Fri March 1

March likely to be better than average given prior 4 months having turned in positive performance

EQUITY TRENDS SHOW NO EVIDENCE OF WAVERING.  FEBRUARY MANAGED TO FINISH WITH GAINS GREATER THAN 5% ON THE HEELS OF THREE PRIOR MONTHS OF GAINS, AND THIS WINTER RALLY STILL...

Fri March 1

Nasdaq joins S&P 500 in Setting Records

Good evening, After Nvidia ($NVDA) took markets on a wild ride last week, much of this week was somewhat more range-bound. Nevertheless, stocks continued their advance. The Nasdaq hit an...

Thu February 29

Momentum being overbought does not necessarily mean Stocks are vulnerable

EQUITY TRENDS SHOW NO EVIDENCE OF WAVERING.  DESPITE THIS WEEK’S MILD CONSOLIDATION IN EQUITY INDICES, THE CYCLICALS HAVE MANAGED TO KICK INTO GEAR TO PROVIDE SUPPORT TO EQUITIES AND LITTLE...

Wed February 28

Equal-weighted SPX has yet to gain traction while QQQ/SPY down to support

EQUITY TRENDS SHOW NO EVIDENCE OF WAVERING.  DESPITE THIS WEEK’S MILD CONSOLIDATION IN EQUITY INDICES, THE CYCLICALS HAVE MANAGED TO KICK INTO GEAR TO PROVIDE SUPPORT TO EQUITIES AND LITTLE...

Wed February 28

Cats as Oracles

A daily market update from FS Insight — what you need to know ahead of opening bell "The best way to predict the future is to create it." — Peter...

Tue February 27

Consumer Discretionary clawing back & worth watching

EQUITY TRENDS SHOW NO EVIDENCE OF WAVERING -  SPX TRENDS REMAIN POSITIVE AND PRICES HAVE PUSHED THROUGH THE PRESIDENTS’ DAY WEEKEND WITH LITTLE TO NO REAL EVIDENCE OF TREND FAILURE. ...

Fri February 9

Equal-weighted SPX looks to be on the verge of turning up vs. SPX

ANOTHER STELLAR WEEK FOR STOCKS WHICH SHOWED INCREASING EVIDENCE OF A BROADER-BASED RALLY BEING CLOSER TO GETTING UNDERWAY.  AS MANY KNOW FROM THE PAST MONTH, THE SPX AND QQQ RALLY...

Wed February 7

MSCI World index has moved back to new all-time highs

DIVERGENCE BETWEEN THE TOP PERFORMING STOCKS WITHIN TECHNOLOGY AND THE BROADER MARKET COULD EVENTUALLY LEAD STOCK INDICES TO CONSOLIDATE.  YET, CURRENTLY, WE’RE SEEING THE OPPOSITE, AS GROUPS LIKE INDUSTRIALS AND...

Fri February 2

Broadening out of market at new highs will be important

DIVERGENCE BETWEEN THE TOP PERFORMING STOCKS WITHIN TECHNOLOGY AND THE BROADER MARKET GREW EVER MORE EXTREME THIS PAST WEEK.  HOWEVER, THIS DOESN’T NECESSARILY IMPLY A LARGE SELLOFF IS IMMINENT.  A...

Wed January 31

SPX pullback should prove short-lived;  Healthcare deserves an Overweight

SPX AND QQQ LOOK TO HAVE BEGUN MINOR PULLBACKS WITH WEDNESDAY’S DECLINE, WHICH HAPPENED DURING A SIGNIFICANT WEEK OF FOMC MEETING, “MAGNIFICENT 7” EARNINGS AS WELL AS CYCLE CONFLUENCE.  HOWEVER,...

Tue January 23

Are the Defensives coming back to life?

SPX AND QQQ AT NEW ALL-TIME HIGH TERRITORY HAS NOT YET BEEN FOLLOWED BY SIMILAR MOVEMENT FROM RUSSELL 3K, VALUE LINE AVERAGE, AND DJ TRANSPORTATION AVG, AND THIS DIVERGENCE WILL...

Mon January 22

NVDA, MSFT outperformance will hopefully start to broaden out

SPX AND QQQ AT NEW ALL-TIME HIGH TERRITORY HAS CAUSED SOME CONCERN TO THOSE WHO STUDY HOW MUCH TECHNOLOGY HAS DOMINATED IN RECENT WEEKS TO THE DETRIMENT OF MANY OTHER...