Mon June 26, 2023

Transport Avg breaking out to highest in nearly three months

TREND BULLISH - MINOR PULLBACK HAS NOT DONE MUCH DAMAGE DESPITE BEING DOWN 5 OF THE LAST 6 DAYS.  MEANINGFUL SUPPORT SHOULD MATERIALIZE BETWEEN 4275-4320 S&P has now declined 5...

Thu June 8, 2023

DJ Transportation Avg. & NYSE AD line have also broken out

TREND BULLISH - EXPECT RALLY UP TO SPX 4325 BEFORE POSSIBLE MINOR STALLOUT.  PULLBACKS SHOULD BE BUYABLE WHEN THEY OCCUR FOR ADDITIONAL STRENGTH IN JUNE. A late day rally let...

Wed October 12, 2022

Transports along with broader Industrials space strengthening

Calm before the storm?   SPX and most major indices seem to have stalled out to the downside ahead of Thursday’s CPI reading which is considered by many to be the...

Fri September 23, 2022

While investors know Fed wants inflation "deader than dead", metric is not entirely clear. While not singular, Volcker finally ended "war" when 3M annualized CPI fell to 2.5%

After many conversations with clients since the Sept FOMC (9/21), our overarching takeaways are the following:Fed sole focus is quashing inflation andIn a way to make sure inflation is "deader...

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...

Fri September 16, 2022

Transports nearing 50% retracement of 2020-2021 rally

September’s Triple Witching Friday close at multi-week lows is particularly negative for the prospects of a rally, and further selling still looks likely over the next couple weeks to likely...

Mon July 11, 2022

What Our Clients Are Talking About Behind The Scenes

FLASH COMMENTS: Last week, I did my deep dive into my single stock quantitative selection model that I call ERM and was looking quite closely at the earnings revisions of...

Fri June 17, 2022

Managing Emotions Amid Volatility

Good Evening: _“People are like stained-glass windows. They sparkle and shine when the sun is out, but when the darkness sets in, their true beauty is revealed only if there...

Fri June 17, 2022

Equities become ‘no bid’ and %-stocks >50D now 2.0%...4 stocks (of 9) need to fall to reach 1.2% seen Mar 23, 2020 and Dec. 24, 2018

Equities have suffered an utter meltdown in the past week as the hot inflation implications of U Mich and CPI pushed stocks into “no bid.” There are many explanations offered...

Fri June 17, 2022

Equities become "no bid" and %-stocks >50D now 2.0%... 4 stocks (of 9) need to fall to reach 1.2% seen Mar 23, 2020 and Dec 24, 2018

Equities have suffered an utter meltdown in the past week as the hot inflation implications of U Mich and CPI pushed stocks into "no bid." There are many explanations offered...