In the last update we discussed gaps and ultimate pullback potentials, including a longer range view by a weekly chart that can only be speculation right now. That is the…
2026... the year of the reckoning for 2025's epic upside bull market move and blowout. The corrective process still needs to find a conclusion, which I am patiently (key word)…
As discussed frequently in 2026, the stock market has been a rotation machine all year. Some rotations have been for longer cycles (e.g. Software took hard down cycle amid AI…
As you know, the Semiconductor sector is currently tied at the hip to the AI buildout trade. As you may also know, there is a lot of negative hype swirling…
The previous update showed some macro fundamentals that may be turning against the US dollar and positive for gold. We have also noted of late that silver is still a…
It's something I've mentioned a lot in recent months. The price increases due to war and global trade tariffs/wars are not the product of inflation. Yet the Federal Reserve has…
I want to update some very interesting things I see in the precious metals patch. And I want to go into detail. In other words, this update will probably serve…
We began this exercise in August, first discussing how a yield curve flattener was being engineered by Bessent and Warsh. Operation Twist 2.0? Bessent & Warsh Work the Yield Curve…
War is inflamed again and oil is up again. Nothing has changed on the 'prices' front for the American consumer. But since when would that play into a market paint…
As you know, there is a lot of talk out there about the severe negative breadth divergences by the broad market to the headline SPX. These are in the form…
The Treasury has held auctions for long-term Treasury bonds this week. Those are the bond durations that have been the most problematic for the economy and for macro signaling. Strong…
The precious metals led the bearishness, as they often do. It's interesting, although not yet overly significant, that gold stocks are green (along with my software stuff) while other aspects…
While the Silver/Gold ratio has not yet triggered the all-clear for a widespread commodity trade, or the mythical commodity 'super-cycle', we have noted that individual commodities will rise and fall…
We know that for the last couple of weeks SOX is leading NDX and NDX is leading SPX. The market leadership chain is intact and bullish. But not for everybody.…