Mon April 1

Materials sector raised to Overweight as commodity rally gains momentum

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...

Wed February 7

MSCI World index has moved back to new all-time highs

DIVERGENCE BETWEEN THE TOP PERFORMING STOCKS WITHIN TECHNOLOGY AND THE BROADER MARKET COULD EVENTUALLY LEAD STOCK INDICES TO CONSOLIDATE.  YET, CURRENTLY, WE’RE SEEING THE OPPOSITE, AS GROUPS LIKE INDUSTRIALS AND...

Wed June 21, 2023

Commodity rally looks to be underway

TREND BULLISH- EXPECT THAT MINOR WEAKNESS IS BUYABLE INTO END OF WEEK AND PROVIDES SOME STRENGTH INTO END OF MONTH AND INTO MID-JULY.  UNDER SPX 4300 REPRESENTS THE FIRST SIGN...

Wed April 26, 2023

Equity markets bank into "bunker mode" in front of May FOMC but ATH in unemployment claims for over $200k earners = far softer wage growth ahead. April 2023 rebalance "Granny shots" net -3 (+7, -10).

Reminder, tune in this coming Thursday to an important webinar ___________________________________GRANNY SHOTS APRIL QUARTERLY REBALANCE TODAySEE BELOW FOR ADDS AND DELETES ___________________________________ Equity markets came under selling pressure on Tuesday,...

Mon January 30, 2023

Bond and equity volatilities at lowest levels since 2021 = supportive >20% rise in 2023. Updating "Granny shots" +12 adds (-12 deletes). 2023 YTD +39bp outperformance. 2022 +395bp outperformance. List adds attached.

The most important event in the coming week is the Feb FOMC decision (2/1). We will have more comprehensive thoughts on Wednesday, but as many are aware, we expect the...

Tue September 20, 2022

What Our Clients Are Talking About Behind The Scenes

FLASH COMMENTS: I am sure everyone was quite happy when Friday ended last week after the sharp move lower in the U.S. equity market.  All 11 Sectors (GICS L-1) were...

Mon April 11, 2022

Live Technical Analysis March 2022

Given the ongoing geopolitical uncertainty and Fed policy concerns, utilizing technical analysis in one’s investment process is more important than ever. Bring your market-related ideas, stocks/ETF’s of interest, and Mark...

Thu March 24, 2022

Materials still an overweight as Steel pushes back to new highs

US equities bounce continues, but is nearing upside price targets for SPX and QQQSLX has just broken out to new yearly highs which bodes well for continued strengthMaterials 2021 relative...

Fri April 16, 2021

COVID-19 UPDATE: Israel daily cases (per 1mm) now 26 vs 952 (Jan). ND and SD could see "obliteration" by June. Oil prices key to direction of Epicenter trade...

The lag between penetration of vaccines and cases falling is due to a few factors including the fact that vaccines take time to become effective.  And the broader fact, a...

Wed April 14, 2021

COVID-19 UPDATE: Multiple reasons J&J vaccine "pause" not a recovery setback. Epicenter stocks significantly underperformed since mid-March, but EPS revisions = good and Technicals, while damaged, are still positive

3 Deletions: $PBCT, $NVT, $VNO 13 Additions: $AZO, $HOG, $GRMN, $MGM, $WH, $GPS, $LB, $VIRT, $AGCO, $OC, $UBER. $EXP, $NUE 35 "POWER TRIFECTA" STOCKS IDEAS: Consumer Discretionary: $AZO, $HOG, $GRMN,...

Tue April 13, 2021

COVID-19 UPDATE: Global cases within 8% of all-time highs, even as USA down 80%. Energy down 8 of the last 10 days, in past 20 years >8 of last 10 days point to strong 3M gains

But as the global case count below shows, COVID-19 is still spreading wildly and prolifically across the World.  In fact, the 7-day avg cases of 670,000 (and rising rapidly) is...

Mon April 12, 2021

COVID-19 UPDATE: Michigan COVID-19 hospitalizations could surge to new highs in coming weeks. S&P 500 gains YTD explained by +6.4% revisions to 2021 EPS by Street

Is there a common thread to explain this? I am not entirely clear. And of these states, MI seems to be experiencing the worst of the surges. Gov Whitmer has...