Thu October 26, 2023

Private-Sector Intelligence After Israel-Gaza

There seems to be widespread agreement that the horrific attacks on Israel on October 7, 2023 could only have taken place after a catastrophic intelligence failure. The attacks were so...

Fri March 31, 2023

March 2023 Upticks

NOTE: THIS UPTICKS REPORT WILL BE IN REPLACE OF MY DAILY TECHNICAL STRATEGY PIECE TODAY (3/31/2023). UPDATE Happy Spring, and the Bull is Back??!! 1st Quarter 2023 has come to...

Tue February 28, 2023

Industrials set for above-average outperformance in March

The choppy near-term consolidation over the last week remains ongoing as February was officially closed out with SPX lower by nearly -2.5%.  Yet, downside likely should be contained near 3920-30,...

Fri February 10, 2023

Aerospace/Defense nears breakout while Energy picking up steam

The near-term technical structure has worsened a bit this week with the break of 4100.  While I ultimately expect any further pullback to prove mild and not undercut 3885 before...

Wed October 12, 2022

Transports along with broader Industrials space strengthening

Calm before the storm?   SPX and most major indices seem to have stalled out to the downside ahead of Thursday’s CPI reading which is considered by many to be the...

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...

Mon July 11, 2022

What Our Clients Are Talking About Behind The Scenes

FLASH COMMENTS: Last week, I did my deep dive into my single stock quantitative selection model that I call ERM and was looking quite closely at the earnings revisions of...

Mon June 13, 2022

What Our Clients Are Talking About Behind The Scenes

At the start of last week, I released my updated sector recommendations (Sectors Update) and Whispers (Previous Whispers) where I continued to suggest that my work had not been supporting...

Fri June 10, 2022

Markets Sell-Off on Hot Inflation, Bad Consumer Sentiment

Good Evening: Markets were thrashed on Friday by a white-hot CPI print and also the lowest level for the University of Michigan Consumer Sentiment survey in the entire history of...

Fri June 10, 2022

My Earnings Work Continues To Show Deterioration, CPI Puts Water on Dovish Fed Pivot

The market was hit with two body blows today, the first was the hotter than expected CPI Print which came in at 8.6% on expectations of 8.3%. The second blow...

Tue May 31, 2022

What Our Clients Are Talking About Behind The Scenes

Well, the consecutive down week streak ended last week as all the U.S. major indexes rallied.  As we have been stating, a bounce was coming so finally getting an up...

Mon February 28, 2022

Aerospace & Defense along with Energy showing strength

Monday’s churning still leaves markets in bottoming process as the month of February comes to a close.  While near-term price action remains choppy, rallies are expectedEnergy has shown some change...