Daily State of the Markets
Fundamentals Remain Supportive
I like to close out each week by checking in on the market's fundamental backdrop. I believe this should include the areas of interest rates, the economy, corporate earnings, inflation, and stock market valuations. In short, these areas tend to be the macro drivers of many primary market …
Good News Lends Bulls A Hand
To say that we are experiencing unprecedented times on both Main and Wall Streets is likely the understatement of the century. Never before has the U.S. economy been intentionally shut down and then, for better or worse, quickly reopened a couple months later. Never before has the stock m…
Avoiding The Urge To Trade Here
I feel strongly that one of the keys to longevity in the business of investment management is having a repeatable process. I start each week with a review of the state of the big-picture environment. I then review the current trend and the degree of momentum behind the move. Next, I look …
The Question of the Day
The question of the day from a technical perspective is if the stock market is "breaking out" to the upside. If the answer is yes, then we need to assume that the next leg of the current bull market is about to get underway and all dips should be bought. Good times!
However, if we…
Staying Seated On The Bull Train
Good morning. To review, we have made a change to the presentation of our market models and my oftentimes meandering morning market missives. The goal is to create a series of more concise, bite-sized reports, which will be published on a daily basis. Below is the weekly publishing schedu…
Models Remain In Good Shape
Since my wife and I are helping out with family in Chicagoland this week, I won't be able to keep to the new publishing schedule. However, since I update all the models as part of my weekly routine, I thought I would provide an update to our favorite models via a single report. Things are…
A "Good" Overbought Condition?
Good Morning. Since it's Wednesday, it's time to review our Early Warning indicator boards, which are designed to suggest when "the table might be set" for the trend to "go the other way" for a while.
Our Review Process: We start each week by identifying the state…
Break On Through (To The Other Side)
If it's Tuesday, it's time to focus on the trend and momentum of the market. We start each week with a review of the primary market cycles through the lens of our big-picture primary cycle models. Next, I like to review the market's trend and momentum via our indicator boards and running …
