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...

Mon February 26

NVDA 4Q23 EPS increase was $10.7b of S&P 500 EPS gain $34.9B (31%). AMZN another 30%. Ex-bottom 15 cos, S&P 500 EPS growth >14%

VIDEO: NVDA accounted for 31% of all profit growth in 4Q23, so a strong argument against a bubble.  Inflation remains the unknown near-term. Please click below to view our Macro Minute...

Thu February 22

Some Cut Back, Some Forge Ahead

A daily market update from FS Insight — what you need to know ahead of opening bell "There is no quality in this world that is not what it is...

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...

Fri February 9

Case for even STRONGER 2024 emerging. Lunar New Year starts 2/10 and 2024 is Year of the Dragon. Since 1871, S&P 500 up 13% median gain = 5,350. Since 1979, Russell 2000 outperforms 88% of time.

VIDEO: Chinese new year starts 2/10 and 2024 is the year of the Dragon.  Since 1871, equities do particularly well during the Dragon years, gaining 12%.  And small-caps outperform 88%...

Tue February 6

Europe and China both look to be close to temporary outperformance vs. US

DIVERGENCE BETWEEN THE TOP PERFORMING STOCKS WITHIN TECHNOLOGY AND THE BROADER MARKET CONTINUES TO BE ONE OF THE MOST DISCUSSED TOPICS OF 2024.   PERFORMANCE DISPARITY HAS REACHED EXTREME LEVELS.  YET,...

Mon January 22

Since 1950, reaching all-time highs after a 20% decline led to 6M gains 11 of 11 times. And 18M sustained gains 7 of 11 times.  Affirming 2024 constructive outlook.  Don't give up on small-caps

VIDEO: We discuss how small-caps remain attractive at 1999 lows.  And on broader markets, reaching an all-time high led to further gains 7 of 11 times. Please click below to...

Fri January 5

INTRADAY ALERT: Solid Dec Jobs report adds concerns Fed "higher for longer" and adds to misery of early 2024. Just a reminder 1H24 is likely tough.

The first 4 trading days of 2024 have been a terrible start for equities with S&P 500 ($SPY) down -1.6% and the Russell 2000 (small-caps, $IWM) down -3.5%. As our...

Thu December 14, 2023

SPY has violated its uptrend vs. TLT showing how strong the Treasury rally is

TECHNICALLY THE BROAD-BASED PARTICIPATION HIGHER IN MULTIPLE SECTORS IN THE LAST MONTH IS CERTAINLY A POSITIVE HEADING INTO 2024.   WHILE NEAR-TERM RISK/REWARD DOESN’T SEEM FAVORABLE FOR THOSE WITH TIMEFRAMES LESS...

Fri December 8, 2023

Equal-weighted SPY looks likely to outperform SPY in 2024

US EQUITIES AND TREASURIES LOOK TO BE NEAR RESISTANCE, WHILE THE US DOLLAR INDEX HAS BEGUN TO RALLY.  A MAJORITY OF THE MAJOR SECTORS ARE ALSO NOW RIGHT NEAR MEANINGFUL...

Wed November 29, 2023

Technology and Financials both nearing prominent resistance

Due to a technical issue, I was unable to show some of the charts in the video. The remainder of the charts can be found inside my report below. Sorry...

Mon November 27, 2023

December Thoughts: Zig-zag our way to a "soft landing" = YE rally

We discuss: We discuss how upcoming macro data might give conflicting messages on inflation/growth and thus rates could be volatile in Dec, which causes equities to zig-zag.  But ultimately, YE...