S&P 500 Update – Hold or Fold Moment (Your Market Video Update)
The S&P 500 is now -10% from its all time highs and at key levels. If a much overdue short term bounce does not come to fruition soon, next downside support is another -7% to -10% from here. Watch Serge’s short video.
AAPL Longer Trend Breaking – Short Term Bounce (Your Market Update Video)
Shares of Apple (AAPL) on our trend following algorithm have now broken down from their longer standing bullish trend. While AAPL is increasingly looking immediate term oversold and due for a possibly sharp bounce, we would see that bounce as an opportunity to sell into. Watch Serge’s quick video.
Base Metals via DBB are Waking Up! (Your Market Update Video)
Gold has been on a significant rally for more than 18 months already, but now we are seeing base metals waking up as well in a meaningful way. Watch Serge’s short video.
TSLA – Bearish Momentum Getting Extreme (Your Market Update Video)
TSLA stock has now fully round-tripped its post election rally. While the stock remains in near term bearish momentum, it is finally nearing better support areas where sellers could get exhausted. This is a process, not a one day event.
The US Dollar Is Flashing A Larger Warning Sign (Your Market Update Video)
Early this year the dollar index reached an overbought level only ever seen twice in history since 1910. Both times it this had significant consequences and led to a major shift for risk assets. Watch Serge’s short video.
S&P 500 Update – Put Spikes Could Mean Possible Bounce Coming (Your Market Update Video)
After the most recent series of selling, the S&P 500 is nearing an important support area where we could see a make or break moment unfold. Put volume has already spiked, which may be an indication of a short term bounce/rally. Price action has yet to confirm this however. Watch Serge’s short video.
A Great Setup in ONON (Your Market Update Video)
European stocks are on fire year to date and we see this continuing through an intermediate term lens. Shares of athletic shoe company On Holding AG, a Swiss company with it’s main stock listing on the NYSE (ON) is a truly interesting setup with lots of upside potential. Watch Serge’s short video.
When will CPER start it’s big rally? (Your Market Update Video)
The price of copper as measured by the CPER etf year to date is beating the S&P 500 by about 15%, but over the past couple of weeks or so has traded somewhat lower on it’s correlation to bond yields. When could CPER be ready for a really big move higher? Watch Serge’s short video.
Is Your Portfolio Hedged? S&P 500 Update (Your Market Video Update)
The volatility of news in this market is a major reason to consider hedging one’s portfolio. Watch Serge’s short video for this and an S&P 500 update.
No Rush to Get Into TSLA Yet (Your Market Update Video)
TSLA has fallen about 40% off the late 2024 highs and momentum still favors more downside. We wouldn’t be looking to press shorts now, but rather wait for a longer bottoming pattern to form. Patience to buy is critical now.