Last week ended with SMH closing down for a 9th consecutive day. On paper, this bearish streak is its longest in 25 years, but as we’ll see below, it may not be as bearish as many think. It also only …
Last week, stocks (SPY) got off to the bullish start we were looking for, but then the roller coaster of news events took over. Click here for the live SPY chart The most impressive part of stocks’ Monday …
It’s been all too common to read that “stocks ignored the bearish move in bonds.” While that's been true at times, the bigger picture doesn’t support it, and ignoring it could be costly. The cost could come from both being …
September Wasn’t Nice To Stocks Since the tech trade (SMH) peaked earlier this year, the market demonstrated its resilience as the equal-weighted S&P 500 (RSP) and the IWM moved higher, while SMH moved lower. Nothing lasts forever, and with ample …
Summary
Before this week’s Market Outlook, we’d like to take a moment to remember all those impacted by 9/11 and share a personal experience from that day. Never Forget — Remembering Ari Jacobs September 11 will always be deeply personal to …
While over the last several months, as the market has been coming to grips with likelihood of a higher Fed Funds rate and the reality of higher long-term rates, the ETF for the Mag 7 has been improving its technical …
With so much talk about what the Fed Chairman, Kevin Warsh, is saying he won’t say in the way of offering guidance, I decided to organize what he did say. I think it offers quite a bit of guidance into …
Summary Basic Materials (XLB) broke out of a multi-month consolidation, with unusually broad strength in copper and agricultural input stocks creating several attractive trend-trading setups. The strength in economically sensitive Materials supports the narrative of a healthy economy with persistent …
Last week was filled with bullish developments, but on Friday the focus was bearish news in retail sales, so let's start there. Retail sales was expected to be up +.1% but as shown by the chart, it came in with …