Mon August 7, 2023

SPX likely undercuts 4500 ahead of possible low this week

MARKETS HAVE ENTERED A WINDOW FOR A POTENTIAL LOW.  THIS COULD TAKE PLACE TUES-THURSDAY INTO THURSDAY’S CPI REPORT.  US DOLLAR AND US TREASURY YIELDS  LOOK TO BE ON THE VERGE...

Thu July 27, 2023

Quick reversal suggests a Short-term market peak is likely in place

US EQUITY MARKETS LIKELY COULD BE PEAKING OUT AND THURSDAY MIGHT HAVE OFFICIALLY SERVED AS THE TECHNICAL CATALYST FOR CONFIRMATION.  US AND EUROPEAN SOVEREIGN YIELDS ALONG WITH US DOLLAR INDEX...

Tue July 25, 2023

Upticks - July 2023

ADDITIONS ARISTA NETWORKS ($ANET- $174.09) Source: Trading View ANET looks quite bullish technically following its quick rally which has brought this back to test highs of the last six months. ...

Mon July 24, 2023

Emerging markets starting to gain more traction as China rallies

MARKETS HAVE ENTERED A WINDOW FOR POTENTIAL SHORT-TERM TREND CHANGE, BUT DO NOT EXPECT MUCH SELLING UNTIL AUGUST.  NEAR-TERM, AN SPX-4500-4620 RANGE MIGHT HOLD INTO LAST COUPLE DAYS OF JULY...

Wed June 21, 2023

Commodity rally looks to be underway

TREND BULLISH- EXPECT THAT MINOR WEAKNESS IS BUYABLE INTO END OF WEEK AND PROVIDES SOME STRENGTH INTO END OF MONTH AND INTO MID-JULY.  UNDER SPX 4300 REPRESENTS THE FIRST SIGN...

Thu March 24, 2022

Materials still an overweight as Steel pushes back to new highs

US equities bounce continues, but is nearing upside price targets for SPX and QQQSLX has just broken out to new yearly highs which bodes well for continued strengthMaterials 2021 relative...

Fri March 11, 2022

Five Stocks For An Extended Commodity Shock

We are now into the third week of the Russo-Ukrainian War and prospects for a quick resolution appear increasingly dim, although we like most of the world, hope for peaceful...