Thu January 18

Technology’s dominance can only carry so far

NEAR-TERM TRENDS APPEAR CHOPPY, DESPITE NASDAQ HAVING PUSHED BACK TO NEW ALL-TIME HIGH TERRITORY ON THURSDAY.  TECHNOLOGY’S DOMINANCE HAS BEEN A HUGELY SUCCESSFUL FACTOR IN HELPING TO BUOY INDICES DESPITE...

Mon December 4, 2023

Aerospace & Defense quite attractive following breakout to new all-time highs

NEAR-TERM TRENDS FOR US EQUITIES AND TREASURIES SEEM TO BE AT RESISTANCE, WHILE THE US DOLLAR INDEX HAS BEGUN TO RALLY.  A MAJORITY OF THE MAJOR SECTORS ARE ALSO NOW...

Mon November 20, 2023

Semiconductor sector risk/reward & NVDA revisited ahead of earnings

NEAR-TERM TREND FOR US EQUITIES IS BULLISH, BUT GETTING EXTENDED AS PART OF NEGATIVE MOMENTUM CONDITIONS ON WEEKLY AND MONTHLY CHARTS.  TREASURY YIELDS AND US DOLLAR MIGHT WEAKEN INTO US...

Wed November 1, 2023

Short-term Equity and Treasury lows are in place, but intermediate-term challenges remain

SPX AND QQQ HAVE MADE THEIR SHORT-TERM BOTTOM AS OF LAST FRIDAY AND ARE NOW LIKELY ON A THREE-WAVE BOUNCE INTO LATE NEXT WEEK.   INTEREST RATES CAN DROP FURTHER INTO...

Tue September 12, 2023

Software pullback should prove short-lived within Technology

US EQUITY INDICES AND TREASURY YIELDS REMAIN QUITE CHOPPY, BUT THE PATH OF LEAST RESISTANCE REMAINS LOWER OVER THE FINAL COUPLE WEEKS OF SEPTEMBER.  TREASURY YIELDS LOOK LIKELY TO BREAK...

Fri June 23, 2023

Semiconductor pullback look buyable next week

TREND BULLISH- PULLBACK SHOULD BE BUYABLE IN SPX AND QQQ EARLY NEXT WEEK AFTER THE FIRST NEGATIVE WEEK SINCE EARLY MAY A continued decline took indices down further in Friday’s...

Tue July 12, 2022

Software likely underperforms the rest of Tech in July

The immediate pattern in SPX remains choppy and resembles a fourth-wave triangle pattern which requires one final pullback to new lows before bottoming.  After Tuesday’s decline, which brought prices right...

Fri January 7, 2022

Sector Dispersion extreme in early 2022

Technical Strategy Video: https://vimeo. com/663505654/1bc0bb78e5 US Equities and Treasuries selling off in unison proves to be a difficult start for 2022, with collective losses averaging 6%Sector Dispersion has been...