Wed November 29

Technology and Financials both nearing prominent resistance

Due to a technical issue, I was unable to show some of the charts in the video. The remainder of the charts can be found inside my report below. Sorry...

Mon November 27

Will the Buying Spree Continue?

NEAR-TERM TRENDS FOR US EQUITIES ARE BULLISH, BUT GETTING EXTENDED AS PART OF NEGATIVE MOMENTUM CONDITIONS ON WEEKLY AND MONTHLY CHARTS, IN MY VIEW.  TREASURY YIELDS AND US DOLLAR SHOULD...

Wed November 1

Short-term Equity and Treasury lows are in place, but intermediate-term challenges remain

SPX AND QQQ HAVE MADE THEIR SHORT-TERM BOTTOM AS OF LAST FRIDAY AND ARE NOW LIKELY ON A THREE-WAVE BOUNCE INTO LATE NEXT WEEK.   INTEREST RATES CAN DROP FURTHER INTO...

Thu September 7

Increasing odds of a retest of August lows, which should prove temporary

US EQUITY MARKETS LOOK TO HAVE MADE SHORT-TERM LOWS NEAR INITIAL SUPPORT.  HOWEVER, A FEW TECHNICAL CONCERNS ARGUE FOR ANY BOUNCE TO PROVE SHORT-LIVED BEFORE A RETEST AND MINOR BREAK...

Wed July 26

Industrials and Banks save the day despite Tech weakness post FOMC

MARKETS HAVE ENTERED A WINDOW FOR POTENTIAL SHORT-TERM TREND CHANGE, BUT DO NOT EXPECT MUCH SELLING UNTIL AUGUST.  NEAR-TERM, AN SPX-4500-4620 RANGE MIGHT HOLD INTO LAST COUPLE DAYS OF JULY...

Thu July 20

Defensives finally strengthening as key Cycle date nears

MARKETS HAVE ENTERED A WINDOW FOR POTENTIAL SHORT-TERM TREND CHANGE, BUT DO NOT EXPECT MUCH SELLING UNTIL AUGUST.  NEAR-TERM, AN SPX-4500-4600 RANGE MIGHT HOLD INTO LAST COUPLE DAYS OF JULY...

Wed July 19

Solar Energy starting to make a comeback

SPX STANDS A GOOD CHANCE OF PEAKING OUT IN THE FINAL DAYS OF JULY, WITH KEY TURN DATES POSSIBLE THIS FRIDAY, 7/21 AND/OR 7/24.  AT PRESENT, THE TREND IS STRETCHED...

Tue May 2

LIVE Technical Stock Analysis May 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...

Fri April 28

April Closes Higher, S&P 500 Up 9% In 2023

Good evening: Trading is over for April, with the SPX up about 1.46% for the month and the Nasdaq up 0.04%, in line with historical norms. Although markets did not...

Tue March 21

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...

Mon March 20

Stabilization and rally in the Banks looks likely post FOMC meeting

Similar to last week’s gains, seeing lopsided participation out of the Cyclicals while Tech is largely absent does not equate to the market being vulnerable.  Conversely, if late 2021 taught...

Fri March 17

“Metal Health will drive you mad” Further strength likely in Metals

Despite Friday’s drawdown, US Equity indices are higher on the week with the NASDAQ 100 having enjoyed the best week of the year.  Stocks like $AAPL broke out to new...