The last few days we have seen the SPX and NDX rally considerably more than the Russell. That means the Real Bull Market is not here yet. In that process the S&P stretched its trading envelope to 5250 to 5550…Continue Reading →
Today the Big Dog in this race had close to a 61 % bounce of the recent Great Adjustment decline. Probably enough to signal a consolidation pattern for a while. Model is applying SPXS hedges to portfolio.
Since the ” Great Adjustment of August 5th” was completed, we have seen as expected, market players moving back into the chip/software base. That is ok as they are the base of the market, it is just that those sectors…Continue Reading →
Wow, Harris picked Walz. That completely flips the economic direction that the country has gone since Reagan started the “Trickle Down/Supply Side/Bernanke Zero Rate” debacle. Growth is headed for the small cap AI applicators, the bottom-up sector of the economy….Continue Reading →
The 5140 SPX Hedge objective of our Hedge Model was hit, All hedges in SPXS, SQQQ, SSG, SOXL lifted. Model is now looking around for EV, Solar, Biotech, Battery stocks. They will take off when Harris wins.
Our Macro model is making some big changes today. Hedge index hit 134.0, got 75 % of objective, cut short positions in half, moving back into long side of Green Climate change stocks that it left in March.
We see the Fed this week being reluctant to designate when or if they will lower rates. All the election unknowns as well as a mass of speculators rather than project investors waiting to buy the market does not generate…Continue Reading →
At the moment the Hedge Index has risen from 92.0 on July 11 to 111.1 at the moment. The First objective is 166.0.
Yesterday’s high in the S&P, 5666.9, is an ominous number. Looking back on the other side of the coin, the March 2009 low of 666.0 was a watershed moment. As such big things may be happening as the market contemplates…Continue Reading →
It seems time to review what has transpired in the markets since the initial foray into over valuation mode on March 8, 2024. The wait from the March 8 date has been tedious, but last Friday our Hedge Model signaled…Continue Reading →