All Reports:

We believe the U.S. equity markets remain in the A-Wave phase of a developing correction, and, importantly, we do not yet have sufficient evidence that a meaningful bottom has been established. Investors should resist the…

Today we’re starting the week by reviewing the Money Flow Model, which still remains negative. However, when we look at the model’s first derivative, it appears to be in an oversold and now back to…

There is another dimension to the AI debate that investors may be overlooking: geopolitical and military risk. AI has enormous potential to expand productivity and global commerce, but its military applications introduce an entirely different…

Yesterday was a very difficult day for the stock market, but an excellent day for Brogan’s Money Flow Model methodology. After seven months of maintaining a defensive posture, our Money Flow Portfolio has now moved…

Our Money Flow Model has been defensively positioned since February 2nd and was reinforced again on March 31st. We have maintained equal-weight exposure to non-cyclical sectors. For clients required to remain fully diversified, we have…

Goldman Sachs warns that record Nasdaq positioning could leave the market vulnerable to significant futures selling as mega-cap earnings season unfolds. The risk is asymmetric: the upside requires near-perfect results, while a single major disappointment…

Funny how technicals work, historic sweep of the house & senate and I get a Relative Performance Ratio fast MACD positive cross Buy Signal for China versus USA the day before the election! I guess…

The U.S. dollar could be facing a difficult period. Mounting federal deficits, rising interest expenses, enormous Treasury borrowing requirements, and declining confidence in America’s fiscal outlook create a dangerous combination. A weaker dollar, rising bond…

The AI infrastructure euphoria has peaked and is now deflating. Investors are finally asking the question we’ve been posing since June: Who is actually going to pay for all of this? October closed with broad,…

We often discuss the two most important disciplines in technical analysis: Trend Analysis and Counter-Trend Analysis. Typically, these disciplines are mutually exclusive, but there are times when they align and become positively correlated. This appears…

The AI boom is becoming a financing problem, not just a valuation problem. As Brogan Group Equity Research has warned since last October, the enormous cost of building AI infrastructure is increasingly being funded by…

Today we’re starting the week by reviewing the Money Flow Model, which still remains negative. However, when we look at the model’s first derivative, it does appear to be attempting to bottom — holding prior‑low…

Today, we’re going to keep it simple, as I think everyone knows where we stand: bearish since February 2nd/March 31st. Below, we’re highlighting one of our favorite themes: sell high momentum and buy low momentum….

Alphabet (Google) suffered a historic decline Thursday, October 29, falling approximately 12.6% after disappointing earnings raised serious questions about the cost, financing and ultimate profitability of its massive AI investment. Selling is extending into today’s…

Today, we want to update everyone on our high-frequency Money Flow Breadth indicator, which remains in a negative trend and continues to record significant negative divergence relative to overall market price. Although we have seen…