Don’t Trust the Earnings Rallies (Market Video Update)
When it comes to the markets, it is the dog that wags the tail, not the other way around. In other words, when the economy slows things happen..like stock prices stop going higher. For that reason it is important not to trust some of the recent earnings bounces. There will be a time to buy […]
The Dow is Now Bearish Trend (Market Video Update)
After struggling for weeks and developing lower highs, the Dow Jones Industrial Average has now flipped to a bearish trend on our models. This opens up plenty of downside potential for the broader market.
Will Stocks Snap This Week? (Video Market Update)
After closing at the dead lows last week, stocks are coming into this week facing plenty of headwinds. Could this be the week when stocks snap? Let’s build some context with a few notable charts.
Can Commodity Stocks Still Go Higher? (Market Video Update)
After dramatically outperforming the S&P 500 last year and year to date in 2022, commodity stocks still look in charge for higher highs. Our Market Rover is staying with the buy signals.
Stop the chart chasing (Market Video Update)
For the better part of the past 12 months, chart chasing interest rate sensitive tech stocks that are not topical to the current macro environment has not worked…and likely won’t work for some time to come. Becoming more selective is of the essence now, as is lowering one’s return expectations.
Global Indices are Flashing Bearish Signals (Market Video Update)
One crucial support line has broken in major equity indices around the world. It doesn’t bode well for equities for the time being.
Our Favorite Stock Sector is Still A Buy – Long Energy (Video Market Update)
After an impressive multi-quarter run in both absolute and relative performance by the energy sector, we still think there is lots of upside to be captured: Long Energy Stocks
The IAK etf continues to grind higher while stocks struggle (Market Video Update)
Sometimes ‘boring’ stocks or ETFs are the way to go when the rest of the market is a one way street lower. The IAK etf (insurance companies) continues to work for investors and has been stubbornly bullish on our Market Rover since 2020.
The Fed Wants Lower Stock Prices (Market Video Update)
The Fed wants lower stock prices in order to reign in inflation. While the Fed is likely to ultimately succeed with the ‘lower stock prices’ part, why is the S&P 500 still not correcting meaningfully?
Housing Stocks Could be in Trouble (Market Video Update)
With US 30 year mortgage rates tickling the 5% mark, housing stocks and stocks relating to housing could be further in trouble going forward.