Thu September 14, 2023

Is Utilities strength in a rising Rate environment sending a warning?

US EQUITY INDICES AND TREASURY YIELDS REMAIN QUITE CHOPPY, BUT IT’S THOUGHT THAT SPX AND QQQ STALL OUT AND MIGHT REVERSE BEFORE EXCEEDING 9/1 PEAKS (SPX-4541.25, QQQ-380.83) TREASURY YIELDS LOOK...

Fri March 24, 2023

Minor stabilization in Banks a positive, but more is needed

It remains difficult to have conviction on the near-term direction of SPX, DJIA and QQQ.  Prices have stalled in all three into end of week, and remain trending down in...

Fri October 14, 2022

Far worse Sept CPI report, but best case scenario was "hot CPI," markets open down and close higher

I was at two finance investor gatherings last night (midtown 5 minutes apart) and there was naturally a lot of discussion about what would be the best "case" outcome for...

Wed October 12, 2022

Markets on edge into Sept CPI report (10/13) but tightening FCI provides some positive "skew" into the report.

Equities have become incredibly fragile, as knock-on effects from central bank tightening further pressure equity risk premia higher (lower multiples). And investors generally fear that inflation is not falling at...

Thu October 6, 2022

Energy getting stronger, while Utilities falling out of favor

The minor consolidation Thursday might not be complete and still looks likely to give Bulls some opportunity to buy dips for those who didn’t participate in early week strength.  However,...

Tue May 24, 2022

QQQ might bottom out vs SPY in early June

Tuesday reversed lower after SPX was unable to recapture 4000QQQ might bottom out in early June vs SPY which would be bullish for GrowthEnergy looks to be 2-3 weeks from...

Tue February 22, 2022

5 Key reasons why Equity lows should be near

Tuesday’s strong showing in rebounding off the lows after Monday evening’s “down” open is a reason to think this recent geopolitical tension might not be all that bearishWhile Consumer Discretionary...

Mon January 24, 2022

Reasons for Optimism, yet a bottoming process takes time

Technical Strategy Video: https://vimeo. com/669628051/869200ef05 Monday’s reversal was a technical positive after multiple down days, but a retest looks likely, and should provide better buying opportunity on any weakness...