Time to put up or shut up for bulls and bears as we enter the final 2 months of the year and with the US election just a few days away. As […]

As our see no risks market continues chugging along near all time highs again you may have noticed that many of the gains since the September lows are again coming via magic […]

Amazing times all around. Most astounding perhaps the level of complacency building in markets into the US election and into year end. Most of the market appears to have adopted a see […]

Markets are faced with a multitude of binary events in the next few weeks all of which could have a positive or negative impact on markets. Examples abound: Either there is a […]

As long time readers know I’m a big fan of $VIX technical structures and compression patterns. Often dismissed as non chartable I think we’ve successfully to put that argument to bed a […]

We’ve just come out of a summer period where nothing seemed to matter with markets relentlessly accelerating high to suddenly everything mattering as we just saw the most aggressive correction off of […]

The panic buying we’re seeing in $TSLA and $AAPL today, following the historic runs into the stock splits effective today, firms my view that we are setting up for something sinister in […]

As bears are capitulating and markets keep making new highs on the heels of yet another dovish speech by Jerome Powell investors continue to chase historic valuations. Nothing has mattered so far, […]

Relentless squeeze in $SPX and $NDX to ever higher highs and bears are capitulating left, right and center. Short interest at 15 year lows, asset manager index parked north of 100, the […]

A brief follow up to Reality Check: As indices, but not the market, keep crawling higher on the unprecedented market expansion in select stocks imbalances are building that suggest reversion risk is […]