One day does not a confirmed reversal make, but I wanted to offer a couple of gut check thoughts and chart updates. If you’ve been reading my weekly market briefs and some […]

As outlined this weekend put call ratios are fairly low and benign going into this week’s Fed meeting. No worries. Investor positioning? All in long it appears. One indicator combination of interest, […]

Markets are doing their thing and are walking toward the shining light that they perceive the upcoming Fed meeting to be. $SPX new highs this week, $NDX new highs this week. Looks […]

It’s that time of the year again, the ritual $VIX crushing as markets are relentlessly drifting into the Sell Zone in anticipation of rate cuts from the Fed and more stimulus from […]

Greatest economy ever according to the presidential talking points, new market highs in July, free money just around the corner with every central bank looking to cut rates because greatest economy ever. […]

Tech making new highs again in July as markets are anticipating rate cuts from the Fed later in the month. It’s still early in the earning season, but about to get heavy […]

Every once in a while, especially at market extremes, it’s good to take a stake of the bigger picture. Now that the market, highly encouraged by the Fed, has baked in a […]

I’m probably one of the few remaining people left raising red flags, but hey, I see what I see and some of it I share and what I see is a fragile […]

$DJIA 27,000, $SPX 3,000, so the headlines and the president celebrate. Don’t let the headlines distract you, look under the hood. This rally is technically weak, it’s as weak as the reason […]

It may be a good time to remind everyone of an old market adage: Nobody will ring a bell when market cycles end. There won’t be a grand announcement that a top […]

Well, at least it’s all out in the open now. Nobody even bothers about growth or earning anymore (at least for now). It’s all about the Fed, markets by central committee. Don’t […]