Tue July 11, 2023

Energy breakout makes this sector a lot more appealing

TREND BULLISH - EXPECT RALLY UP TO SPX 4550 INTO JULY EXPIRATION.  A LOWER THAN EXPECTED CPI PRINT COULD HELP SPX SURPASS 4458 WHICH WOULD HELP JUMPSTART THIS MOVE. Overall,...

Mon January 30, 2023

Crude & Natural Gas should be nearing trading lows

The near-term pullback in S&P to kick off the last couple days of January trading doesn’t appear too serious, and it’s still likely that SPX should finish with strong gains...

Fri January 20, 2023

Natural Gas looks close to bottoming out, technically

The turn back higher Friday occurred on fairly broad-based participation with an even more pronounced level of volume into Up vs Down stocks.  Yet, markets seem to be at a...

Thu January 5, 2023

Pre-Election Year seasonality suggests buying into late January weakness might make sense

The near-term trends look to be giving way, as per $QQQ’s breakdown to new multi-day lows as of Thursday’s close.  While SPX has not officially broken 3800, it won’t take...

Fri September 16, 2022

Transports nearing 50% retracement of 2020-2021 rally

September’s Triple Witching Friday close at multi-week lows is particularly negative for the prospects of a rally, and further selling still looks likely over the next couple weeks to likely...

Tue September 6, 2022

Treasury Yields- Breakout? Or Fakeout?

The failure of $SPX to turn up immediately is a bit disconcerting given my short-term Cycle projection into mid-September, and it’s looking increasingly likely that this cycle will now invert...

Fri August 12, 2022

Natural Gas & NIKKEI both look appealing for gains

The persistent melt-up for US Equities has been far more resilient than I expected to end the week, showing little to no evidence of turning lower.  Prices have escalated over...