Thu June 29, 2023

June 2023 Upticks

I will not be publishing a Daily Technical Strategy report today. Instead, in addition to this Upticks report, please find my Daily Technical Strategy Video update (6/29/2023) below. https://vimeo. com/841030428/7979ec346a?...

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...

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...

Tue May 2, 2023

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...

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 March 3, 2023

LIVE Technical Stock Analysis March 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 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...

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...

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...

Mon January 9, 2023

Metals likely to pause as $DXY, $TNX near support

Equity indices managed to extend briefly to follow through on last Friday’s minor breakout despite the intra-day reversal into the close.  However, this bounce is expected to fail sometime this...