Mon March 11

Key points to reiterate into CPI

CATCH ME ON FOX BUSINESS NEWS WITH MARIA BARTIROMO, TUESDAY MORNING (3/12) AT 8:20 AM EST - 9 AM, DISCUSSING TECHNICAL TRENDS ALONG WITH CPI. https://vimeo. com/922249851/592d2a1b34? share=copy I CONTINUE...

Mon July 31, 2023

Copper breaks out while Crude nears initial upside target

MARKETS HAVE ENTERED A WINDOW FOR POTENTIAL SHORT-TERM TREND CHANGE, BUT MIGHT VERY WELL PROVE SHORT-LIVED AND NOT UNDERCUT 4500 RIGHT AWAY.  8/7-8/9 LOOKS IMPORTANT FOR A POSSIBLE TURN.  ULTIMATELY,...

Fri June 16, 2023

Stocks’ Continued Strength Bodes Well For 2nd Half

"An investment in knowledge pays the best interest." — Benjamin Franklin Good evening: For months, our Tom Lee has said inflation would fall throughout 2023 and the Federal Reserve would...

Thu May 18, 2023

SPX breakout to new 2023 highs should help rally extend a bit more; Favor Homebuilders

SPX TREND BULLISH BUT MIGHT ENCOUNTER RESISTANCE AT 4235-4250 and maximum lift to 4325 before consolidation sets in. Wednesday’s breakout wasn’t noticed by many, but set the stage for Thursday’s...

Thu April 13, 2023

Copper breakout paves the way for 2Q gains

Thursday’s snapback gains seemed to be a mirror opposite of Wednesday’s trading, but look to have decidedly broken the near-term 6-7 day period of consolidation to the upside. Overall, the act...

Fri February 24, 2023

US Dollar and Rates pushing up have delayed the rally

THE IMMEDIATE REVERSAL IN YIELDS AND US DOLLAR ON FRIDAY HAS DELAYED EQUITY MARKETS FROM TURNING HIGHER AS QUICKLY AS ANTICIPATED.  Technically speaking, both $DXY along with charts of $TYX,...

Wed February 15, 2023

Commodities under temporary pressure with rates rising

US Equity markets largely remain in choppy range-bound consolidation with SPX within 1 point of levels hit two weeks ago at this time (SPX-4132). Rates have pushed back higher again...

Thu January 19, 2023

Commodity rally likely continues with Dollar, Yields under pressure

Equities continue to show signs of minor consolidation of early January gains, and while bounces could happen into Friday/Monday, additional pullbacks look to be possible into next week.  This would...

Tue March 15, 2022

Commodity weakness represents buying opportunity

Tuesday’s bounce attempt ahead of Wednesday’s FOMC meeting didn’t accomplish too much technically and until this range is broken, it’s right to think of Markets as being in “No-Man’s Land”...