U.S. Equity Strategy: Technical Indications Mixed; Outlook Remains Cautious
Key support levels we have been monitoring (the 200-day MAs on the S&P 500 and equal-weighted S&P 500) have failed to hold, something we...
560 Views
Equity Flash Crash Markers
In April we pinpointed weakening US equity breadth as a dire warning of a peak in US equities (started shorting weaker underperform sectors) as...
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Major Indexes Testing Support & Vulnerable to Further Weakness
Most major indexes are currently trading at the lower end of their May trading ranges. Barring improving headlines regarding tariffs & trade or...
633 Views
U.S. Equity Strategy: Caution Warranted; Downgrading Materials
We continue to believe that caution is warranted in U.S. equities and we are concerned that key support levels may not hold -- notably 2,800 and...
595 Views
SOX Bleed into NDX, SPX and Global Tech Playing Out
We outlined the domino tech breakdown cycle in our SOX Cracks that Would Impact the Global Tech Cycle on April 29 where "semi’s tend to lead the...
553 Views