Talking SPX target and rotation
Today I wanted to discuss what the "+" means in our S&P 500 (SPX) target and what drives rotation
Read MoreA mixed tactical picture
In Consolidation confirmation, we looked at how the market typically acts following longer-duration breadth thrusts, which took place the first week of June. We found that when more than 90%…
Read MoreBrief video review on shape of recovery
Last week when I got back from vacation, I made a brief video on the shape of recovery and market plan that should still hold true. Sorry for delay, but…
Read MoreWatching for rotational breakout
When we began expecting a period of consolidation on June 5th, our tactical plan based on a positive fundamental core thesis was to add market exposure on weakness toward S&P…
Read MoreFed Gov. comment reinforces one of most important macro thoughts.
As I get back into the swing of things after vacation, the constant chatter is about the likely stall in the recovery due to Covid-19 increased spread in various states. …
Read MoreStaying on point
Fundamental and tactical trends still in place – economic recovery and market consolidation. It is terrific when you go on vacation and things remain relatively quiet at work. Over the…
Read MoreData keeps coming in better than consensus
The economic data keeps coming in better than expectations. As we pointed out in Market Musings, the monthly payroll data came in way better than expected for the second month…
Read MoreJuly Macro Slide Deck
The historic monetary and fiscal stimulus since the COVID-19 recession began has been nothing short of breathtaking. As Fed Chair Powell recently stated, the Fed will act “forcefully, proactively, and…
Read MoreManaging consolidation process when market is weak
The market is getting hit on the back of increased cases of Covid-19, as well as pressure on the Banks given the Fed’s stress test announcement last night and restriction…
Read MoreBrief video explanation of adding risk during current consolidation
I wanted to post a brief video discussion of how we want to act as consolidation plays out.
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