Stocks & Bonds

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]