Wed October 11, 2023

Cycles along with geopolitical conflict suggest Gold strength

US EQUITY MARKETS TECHNICALLY LOOK TO HAVE BOTTOMED AND ARE SLOWLY PROGRESSING OFF EARLY OCTOBER LOWS.  BOTH US DOLLAR ALONG WITH TREASURY YIELDS HAVE BACKED OFF IN RECENT DAYS FOLLOWING...

Tue October 10, 2023

Broadening out in US Equities looks to have begun

To view my appearance today on CNBC's Squawk Box, please click here. US EQUITY MARKETS LOOK TO BE BOTTOMING IN THE HISTORIC “BEAR-MARKET KILLER” MONTH OF OCTOBER FOLLOWING OVERSOLD CONDITIONS...

Fri September 8, 2023

Cycles still show an immediate low might be premature

US EQUITY MARKETS REMAIN TRENDING LOWER AND A TEST OF AUGUST LOWS LOOKS INCREASINGLY LIKELY GIVEN THE ONGOING RESILIENCE IN TNX AND DXY.  S&P’s rally proved short-lived as September futures...

Wed August 16, 2023

Selling might not abate until post Jackson Hole; Top Retail names to consider technically

MARKETS HAVE LARGELY EXITED THE EARLY MONTH WINDOW WHEN A LOW WAS POSSIBLE.  WHILE A COUNTER-TREND SNAPBACK IS POSSIBLE AT ANY TIME, THE TREND REMAINS NEGATIVE IN THE SHORT RUN...

Tue August 8, 2023

Pharmaceutical stocks look attractive

MARKETS HAVE ENTERED A WINDOW WHERE A POTENTIAL LOW COULD TAKE PLACE THIS WEEK (LIKELY WEDNESDAY-FRIDAY OF THIS WEEK).  US DOLLAR AND US TREASURY YIELDS LOOK TO BE ON THE...

Mon July 24, 2023

Emerging markets starting to gain more traction as China rallies

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...

Tue June 27, 2023

Russell 2k might outperform QQQ and SPY into mid-July

TREND BULLISH - PULLBACK LOOKS COMPLETE AND RAPID ASCENT HAS NEARLY RECAPTURED 50% OF ENTIRE PULLBACK FROM MID-JUNE.  AN UPCOMING TEST AND BREAKOUT OF JUNE HIGHS LIKELY Tuesday’s rally back...

Wed June 14, 2023

Chinese ETF breakout ahead of possible stimulus is bullish

TREND BULLISH - THIS 4.5% SPX RALLY IN JUNE HASN’T SHOWN MUCH EVIDENCE OF TIRING. WHILE PULLBACKS ARE POSSIBLE, THE TREND LIKELY CONTINUES UP INTO LATE JUNE.  SPX-4415 IMPORTANT. I’m...

Tue May 23, 2023

Equal-Weighted Technology vs. XLK has broken to the lowest levels since ’09

TREND STILL BULLISH - EXPECTING UPCOMING PUSH BACK ABOVE SPX-4200 - Tuesday’s minor pullback hasn’t caused much technical damage.  While prices did pull back to multi-day lows, this area of...

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...

Tue April 25, 2023

SOX breakdown could bring weakness to Technology in May

SPX AND $QQQ- THE NEAR-TERM TREND TURNED BEARISH ON TUESDAY’S BREAK;  HOWEVER, SHORT-TERM TRADING LOWS MIGHT MATERIALIZE BY END OF WEEK.  Tuesday’s decline looked important and negative for US indices...

Mon April 17, 2023

Grains turning higher at a time of heightened Short Wheat exposure

Minor stalling out in Equities occurred to kick off the new week on light volume; Yet, trends and momentum remain bullish and there hasn’t been sufficient evidence of weakness to...