This mentoring session reviews the market’s response to inflation data, then walks through the major indexes, ETFs, and leading sectors using MarketGauge-style context: pivots, moving averages, relative strength, Real Motion, and consolidation patterns. The host highlights how SPY …
Geoff stated that the market opened with a significant gap lower in the semiconductor sector (SMH), which landed right at a critical technical inflection point near its 50-day moving average and a previous reversal level. He noted that …
Summary Despite higher inflation, weaker GDP forecasts, and rising interest rate expectations, the market continues to climb on confidence in corporate earnings. This earnings season may determine whether investors continue rewarding strong results—or begin viewing them as "peak earnings." …
Geoff stated that the market is navigating a complex backdrop of renewed Middle East tensions following reports of missiles fired at commercial ships in the Strait of Hormuz. He noted that while crude oil has responded with strength, …
Geoff stated that the market is currently navigating "summer-like" price action characterized by significant consolidation, particularly as we move through the first 10 days of the critical July calendar range. He noted that while the semiconductor sector (SMH) …
Geoff stated that the market entered the week with a "really nice setup" coming off the July 4th holiday, characterized by a compression on top of a breakout in the S&P 500 and the Nasdaq. He noted that …
The bearish fears surrounding the SPY as it tests its 50-day moving average are well grounded if you look beneath the surface of the major indexes. For example, the MAG 7 darlings of the recent past are now being referred …
Geoff stated that while the morning employment report initially triggered a brief "fade" after breaking to new daily highs, the market's subsequent resilience suggests the report did not "get in the way" of the prevailing trend. He noted …
Geoff stated that the market has provided a "textbook" example of how to handle significant inflection points, specifically noting the successful "head fake" reversal at the 50-day moving average in both the S&P 500 and Nasdaq. He noted …
Geoff stated that yesterday was a "really important day" on the daily charts, as it marked a successful "head fake" for the S&P 500 and a "picture-perfect reversal" for the Nasdaq at their respective 50-day moving averages. He …