That Didn’t Take Long
That didn’t take long. I was watching for the S&P 500 and NDX to fill their gaps from last Tuesday...
Textbook H&S Behavior: Mega Caps Lead Relief Rally Into Freedom 250 Week. Markets Behaving as Forecast.
The market kicked off the holiday-shortened week pretty much as forecast from the end of last week. The major averages...
Stocks on track for lower finish ahead of holiday-abbreviated week: The Big Picture Takeaway
The KOPSI warned semiconductor volatility was coming last night. The “spenders vs. receivers” divergence is sharpening, and the market is...
Micron Crushed It! Hyperscalers Got Crushed!
Thursday’s session was dominated by Micron-mania, with the memory-chip maker delivering volatile and explosive price after earnings beat on AI-driven...
Placeholder Day Ahead of Micron & Core PCE: Hyperscalers Weaken and Prices Meet Necklines
Today turned out mostly as expected… a placeholder day ahead of Micron earnings and Thursday morning’s core-PCE (Fed’s favored inflation...
Monday’s 3C Divergence Wasn’t Random. It Was the Leak Before the -10% KOSPI Crash. Somebody Knew.
When 3C picked up on something happening with Semiconductors Monday afternoon, I thought it was really interesting and out of...
Mixed Start to the Week: Mega-Cap Weakness Offsets Iran Deal Tailwinds as Yields Rise Again
The major averages opened this full trading week (sandwiched between two holiday-shortened ones) mostly lower, as tailwinds from the U.S.-Iran...
Afternoon Update
Referencing yesterday’s forecast for today: “$7500 has once again become a key near term pivotal level, but it seems like...
“Higher for Longer” Confirmed: Hawkish Warsh Sparks Risk-Off Move
*This is an important update. I have a lot of good stuff for you. After spending the first half of...
Sharp Tech Reversal: Semis Give Back All of Monday’s Gains and More
The S&P and Nasdaq-100 have done exactly as forecasted last Thursday, Chart & Excerpt: SPX (30M) A bounce here makes...
Relief Rally on U.S.-Iran MOU: Tech, Semis and Mega Caps Lead, But Weak Breadth and AI Risks Cast a Shadow
The stock market kicked off a holiday-shortened week with a sharp rally, as a signed MOU between the U.S. and...
From ‘They’re Finished’ to ‘The War is Over:’ Market Rallies on Trump’s Sudden Iran Reversal
Stocks opened mostly higher after this morning’s PPI report. Unlike the past few days, we didn’t see the usual pattern...
The Worm is Turning
The major averages finished lower today, with another abrupt early reversal in technology stocks. Rising oil prices and renewed geopolitical concerns...
From Collision Course to Crack: Tech’s Intensifying Price Volatility
Monday’s price action, market internals, and volume strongly suggested that the rebound off Friday’s selloff was the start of a...
Market Update: Bear Flag Consolidation Takes Shape as Tech Rebounds Modestly Amid Geopolitical Whiplash
Following Friday’s sharp tech selloff, triggered by stronger-than-expected payrolls that sent yields spiking higher, traders bought the dip in semiconductors...
Rotation into Laggards: Tech Pulls Back While Dow Hits New Highs
Stocks finished mostly higher today as rotation across the broader market helped offset a pullback in Tech/Semi names. The weakness...
Wartime Correlations Are Back, And AI Stocks Are Most Exposed
Wartime correlations that the stock market broke with when the ceasefire went into effect, are back in play, but it’s...
Record AI Chase Continues on Razor-Thin Breadth While Oil Signals Higher for Longer
Geopolitical news and events were nowhere near as dramatic as Monday, though we did get some information and answers. Iranian...
Geopolitical Whiplash: Markets Hit Record Highs on Narrow Leadership as Middle East Tensions Heat Up Again
What a way to kick off the week , straight back into the deep end of the geopolitical pool. Fresh...
Dash for Trash, Negative Breadth at Record Highs amid Re-Emerging War Correlation
Amid the chaotic geopolitical developments, the macro backdrop proved more constructive than expected. Oil prices remained surprisingly restrained despite escalating...
