Fri September 15

ECB makes dovish turn, risk rallies… a harbinger to when that day arrives for Fed. Removing tactical OW of regional banks.

We discuss: It’s been a data heavy week, but the big news is ECB yesterday and it’s dovish impact on bond markets. Please click below to view today’s Macro Minute (Duration:...

Fri September 8

Headwinds now, but expect tailwinds to prevail in Sept. Upward revisions in profits strongest argument against recession.

We discuss: How headwinds of VIX, yields, apprehension are growing.  But tailwinds are emerging this month as well.  The most notable is EPS revisions inflected positive and along with other...

Tue September 5

OIH and XOP favored within Energy as Supply cuts help boost Crude

US EQUITY MARKETS HAVE STALLED OUT GIVEN US TREASURY YIELDS HAVING TURNED BACK UP SHARPLY; GIVEN RECENT CORRELATION TRENDS, THIS MIGHT PERSIST THIS WEEK BEFORE STOCK INDICES RALLY BACK.  ENERGY...

Mon July 31

Copper breaks out while Crude nears initial upside target

MARKETS HAVE ENTERED A WINDOW FOR POTENTIAL SHORT-TERM TREND CHANGE, BUT MIGHT VERY WELL PROVE SHORT-LIVED AND NOT UNDERCUT 4500 RIGHT AWAY.  8/7-8/9 LOOKS IMPORTANT FOR A POSSIBLE TURN.  ULTIMATELY,...

Tue July 11

Energy breakout makes this sector a lot more appealing

TREND BULLISH - EXPECT RALLY UP TO SPX 4550 INTO JULY EXPIRATION.  A LOWER THAN EXPECTED CPI PRINT COULD HELP SPX SURPASS 4458 WHICH WOULD HELP JUMPSTART THIS MOVE. Overall,...

Mon June 12

Energy trade requires patience after WTI Crude trend violation

TREND BULLISH- NO EVIDENCE OF ANY DETERIORATION IN SPX NOR QQQ.  TRENDS REMAIN POSITIVE AND DIPS SHOULD BE BUYABLE BARRING A BREAK OF $4200, WHICH IS NEAR-TERM SUPPORT Monday’s early...

Fri June 9

Stocks Officially Enter New Bull Market

“A lot of people, when they get negative on the market, put 50% in cash, but unfortunately a lot of times when you get to that position, it’s just about...

Wed June 7

Financials and Energy strength are encouraging for SPX rally

TREND BULLISH- EXPECT RALLY UP TO SPX 4325 INTO END OF WEEK BEFORE POSSIBLE MINOR STALLOUT; PULLBACKS SHOULD BE BUYABLE WHEN THEY OCCUR FOR ADDITIONAL STRENGTH IN JUNE. Wednesday’s minor...

Fri May 19

Expecting Push up to SPX-4250-4325 into 5/27-5/28

TREND STILL BULLISH- EXPECTING UPCOMING PUSH UP TO SPX-4250-4325 INTO 5/27-28 Friday’s reversal isn’t too meaningful and generally the SPX breakout should extend higher into next week into 5/27-28.  This...

Wed May 17

Range breakout should drive SPX to 4200+ as Debt Ceiling negotiation gains steam

TREND HAS IMPROVED WITH WEDNESDAY’S BREAKOUT; EXPECTING SPX RALLY ABOVE 4200 IS UNDERWAY WITH WEDNESDAY’S GAINS Wednesday’s range breakout seems to be occurring directly on signs of the Debt ceiling...

Tue May 2

LIVE Technical Stock Analysis May 2023

Mark will be conducting a live Webinar session for the most popular stocks requested by our subscribers. Mark will give his quick take (45 sec-1-minute of analysis) and consider several...

Wed April 12

WTI Crude’s push to new 2023 highs should benefit Energy

Wednesday’s roller-coaster ride post CPI report failed to answer many questions on the near-term direction for US stock indices, and movement lower under the ongoing uptrend line will be necessary...