Wed December 13, 2023

Markets anxious whether Fed makes "dovish" tones on Dec FOMC rate decision. Even if disappointing, we are buying the dip.

We discuss: Wed is probably most important catalyst between now and YE, with the Dec FOMC rate decision.  We think the key is whether it makes sense there are still...

Fri December 8, 2023

INTRADAY ALERT: Nov jobs report basically in-line, not enough to sway Fed hawkish into Dec FOMC.

The Nov jobs report released this am is overall benign with slightly more jobs added (+199k vs Street +185k) and details as well with unemployment rate dropping to 3.7% (vs...

Mon December 4, 2023

We are dip buyers over next 9 days until 12/13 FOMC, if there is weakness. But we are in "zone of uncertainty"

We discuss: We discuss how the "up zig" is behind us with Oct PCE on 11/30 and we are likely in for consolidation until Dec 13 FOMC. Please click below...

Wed November 15, 2023

Can the Small-cap rally continue?

SPX, DJIA, RUSSELL 2000, DOW JONES TRANSPORTATION AVERAGE, AND THE EQUAL-WEIGHTED S&P 500 HAVE ALL JOINED QQQ IN BREAKING DOWNTRENDS FROM LATE JULY PEAKS.   NYSE BREADTH EXPANDED TO OVER 9/1...

Tue November 14, 2023

US Equity indices achieve Breakout on very positive breadth

SPX, DJIA, RUSSELL 2000, DOW JONES TRANSPORTATION AVERAGE, AND THE EQUAL-WEIGHTED S&P 500 HAVE ALL JOINED QQQ IN BREAKING DOWNTRENDS FROM LATE JULY PEAKS.   NYSE BREADTH EXPANDED TO OVER 9/1...

Wed October 25, 2023

What’s needed to think a Market Low could be imminent, or is in place

BREAKDOWN IN SPX AND QQQ HAVE POSTPONED AN IMMEDIATE TECH-LED REBOUND, BUT EVEN AFTER WEDNESDAY’S WEAKNESS THE NEAR-TERM SELLOFF LIKELY DOES NOT HAVE MORE THAN 2-3 DAYS BEFORE FINDING AN...

Tue October 17, 2023

Financials’ progress serving as a bigger bullish development for US Equities than rising yields at present

US EQUITY MARKETS LIKELY HAVE BEGUN THEIR TREK BACK TO TEST JULY 2023 HIGHS.  BOTH US DOLLAR ALONG WITH TREASURY YIELDS ARE LIKELY TO SHOW FURTHER DETERIORATION IN OCTOBER, BUT...

Thu October 12, 2023

“Backing and Filling” has begun following first runup off Oct lows

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...

Thu October 5, 2023

Transports, Regional Banks, and Small-caps might all bottom by mid-October

US EQUITY MARKETS SHOULD BE NEARING AN AREA OF SUPPORT, AND TREASURY YIELDS AND MORE MEANINGFUL RALLIES MIGHT BEGIN FOR BOTH EQUITY INDICES AND TREASURIES STARTING NEXT WEEK, POTENTIALLY COINCIDING...

Fri September 15, 2023

Stock Markets Churn Ahead of FOMC Week

“I try to do the right thing at the right time. They may just be little things, but usually they make the difference between winning and losing.” ~ Kareem Abdul-Jabbar...

Fri September 15, 2023

ECB makes dovish turn, risk rallies… a harbinger to when that day arrives for Fed. Removing tactical OW of regional banks.

We discuss: It’s been a data heavy week, but the big news is ECB yesterday and it’s dovish impact on bond markets. Please click below to view today’s Macro Minute (Duration:...