GOT

Key Developments The S&P 500 printed a mere 0.5% return this week, the same as the week prior. Energy stocks led the sectors with a 4.5% return on the back of geopolitical worries in the Middle East. 10-year Treasury yields pulled back to close the week at a level of 4.6% after climbing for five […]

S&P 500 long-term valuations are about the most expensive in 110 years. With stocks at such an unfavorable starting point, […] To access this content please upgrade to another membership

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We have three activations over the prior week: UBER, RSPD and XLB. Key Highlights: A rebound in the S&P 500 in since October 6th has activated long positions resulting from bullish divergences. CPI data to be released today will dictate the short-term direction in equities. New Activations Long UBER Long RSPD Long XLB Previous Activations […]

The worst Treasury bond bear market in history may be coming to an end, following severely oversold readings and the […] To access this content please upgrade to another membership

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We have three new setups this week, while DIS and SMH turned active. New Setups UBER RSPD XLB Asset Classes Equities UBER Technologies (UBER): New Setup Charles Schwab Corp (SCHW): Pending→Monitoring (Divergence was burned through as both price and RSI made lower low). Walt Disney Co. (DIS): Pending→Active (Turned active October 6) Equity ETFs Invesco […]

Housing weakness, high valuations, depleted consumer savings and a collapse in spending. What could go wrong? In today’s newsletter we […] To access this content please upgrade to another membership

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Key Developments The S&P 500 snapped its four week losing streak, gaining 0.5% last week. Growth sectors outperformed, with Communication Services (+3.1%) the leader. Energy lagged (-5.4%). Economic data was mostly better than expected, with the ISM Manufacturing and Services Indices above estimates. The September jobs report also handily beat expectations, with the number of […]

Summary Closing remaining long (OTM) call position on VIX initiated in February of 2023 Half of the original position at a big profit in March, when banking panic ensued VIX call position has strike of 20 and expires on 10/18/2023   Taking Advantage of Recent Surge in Volatility to Close Our VIX Call Position We’re […]

The Fed paused in July, but stocks have been in free fall since. Aren’t Fed pauses supposed to be good […] To access this content please upgrade to another membership

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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 […]