the downward bias of cycles into late January along with the formation of intra-day...