Wed July 26, 2023

Looking at 12 recent FOMC decisions, probabilities favor a rally of 1%-2% post July FOMC

Today at 2pm is when the Federal Reserve FOMC releases its rate decision and Fed Chair Powell holds the press conference. A +25bp hike is largely expected but that is...

Mon July 10, 2023

Has “FANG” peaked out?  Don’t bet on it, but Small-caps could lead

TREND BULLISH - EXPECT RECENT CONSOLIDATION IS NEARLY COMPLETE & SPX BEGINS TO PUSH BACK HIGHER POST WEDNESDAY’S CPI PRINT The minor stalling out in US benchmark indices doesn’t appear...

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...

Fri June 16, 2023

June FOMC is a reminder key story arc is "inflation war" not hard landing. 10 "fresh money" ideas to leverage expanding market breadth.

NEW: SECTION (ABOVE) ADDED IDENTIFYING KEY RECOMMENDATIONS AND SUPER GRANNIES _We publish on a 3-day a week schedule:_ _SKIP MONDAY _ <-- Market Holiday SKIP TUESDAY Wednesday SKIP THURSDAY Friday...

Wed June 14, 2023

Divergences Likely to Persist

Well, it seems that the ball game is over, and the bulls have clearly won.  Inflation is dead, the Fed should be easing anytime soon, the expected recession has been...

Tue June 6, 2023

Divergences May Persist

The S&P 500 continues its ongoing rally and is approaching 4300, which is its highest level since 8/17/22.  The bulls off of the October low have clearly had the better...

Mon June 5, 2023

Market breadth expanding as 8 of 11 sectors above 20dma (vs 2 last month). 4 reasons "fresh capital” should invest in Industrials. 17 stock ideas.

As we move into the second week of June, our confidence that S&P 500 will gain >20% in 2023 has increased. The decisive upside breakout last week helps, as are...

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...

Thu May 18, 2023

"Buy the dip" regime back since March 23, 2023 as analysis shows S&P 500 regain 2% losses less than 1 month, reversing "sell the rip" regime of 2022. Stick with FAANG, Industrials and tactically Regional banks.

NEW: NOTICE NEW SECTION (ABOVE): ADDED SO YOU CAN SEE OUR TACTICAL IDEAS _We publish on a 3-day a week schedule:_ SKIP MONDAY <-- TRAVELING _SKIP TUESDAY Wednesday _Thursday <-- _Schedule...

Mon May 15, 2023

EPS: Less "bad" is good = inflection for fundamental equity investors = "buy the dip" returns. Week ahead light on macro data and still game of inches.

NEW: NOTICE NEW SECTION (BELOW): ADDED SO YOU CAN SEE OUR TACTICAL IDEAS In our view, last week added to the constructive case for stocks in 2023. The S&P 500...

Fri May 12, 2023

Data this week strengthened pause case, while collapse in margin debt near dot-com trough. FAANG OW justified by AI TINA

NEW: NOTICE NEW SECTION (BELOW): ADDED SO YOU CAN SEE OUR TACTICAL IDEAS This was a big week for inflation data with both critical April CPI (5/10) and PPI (5/11) coming...

Thu May 11, 2023

GOOGL gains help QQQ close positive

TREND STILL BULLISH-  EXPECTING UPCOMING PUSH BACK ABOVE SPX-4200 Trends remain very choppy and range-bound over the last month.  However, the near-term trend from last week still looks bullish in...