GOT

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

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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 […]

Summary Oil prices’ recent jump has not been accompanied by rising market-based inflation expectations, depicting expectations from the bond market […] To access this content please upgrade to another membership

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No new activations this week. Key Highlights: This week we closed trades on Bitcoin, XLRE, and IWM trades for respectable profits. We also close MCHI for a loss. More details are provided below. SPY, NFLX and XLY hit their 2nd targets over the past week, while ADBE and AMZN hit target 1. In some instances, […]

Summary The big spike in the oil price of the last 2 months has triggered worries that an oil shock […] To access this content please upgrade to another membership

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Many of our pending setups have either been activated or moved back to a monitoring status given the significant weakness in markets last week. We have two new setups this week, while AMZN, GOOG, ADBE and XLE turned active. New Setups Walmart Inc. (WMT) Copper Future Asset Classes Equities Walmart Inc. (WMT): New Setup Amazon.com […]

Key Developments The S&P 500 declined 2.9% last week, the worst weekly return since March of this year. All 11 sectors were lower. Health Care was the best relative performer, losing 1.2%, while Consumer Discretionary lagged, falling 6.4%. The September FOMC was interpreted as hawkish, as the Fed’s median projection for the Fed Funds rate […]

Summary The recent outperformance of low volatility stocks relative to high beta stocks signals investor angst about the prospects for […] To access this content please upgrade to another membership

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We have three new activations over the prior week, GOOG, AMZN and ADBE. Key Highlights: Stocks have continued lower following the September FOMC meeting, including IWM falling below target 3 and AAPL below target 2. New Activations Short GOOG Short AMZN Short ADBE Previous Activations Short ITB Long Corn Future Short XLV Short Bitcoin (Tgt […]