Monday, October 19, 2020
As earnings season picks up, look for an extremely high percentage of positive guidance announcements against near record high investor sentiment.
Reserves Too High
Monday, October 12, 2020
The Financials kick off the start of earnings season and expectations are starting to improve as loan loss reserves begin to appear too high. The charts, however, aren't telling the same story yet.
Monday, October 05, 2020
Companies beat consensus estimates by a record amount last quarter, but analysts still haven't revised estimates high enough to match the data - suggesting another round of positive surprises is coming.
A little bit of this...
Monday, September 28, 2020
A little seasonality at support with a big push of liquidity ahead of another positive jobs report... albeit at a pace that is naturally slowing.
Fed has your Back
Monday, September 21, 2020
The Fed's statements are a negative for the short-term, but a reminder that they still have your back.
Trading Opportunity on the Election
Monday, September 14, 2020
The expectations of the upcoming Presidential election are in contrast with the market data, which suggests trading opportunities are ahead.
The Cruel Mistress
Tuesday, September 08, 2020
"momentum is a cruel mistress. She can turn on the dime with the smallest mistake. She is always searching for the weak place in your armor; the one little thing you forgot to prepare for."
Monday, August 31, 2020
Investor sentiment has now reached its highest level on record, but the real issue is identifying the key market conditions and Friday’s jobs report should do that.
Looking Into the Breadth
Monday, August 24, 2020
Another setup for a reversal presents itself, and the weakening breadth is a warning that the trade is coming, but with Earnings Momentum and Positive Earnings stocks seeing buyers, the weak participation was due to selling in the Negative Earnings stocks and the Value Traps
Monday, August 17, 2020
It is hard to measure just how much money is available, but we know it is still going higher