Research Report Excerpt #1 After a 3rd straight weekly decline in the major averages, the AAII investor sentiment fell back to one of the lowest Bullish readings in history, only trumped by the lows seen this past June. Headlines reinforced the fear that investors have felt throughout 2022, and the price action has mirrored the…
Research Report Excerpt #1 At the end of the second quarter, the S&P 500’s price was 3,785. There’s still another month left to go in the quarter that currently followed that 15%+ drop. We’ll have another 23 trading days to see if the markets can lean into the greater probability identified in the data sets…
Research Report Excerpt #1 Our first chart comes to us from Chris Ci0vacco. As we had discussed in the past, there will be many, many market participants and pundits that will lay claim to the recent rally as proving nothing more than a bear market rally. Heck, a prominent Wall Street strategist recently offered that…
Research Report Excerpt #1 Recall the table above that we had been tracking and suggesting may prove favorable for the back half of 2022? Since 1932, any time the S&P 500 was down 14% or greater through the first 120 days of the year, from that point forward the market was higher by year-end. And…
While investors, traders and all market participants await the latest Consumer Price Index (CPI), due out this Wednesday, here are some interesting thoughts and analysis from around the web. The above tweet from the Kobeissi Letter Twitter account is typical of the account holders bearish sentiment that pervades many investors. We strongly encourage avoiding such…
Is the market solidifying a bottom with a new uptrend having commenced since late June? Today’s conversation offers several indicators and historic technical guide posts that suggest investors should be looking to increase equity market exposure in the coming weeks and months if the historic probabilities repeat, if not rhyme. To watch the corresponding video…
Research Report Excerpt #1 That’s right. This past trading week was strong, but it wasn’t “uber” strong, as the kids say! In late May, the S&P 500 had a weekly gain of greater than 6%, as outlined below: From May 20th to May 27th, the market rallied greater than 6%. One step forward, but unfortunately that…
Research Report Excerpt #1 Over my career, I have experienced 7 market shocks, including the bursting of the technology bubble, the global financial crisis, and now COVID-19. I mention these events only to highlight the fact that market disruptions are a fact of life. It’s just a matter of time before the train goes off…
Research Report Excerpt #1 Early July started well once again, but now the market has hit the typical consolidation portion of July, where price action proves less favorable or mixed. In the final 2 weeks of July trading we’ll find out just how much repeating or rhyming the market expresses. Research Report Excerpt #2 It’s…
Research Report Excerpt #1 From May 20th to May 27th, the market rallied greater than 6%. One step forward, but unfortunately that resulted in 2 steps backward and new lows for the major averages in June. Nonetheless, these types of outsized weekly gains usually hold strong forward returns out 3-12 months. The key seems to…
