It’s been a while since I’ve written here. You’ve probably seen the weekly updates, under the Markets Unlocked tag—these have been useful, high-level summaries of market conditions and things we’re…
Last week saw several rounds of strong selling pressure in stock indexes, including a classic downtrend day on Thursday. (See chart below, just for the illustration of a textbook-perfect downtrend!)…
Last week saw some fireworks in stock indexes. Moved mostly by a handful of tech earnings and announcements with a solid dose of FOMC magic, US indexes chiseled out some…
As we head into the end of January, technical conditions in major stock indexes are showing a lot of strength. We see solid justification for short-term (< 2 week) swing…
The week ahead will feature some potentially market-moving datapoints. Watch, especially, GDP on Thursday and PCE on Friday. Current technical position The past week saw some of the strongest selling…
The week ahead is a shortened holiday week (Monday close), but we've already gotten a little insight into market tone for the new year. Perhaps the most striking element is…
Happy New Year to all of my readers! We took a couple weeks off from these regular blog posts at the end of the year, but let's dig in and…
Here we go... heading into the end of the year. In terms of pure price patterns, there's a reasonable chance that an intermediate-term cycle top is in place in major…
Happy December, everyone. As we head into the end of the year, let’s take a quick look at where the market is likely headed in the near term, in the…
Markets were solidly locked in tight ranges this week, with many cryptocurrencies winding down in tight coils. We reminded our MarketLife members that, while such patterns always lead to great…
The market had a stunning reaction to the CPI number this week, with one of the largest gap openings on record (to regular session hours), and a historic uptrending day…
So, folks, there’s news: our yield curve model inverted (for the first time since 2007) on 10/27/22. While nearly everyone seems to be aware that the yield curve is inverted,…
Happy Halloween, everyone! As we head into the end of the first month of the last quarter of the year, the major news behind us is a GDP report. Politicians…
A few thoughts here, as we head into the end of October. Don’t be misled by daily moves There’s a lot of noise in markets. Commentators (of all sorts) report…
I want to share a few of the things I have been thinking about and focusing on in the market. This market environment is not that different than "business as…
Thursday was one for the record books—stocks (and other risk assets) initially cratered under the CPI number, but quickly picked up momentum to the upside and finished the day in…