Sentiment is Still Supportive
Monday, March 20, 2017
Sentiment continues to support the market, but near-term concerns also remain and favor selling strength for a potential pullback.
Monday, March 13, 2017
The bearish divergences are building and, while many aren't yet giving a sell signal, the accumulation continues to favor selling strength.
Mind the Gap
Monday, March 06, 2017
There is likely upside to the employment report on Friday, but what matters is last week's gap and the overall trend line.
Time to Fade Strength
Monday, February 27, 2017
It is a bull market and there are still some positive technical indicators, so we can't lose our positions, but as short-term traders, it is probably time to start fading strength.
Tuesday, February 21, 2017
The macro data gave a red flag as the stock market accelerated through a key area, but most indications support the move.
Monday, February 13, 2017
The data continues to give confirmation for the stock market, but an upside surprise in the Industrial Production is likely needed as the S&P 500 presses against its trend line.
Monday, February 06, 2017
The recent employment data along with Fed commentary suggests there is plenty of time before liquidity comes out of the markets.
Monday, January 30, 2017
Macroeconomic data, earnings, seasonality, and the technicals have aligned and have given us a line in the sand to show us when we are wrong.
Monday, January 23, 2017
Beats have been higher than usual and there is little evidence to suggest this will change as earnings season picks up.
Favorable Earnings Season
Tuesday, January 17, 2017
Leading indicators, seasonality, and the technicals all point to a favorable earnings season even though some sectors are rather overbought.