Tue April 23

Technical low likely in place; Favor Technology, Industrials along with a snapback in Healthcare

IN TUESDAY’S SESSION, SPX AND QQQ HAVE RALLIED SUFFICIENTLY TO THINK THAT A SHORT-TERM LOW SHOULD BE IN PLACE, WHICH COULD LEAD BACK TO NEW HIGH TERRITORY.  THIS IS BASED...

Mon April 22

Lows in momentum/breadth are here, but price might take another 1-2 days

I FEEL THAT LOWS ARE CLOSE IN US EQUITIES, BUT THAT MONDAY’S FINISH DIDN’T ACCOMPLISH ENOUGH TO THINK THAT THE “COAST IS CLEAR” JUST YET.  HOWEVER, BOTH BREADTH AND MOMENTUM...

Fri April 12

Financials nearing short-term support but selectivity remains key

THIS WEEK’S SELLOFF LOOKS TO BE NEARING IMPORTANT SUPPORT HEADING INTO NEXT WEEK WHICH SHOULD ALLOW FOR SOME STABILIZATION AND A SNAPBACK RALLY INTO LATE APRIL AND THE MONTH OF...

Fri April 12

Letting Go for Good

A daily market update from FS Insight — what you need to know ahead of opening bell “Sometimes letting things go is an act of far greater power than defending...

Thu April 11

Technology rally can help QQQ start to outperform SPY

IN THE VERY SHORT-TERM, INSUFFICIENT STRENGTH HAS OCCURRED BASED ON THURSDAY’S RALLY TO SUGGEST AN IMMINENT MOVE BACK TO NEW HIGHS IS UPON US.  US DOLLAR AND YIELDS REMAIN TRENDING...

Tue April 9

AAPL selloff looks complete.  Expecting sharp rally back higher

I CONTINUE TO SEE THE US STOCK MARKET AS BEING ATTRACTIVE, TECHNICALLY SPEAKING, AND DO NOT FEEL SUFFICIENT RISK IS THERE TO WARRANT A SELLOFF AT THIS TIME. WHILE PRICE...

Wed April 3

GOOGL being added to UPTICKS list

I CONTINUE TO SEE THE US STOCK MARKET AS BEING ATTRACTIVE, TECHNICALLY SPEAKING, AND DO NOT FEEL SUFFICIENT RISK IS THERE TO WARRANT A SELLOFF AT THIS TIME. WHILE PRICE...

Tue April 2

Minor Bond yield breakout results in SPX selloff to near support

I CONTINUE TO SEE THE US STOCK MARKET AS BEING ATTRACTIVE, TECHNICALLY SPEAKING, AND DO NOT FEEL SUFFICIENT RISK IS THERE TO WARRANT A SELLOFF AT THIS TIME. WHILE PRICE...

Mon April 1

Materials sector raised to Overweight as commodity rally gains momentum

I CONTINUE TO SEE THE US STOCK MARKET AS BEING ATTRACTIVE, TECHNICALLY SPEAKING, AND DO NOT FEEL SUFFICIENT RISK IS THERE TO WARRANT A SELLOFF AT THIS TIME. WHILE PRICE...

Wed March 27

Government Support

A daily market update from FS Insight — what you need to know ahead of opening bell "That government is the strongest of which every man feels himself a part."...

Tue March 26

Healthcare likely underperforms into late April; Lowering to Neutral

I CONTINUE TO SEE THE US STOCK MARKET AS BEING ATTRACTIVE, TECHNICALLY SPEAKING, AND DO NOT FEEL SUFFICIENT RISK IS THERE TO WARRANT A SELLOFF AT THIS TIME. WHILE PRICE...

Mon March 25

WTI Crude likely lifts to the high $80’s which should aid Energy’s rally into 2Q

I CONTINUE TO SEE THE US STOCK MARKET AS BEING ATTRACTIVE, TECHNICALLY SPEAKING, AND DO NOT FEEL SUFFICIENT RISK IS THERE TO WARRANT A SELLOFF AT THIS TIME. WHILE PRICE...