Wed March 27

Sub-sector analysis of some of 1Q’s best performing groups

PLEASE CLICK HERE TO VIEW MY APPEARANCE ON FOX BUSINESS NEWS THIS AFTERNOON. I CONTINUE TO SEE THE US STOCK MARKET AS BEING ATTRACTIVE, TECHNICALLY SPEAKING, AND DO NOT FEEL SUFFICIENT RISK...

Fri March 8

Defensive sectors starting to gain traction

FRACTIONAL LOSS THIS WEEK REPRESENTS ONLY THE THIRD WEEKLY LOSS OUT OF THE LAST FOUR-AND-ONE-HALF MONTHS FOR SPX AND NASDAQ, WHILE VALUE LINE’S FRIDAY LOSS PREVENTED THIS FROM REACHING NEW...

Fri January 5

Defensive outperformance and Mean reversion might be nearing a temporary end as market bounce nears

NO CHANGE-TECHNICALLY, OUR RECENT CONSOLIDATION IN US RISK ASSETS LIKELY MARKS AN ATTRACTIVE OPPORTUNITY FOLLOWING THE HUGE RUN-UP INTO LATE DECEMBER.  SPX HAS MANAGED TO ALLEVIATE NEAR-TERM OVERBOUGHT CONDITIONS WHILE...

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...

Mon July 17, 2023

US Equities might experience short-term correction starting this week

UPTREND LOOKS TO BE NEARING AN AREA OF POSSIBLE RESISTANCE THIS WEEK.  EXPECT RALLY UP TO SPX 4545-75 COULD MARK RESISTANCE AND ALLOW FOR MINOR PULLBACK TO GET UNDERWAY.  (WIDE...

Mon June 26, 2023

Transport Avg breaking out to highest in nearly three months

TREND BULLISH - MINOR PULLBACK HAS NOT DONE MUCH DAMAGE DESPITE BEING DOWN 5 OF THE LAST 6 DAYS.  MEANINGFUL SUPPORT SHOULD MATERIALIZE BETWEEN 4275-4320 S&P has now declined 5...