-
C
-
$118.20
-
+0.63%
-
$117.46
-
$119.35
-
$117.00
Prices as of 2026-01-16 16:20:57 ET
Ticker Appearances
First to Market
Trump Takes His Own Swipe at the House of Cards
CHART OF THE DAY GOOD MORNING! President Trump's populist focus on affordability has shifted to the credit-card industry and has sent the shares of major...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Industrials, Consumer Discretionary joining Financials in strong bounce
NEAR-TERM TRENDS ARE BULLISH FOR SPX, AND THE EXTENT TO WHICH BOTH INDUSTRIALS AND CONSUMER DISCRETIONARY HAVE BEGUN TO TURN HIGHER TO JOIN FINANCIALS LOOKS...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Financials and DJ Transportation Average breakouts look meaningful
EQUITY MARKETS HAVE REACHED ALL-TIME HIGHS (QQQ -0.11% AS OF TUESDAY’S CLOSE, ^SPX WITHIN 1%), BUT DOES THIS MEAN SELL? US Equity trends remain bullish, and QQQ -0.11% ...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
First Word
Important macro week ahead with CPI, PPI and also 4Q24 earnings season starts with $JPM and others.
VIDEO: We discuss how the macro has muddled in the past few weeks stemming from multiple factors but the fundamentals remain intact. Technicals however remain...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Banks' losses aren’t that concerning technically following August’s gains
FOR THOSE WHO MISSED IT, YOU CAN VIEW MY YAHOO FINANCE APPEARANCE (09/10) HERE. SHORT-TERM TRENDS FOR US EQUITIES REMAIN NEGATIVE AND INSUFFICIENT TECHNICAL STRENGTH...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Four major sectors could close at new all-time highs this week while NVDA slumps
THE RECENT STALLING OUT IN MOST US EQUITY INDICES OVER THE LAST WEEK HASN’T TAKEN AWAY FROM THE APPEAL OF THE CURRENT RALLY FROM EARLY...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
What’s needed to think a Market Low could be imminent, or is in place
BREAKDOWN IN SPX AND QQQ HAVE POSTPONED AN IMMEDIATE TECH-LED REBOUND, BUT EVEN AFTER WEDNESDAY’S WEAKNESS THE NEAR-TERM SELLOFF LIKELY DOES NOT HAVE MORE THAN...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Can NVDA save the market?
US EQUITY AND TREASURY MARKETS LIKELY BOTTOM IN THE NEXT 1-2 WEEKS AND BREAKS OF CURRENT DOWNTREND LINES WOULD SUGGEST AN INITIAL BOTTOM IS IN...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
First Word
Stocks up 65% of the past 20 trading days, highest since Nov 2021, and a reason it is starting to "feel like a bull market." We expect 1Q23 EPS to exceed expectations, likely 2H23 trough in EPS = supporting strengthening breadth.
The S&P 500 is up 8% YTD (~+20% in the past 6 months) and at this pace, is annualizing returns of ~30% -- that is...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Financials strength should be a positive for the back half of April
Despite the mild pullback to take away some of Thursday’s strong gains, this week managed to close firmly positive for both the SPX and DJIA...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
First to Market
Trump Takes His Own Swipe at the House of Cards
CHART OF THE DAY GOOD MORNING! President Trump's populist focus on affordability has shifted to the credit-card industry and has sent the shares of major...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Industrials, Consumer Discretionary joining Financials in strong bounce
NEAR-TERM TRENDS ARE BULLISH FOR SPX, AND THE EXTENT TO WHICH BOTH INDUSTRIALS AND CONSUMER DISCRETIONARY HAVE BEGUN TO TURN HIGHER TO JOIN FINANCIALS LOOKS...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Financials and DJ Transportation Average breakouts look meaningful
EQUITY MARKETS HAVE REACHED ALL-TIME HIGHS (QQQ -0.11% AS OF TUESDAY’S CLOSE, ^SPX WITHIN 1%), BUT DOES THIS MEAN SELL? US Equity trends remain bullish, and QQQ -0.11% ...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
First Word
Important macro week ahead with CPI, PPI and also 4Q24 earnings season starts with $JPM and others.
VIDEO: We discuss how the macro has muddled in the past few weeks stemming from multiple factors but the fundamentals remain intact. Technicals however remain...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Banks' losses aren’t that concerning technically following August’s gains
FOR THOSE WHO MISSED IT, YOU CAN VIEW MY YAHOO FINANCE APPEARANCE (09/10) HERE. SHORT-TERM TRENDS FOR US EQUITIES REMAIN NEGATIVE AND INSUFFICIENT TECHNICAL STRENGTH...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Four major sectors could close at new all-time highs this week while NVDA slumps
THE RECENT STALLING OUT IN MOST US EQUITY INDICES OVER THE LAST WEEK HASN’T TAKEN AWAY FROM THE APPEAL OF THE CURRENT RALLY FROM EARLY...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
What’s needed to think a Market Low could be imminent, or is in place
BREAKDOWN IN SPX AND QQQ HAVE POSTPONED AN IMMEDIATE TECH-LED REBOUND, BUT EVEN AFTER WEDNESDAY’S WEAKNESS THE NEAR-TERM SELLOFF LIKELY DOES NOT HAVE MORE THAN...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Can NVDA save the market?
US EQUITY AND TREASURY MARKETS LIKELY BOTTOM IN THE NEXT 1-2 WEEKS AND BREAKS OF CURRENT DOWNTREND LINES WOULD SUGGEST AN INITIAL BOTTOM IS IN...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
First Word
Stocks up 65% of the past 20 trading days, highest since Nov 2021, and a reason it is starting to "feel like a bull market." We expect 1Q23 EPS to exceed expectations, likely 2H23 trough in EPS = supporting strengthening breadth.
The S&P 500 is up 8% YTD (~+20% in the past 6 months) and at this pace, is annualizing returns of ~30% -- that is...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Financials strength should be a positive for the back half of April
Despite the mild pullback to take away some of Thursday’s strong gains, this week managed to close firmly positive for both the SPX and DJIA...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Industrials, Consumer Discretionary joining Financials in strong bounce
NEAR-TERM TRENDS ARE BULLISH FOR SPX, AND THE EXTENT TO WHICH BOTH INDUSTRIALS AND CONSUMER DISCRETIONARY HAVE BEGUN TO TURN HIGHER TO JOIN FINANCIALS LOOKS...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Financials and DJ Transportation Average breakouts look meaningful
EQUITY MARKETS HAVE REACHED ALL-TIME HIGHS (QQQ -0.11% AS OF TUESDAY’S CLOSE, ^SPX WITHIN 1%), BUT DOES THIS MEAN SELL? US Equity trends remain bullish, and QQQ -0.11% ...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
First Word
Important macro week ahead with CPI, PPI and also 4Q24 earnings season starts with $JPM and others.
VIDEO: We discuss how the macro has muddled in the past few weeks stemming from multiple factors but the fundamentals remain intact. Technicals however remain...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Banks' losses aren’t that concerning technically following August’s gains
FOR THOSE WHO MISSED IT, YOU CAN VIEW MY YAHOO FINANCE APPEARANCE (09/10) HERE. SHORT-TERM TRENDS FOR US EQUITIES REMAIN NEGATIVE AND INSUFFICIENT TECHNICAL STRENGTH...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Daily Technical Strategy
Four major sectors could close at new all-time highs this week while NVDA slumps
THE RECENT STALLING OUT IN MOST US EQUITY INDICES OVER THE LAST WEEK HASN’T TAKEN AWAY FROM THE APPEAL OF THE CURRENT RALLY FROM EARLY...
This report is accessible to FSI Pro, FSI Macro memberships. Sign up Here!
You currently can unlock 2 reports this month.
Current usage: Macro (0/2)Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Visitor: 1d52ba-01fe44-5042c1-de8454-939b9d Array ( [cookie] => 1d52ba-01fe44-5042c1-de8454-939b9d [current_usage] => 0 [max_usage] => 2 [current_usage_crypto] => 0 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [user_id] => [IP] => 216.73.216.51 )
Articles Read 0/2
🎁 Unlock 1 extra article by joining our Community!
Stay up to date with the latest articles. You’ll even get special recommendations weekly.
Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d
Already have an account? Sign In 1d52ba-01fe44-5042c1-de8454-939b9d


