Summary: After a flurry of activity over the last few weeks, markets paused on a holiday-shortened week, off their weakest levels, but still significantly off their recent highs and processing the potential effects …
Summary: The indexes continue to be news driven, reflected in the fear index (VIX) and Gold. On a technical basis, the move on Wednesday with record volumes shows a potential short-term bottom. Overall, …
Summary: Markets sold off hard as they processed the new round of tariffs and potential retaliation, spiking volatility to the highest in five years and hitting extreme oversold levels in equities. Mean reversion …
Summary: Markets sold off Friday, erasing its earlier gains on the week. They are at a critical juncture where if they can hold the March 13th lows, we could resume a bounce, though …
Summary: Seasonal patterns and market internals offer hope that the short-term bounce will materialize into stronger market action. However, markets need to get back over their 200-Day Moving Average or see the trend …
Summary: While Friday’s action was encouraging for a nascent market turnaround, we need to see further confirmation, like the Nasdaq and S&P regaining their 200-Day moving averages. Value stocks continue to outperform and …
Summary: Markets are at critical turning points with very mixed reads, as the bullets highlight below. A case could be made for strong mean reversion or a continued move lower.
Risk On
Summary: The market sold off hard this week and for the month of February, with a shift from growth into value, though market internals are holding up on a relative basis. We expect …
Summary: Nasdaq and S&P briefly hit new all-time highs before a dramatic reversal on Thursday and Friday which could be pointing to a failed breakout and double-top. We would need to see a …
Summary: With S&P and NASDAQ hit by cupid’s arrow, and growth stocks, semiconductors, and foreign equities leading this week’s bounce, market’s are seeing green not red.
Risk On