Semi led Tech in Q4, 2022 and Tech led the broad after that, but now the Semiconductor index, the leader, is showing signs of weakness Is the negative divergence in…
ES and NQ are set to each tick a new rally high ES and NQ are laggard and leader, respectively. ES (S&P 500 futures) wants to follow its leader in…
The job of the bear market rally is to reset sentiment to briskly over-bullish Using the SPX weekly chart to illustrate some points about this bear market rally, which will…
A new promo is out, as if on cue: "Tech is the new haven" Here is a clip from the Barrons article by way of my TradingView chart interface, where…
Defensive sectors Healthcare, Staples and Utilities are relatively strong this week Got to love those machines, always programmed for literal logic. But what happens when the rotation to more defensive…
Gold and SPX (ES) are doing what a sentiment relief bid would do The supposed banking "crisis" is an excuse to spur over-bearish sentiment into what I think may be…
Arista Networks stock (ANET) is flying in blue sky It was an opportunity taken (by me, and any subscribers following the Trade Log who might have had interest) and opportunity…
The NFTRH view has been for a macro transition from inflation (past) to 'Goldilocks' (present) to deflation (later) Since projecting the Q4-Q1 broad market rally back in November, we have…
Fed Funds Rate projections from CME Group adjusted from +.5% yesterday to +.25% today Silicon Valley Bank implodes and voila, the Fed Funds Rate projection dropped on cue. I will…
The banking sector is breaking down in relation to the S&P 500 [edit] SV Bank meltdown! Shows how closely I follow the news of the day. Obviously consistent with favored…
Please pardon the blurry chart and the lack of anything more than a brief summary in the video. It's just a test of my first attempt at creating a presentation…
US stock market leadership using SMH > QQQ > SPY This is a chain I have generally liked to see intact over the years if I am going to be…
A look at Nasdaq 100 and S&P 500 futures daily charts The NQ and ES daily charts are at important junctures as the Q4-Q1 broad rally grinds on (such as…
Updating the S&P 500 (SPY) weekly chart inverted H&S situation What started out in December as a sort of 'man stares at chart' joke (weeks before it even activated)... S&P…