U.S. software stocks have been in a sharp downturn, with major names like Microsoft, Salesforce, and ServiceNow sliding as investors worry that new AI tools could disrupt long-established business models. The S&P 500 Software &…

Today we are going show our new Bearish position by reiterating what we spoke about yesterday by showing the Sell Signal that we are recording on the Relative Performance of the S&P500 High Beta Index…

The Brogan Group Equity Research “Model Sell Alert” was recorded on Monday’s “Groundhog Day” (Mon. 2/2/26), and we need to make certain that you and your team are aware there is very little time to…

On Monday February 2nd (Groundhog Day) our Money Flow Model turned negative, and we rotated to a defensive, non-cyclical, low beta position and sold our cyclical, high beta positions. Well, the timing of our Money…

Our view remains firm: the U.S. dollar is in a structural weakening phase driven by persistent deficit expansion, rising rollover risk in federal debt, and growing reliance on short-term Treasury bill issuance to fund government…

Over the past several days we have been inundated by requests for meetings to review the markets and most specifically clients want to know what’s going to happen with our Money Flow Model’s signal in…

Private credit and BDC-style lenders are under pressure as the market starts to reassess how much exposure sits inside loan books tied to the software sector. From what I’m seeing, roughly a fifth of many…

As of yesterday’s close, we officially rotated from our Risk-On/Cyclicals, High Beta, Offensive Assets to our Risk-Off/Non-Cyclical, Low Beta, Defensive Assets. Below we show our Money Flow Model signals and the performance that was achieved…

The recent sharp selloff in gold and silver across futures and spot markets highlights how strongly short-term pricing is driven by paper positioning rather than purely by physical supply and demand. Large futures and options…

Today is the day, not only is our Money Flow Model (low frequency) turning Bearish with Friday’s close, but our High Frequency Money Flow Breadth continues to look very ominous with triple negative divergence on…

Our Money Flow Model signal is getting closer, now 2bps away from the Risk-Off/Bear Cross. When it happens, we will sell our equal-weighed Cyclicals and buy our equal weighted Non-Cyclicals. Below we show three very…

Wouldn’t it be great if, while U.S. markets are crashing—yesterday, today, tomorrow, over the weekend, and for many weeks and months to come—we recognize from our perspective why we must not delay mandating and acquiring…

The Shanghai Gold Hoard Is Forcing Gold Into BofA’s Bubble-Risk Zone. Capex spending has increased across the board. The market is just rewarding the ability to monetize it, while placing question marks on companies that…

Well, I did not see that one coming, I really thought it would turn negative today! Not only did the Model not turn negative but the faster moving average turned up and is now rising…

Well, I think it is safe to say our Money Flow Model will be negative by tomorrow as we are now 5bps away from a Negative Cross/Sell Signal where we will Sell our Cyclicals/Risk-On/High Beta…