The Whisper Report ®

Mortgage Buying

Monday, June 18, 2018
The Fed went on a mortgage buying spree last week, but the story remains the same.
Featuring: MU FDX RHT

Liquidity vs Economic Activity

Monday, June 11, 2018
Liquidity and economic activity are trending in opposite directions and, despite the decades of high correlations, the technicals tell us the economic trends are winning.
Featuring: ADBE FNSR

Small-cap Signal for Large-caps

Monday, June 4, 2018
The U.S. Dollar has rallied, which is consistent with market conditions, and has helped small-caps outperform and give a buy signal for the large caps.
Featuring: HOME SJM ZUMZ

Stronger Employment Again

Tuesday, May 29, 2018
Employment data picked up during the month of May - likely above consensus estimates - but that only supports the bearish case.
Featuring: MRVL WDAY ULTA

Fed Pattern Change

Monday, May 21, 2018
The Fed changed its pattern last week, but there is little evidence that it will continue this week as a bull flag forms above support and economic data continues to accelerate.
Featuring: NTAP DECK FL

Fundamentals vs Liquidity

Monday, May 14, 2018
Chalk one up for positive fundamentals this coming week just as liquidity improves... at least temporarily.
Featuring: M CSCO DE

A Triangle as the Fed Holds

Monday, May 7, 2018
Traders trade what they see, not what they believe, and the chart is showing building strength within a consolidating triangle of an uptrend just as the Fed's 'selling' is put on hold.
Featuring: NVDA DIS PLNT FANG

Good = Bad

Monday, April 30, 2018
The surprise so far this earnings season is on the top line rather than the bottom, even with the tax cuts, but the higher revenue is going into hiring and that likely means good news is bad news this Friday.
Featuring: AAPL ATVI STMP

Rope-a-dope

Monday, April 23, 2018
The Fed's rope-a-dope is at risk of catching market participants looking in the wrong direction.
Featuring: FB TWTR AMZN

The Big Test

Monday, April 16, 2018
Is a sentiment swing with continued improving fundamentals enough to offset the real market test coming in the next two weeks?
Featuring: LRCX AA