Fri December 8, 2023

Equal-weighted SPY looks likely to outperform SPY in 2024

US EQUITIES AND TREASURIES LOOK TO BE NEAR RESISTANCE, WHILE THE US DOLLAR INDEX HAS BEGUN TO RALLY.  A MAJORITY OF THE MAJOR SECTORS ARE ALSO NOW RIGHT NEAR MEANINGFUL...

Fri November 17, 2023

Airlines and Medical Devices are two groups which likely show further strength into late November

NO CHANGE - NEAR-TERM TREND FOR US EQUITIES IS BULLISH, AND LIKELY SHOULD PUSH UP INTO THE THANKSGIVING HOLIDAY.  TREASURY YIELDS AND US DOLLAR MIGHT WEAKEN A BIT FURTHER OVER...

Wed November 8, 2023

Airlines look attractive as a counter-trend tactical long

SPX AND QQQ HAVE SURGED ON ABOVE-AVERAGE BREADTH AND HAVE CARVED OUT IMPULSIVE RALLIES OVER THE PAST WEEK.  THIS IS LIKELY A POSITIVE FOR GAINS TO NEAR EARLY OCTOBER HIGHS...

Wed September 6, 2023

Many Airlines look to be bottoming technically by next week

US EQUITY INDICES HAVE NOW WEAKENED FOR THE THIRD STRAIGHT SESSION AS TREASURY YIELDS HAVE PRESSED HIGHER;  AT PRESENT, YIELDS ARE NEARING A “DO-OR-DIE” AREA OF RESISTANCE, WHILE STOCKS ARE...

Wed April 12, 2023

WTI Crude’s push to new 2023 highs should benefit Energy

Wednesday’s roller-coaster ride post CPI report failed to answer many questions on the near-term direction for US stock indices, and movement lower under the ongoing uptrend line will be necessary...

Fri June 24, 2022

Key Technical reasons for thinking a larger low is near

Friday marked the broadest rally we’ve seen all week, with excellent participation and also more than 90% of the volume into advancing stocks vs. declining.  This week’s move was encouraging...

Wed April 20, 2022

Since 1945, post-tax day equity returns strongest when "big tax hit" involved = strengthens case for near-term upside

If someone asked me to describe 2022 so far, it is a "pie in the face" year. The world is facing several key turning points (inflation, supply chains, monetary policy,...

Fri March 4, 2022

Precious Metals start to shine, while Financials lie at key levels

This past week’s decline marks the sixth straight week of weakness out of the last nine weeks.  However, as has been discussed, price action has actually held up remarkably well...

Tue February 15, 2022

Travel & Leisure continues to make headway

Snapback bounce encouraging, but has more work to do, to have confidence of markets beginning a larger rallyTravel & Leisure stocks have now been rising for four straight weeks and...

Tue February 1, 2022

Re-opening Trade looks to be kicking into gear

Technical Strategy Video: https://vimeo. com/672539194/40d1251ba2 SPX 3-day gain has recouped more than 50% of the weakness from early JanuaryRe-opening Trade looks to be kicking into gear, with sharp gains...

Mon November 8, 2021

Is Pfizer COVID-19 pill catalyst to move country to "middle" as it eliminates need for a vaccine mandate. 19 stocks that could soon join "everything YE rally"

We publish on a 4-day a week schedule: Monday Tuesday Wednesday SKIP THURSDAY Friday STRATEGY: IS PFIZER COVID-19 PILL CATALYST TO MOVE COUNTRY TO "MIDDLE" AS IT ELIMINATES NEED FOR...

Mon October 18, 2021

Homebuilders "golden 6 months" starts October 20th --> worked 10 of last 12 years --> case stronger in 2021. 10 stocks

Fortunately, there are no signs yet, of an upturn in cases stemming from the arrival of colder weather.  As shown below, the USA overall positivity rate is still sinking.  It...