New Lower Low in ABI – 10.11 (4th consecutive signal)
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ABI Update
The ABI has been volatile today with stronger participation from Small Caps, especially in the immediate wake of the policy...
Small Caps Fade
The 2-yr yield is 5 basis points higher. Likewise, long term yields are higher than just before the FOMC (10Y...
25bp; 1 Dissent (Miran); Knee-Jerk
The fed cut by 25bp as expected. There was one dissent (Miran) for a 50bp cut. The Dot-Plot: 9 of...
Small Caps Outperform, Mega Caps Underperform
This is going to be short as everything may be upended in the next couple of hours. The market’s recent...
A.M. Update
S&P and NASDAQ futures are flat. Dow futures are up 0.15% in Russell 2000 futures are up 0.4%. The market...
FOMC EVE – EXTREME ABI READINGS
After a brief opening bounce saw the S&P 500 and Nasdaq Composite reach new record highs, the major averages traded...
Afternoon Update Another ABI- 10.52
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ABI Signal Strategy Thoughts
Trading volatility is not straight forward, but the ABI signal’s high reliability and big moves in volatility, often when VIX...
ABI Makes Another Lower Low, On Track For Third Signal
There’s a lot of individual news items moving specific stocks and sub-sectors, but the general theme is the pro-cyclical, pro-growth,...
A.M. Update
S&P futures continue to be up less than 1/10 of a percent. The September FOMC meeting kicks off this morning...
Daily Wrap – Wild July 2024 Deja Vu
The market was led my strength in mega cap names, in particular Alphabet (GOOG +4.3%) joined the $3 trillion market...
Afternoon Update – ABI 12.24
The S&P 500 (+0.35%) and Nasdaq-100 (+0.7%) look to capture record closing highs to go along with their fresh all-time...
Market Update – Mega Caps Run the Show; ABI Lower
The mega caps are firmly in the driver’s seat. Other sectors have drifted in and out of the green trying...
ABI < 14 Again
11:24 a.m. ET We’ll see where it closes, but the ABI looks set for another signal, and even lower. The...
A.M. Update
S&P futures are up +0.3, gaining some ground after Elon Musk bought a billion dollars worth of Tesla shares. The...
Historical Overview of the ABI and Examples – MUST READ
I’ve written dozens upon dozens of posts on the ABI over the years. The only problem is that the website...
ABI Close < 14 (13.82)
There it is… 13.82 I’ve mentioned in the past that FAST drops in the ABI don’t necessarily equate to a...
Afternoon Update
I’m going to get this Friday afternoon update out a little earlier than I’d normally like due to the ABI,...
Intraday Update
There’s a little pick-up in selling pressure on 3C… SPY (1m) QQQ (1m) This is intraday and seperate from the...