Month: October 2023

No new activations this week. Key Highlights: The broad market is trying to avoid being down for five consecutive weeks, with tomorrow’s jobs report expected to be a high volatility event. Previous Activations Short GOOG Short ADBE (Tgt 1 hit) Short AMZN (Tgt 1 hit) Short ITB (Tgt 1 hit) Long Corn Future Short XLV […]

Summary Tech stocks had disconnected from real rates earlier this year as speculation around AI drove interest in the sector. […] To access this content please upgrade to another membership

Choose a membership

We have four new setups this week, while WMT turned active over the last week. New Setups SCHW DIS SMH EMXC Asset Classes Equities Charles Schwab Corp (SCHW): New Setup Walt Disney Co. (DIS): New Setup Walmart Inc. (WMT): Pending→Active (Turned active September 29) Equity ETFs VanEck Semiconductor ETF (SMH): New Setup iShares MSCI Emerging […]

Key Developments The S&P 500 posted its fourth consecutive week of declines, falling 0.7% last week. Energy relatively outperformed (+1.3%) while Utilities lagged (-7%). Interest rates continued higher, with the 10-year Treasury yield reaching a high of 4.69% on Thursday. WTI crude oil hit $94 per barrel, the highest price since August of 2022. The […]