All Reports:

Today we’re highlighting one of our favorite measures of market risk: the S&P 500 High Beta Index, paired with its Money Flow and Relative Performance breadth, along with the momentum/rate‑of‑change signal captured through the Breadth…

Our Domestic Stock Market combines two (2) conditions that have rarely coincided at such extremes: record market concentration and record investor leverage. BTIG reports that the divergence between rising index prices and weakening market breadth…

We’ve been seeing major divergences between our Money Flow Breadth and the market lately, and I wanted to dive deeper by doing an apples‑to‑apples comparison of our high‑frequency Money Flow Breadth and Price Breadth. We’re…

Bank of America’s Michael Hartnett believes investor optimism has reached an extreme, with the firm’s Bull & Bear Indicator climbing to a record 9.6, a level that has historically signaled it is time to reduce…

Today we’re starting the week with a look at the Money Flow Model, which remains deeply negative even as the market continues to trade around all‑time highs. This divergence between weak broad‑based buying pressure/closing power…

Well, the semiconductors did not get the memo that they were supposed to hold up. We sent our July 13th Morning Alert warning that SOXX had entered a technical correction, that the AI rally was…

As of yesterday, the Russell Small Cap Value Index has now recorded a Relative Performance 104‑MACD momentum‑reversal Buy Signal. This joins the Large‑ and Mid‑Cap Relative Performance Buy Signals we’ve been tracking over the past…

Today we want to highlight our proprietary Advance/Decline Line Money Flow Indicator, which we first introduced to clients in our March 17, 2021 report. Since that introduction five years ago, this indicator has delivered exceptional…

The AI investment boom continues to fuel powerful upside momentum in equities, particularly among semiconductor and hyperscale infrastructure companies. Investors remain willing to pay ever-higher valuations based on the belief that today’s massive capital spending…

With stagflation increasingly looking like the main course later this year, Wall Street largely shrugged off June’s softer CPI report. Markets currently assign a 66% probability of the Federal Reserve’s first rate hike in September…

Yesterday we reviewed the Money Flow Breadth of the S&P 500 High Beta Index and highlighted the risk of a further correction of 10% to 12%. Today we’re continuing that theme by examining the Money…

The Federal Reserve appears to have painted itself into a policy corner. After maintaining restrictive monetary policy for more than three years in an effort to contain inflation, it now faces the difficult challenge of…

Today we’re examining the Money Flow Factor and Relative Performance Factor breadth of the S&P 500 High Beta Index—both individually and in combination. What we’re seeing is highly concerning: the SPHB price (long‑duration equities) is…

The dominant market story this morning is the renewed U.S.-Iran escalation over the Strait of Hormuz, with Brent crude jumping more than 4% after U.S. Central Command carried out fresh strikes overnight. Tanker crossings have…

Today we’re starting the week with a look at the Money Flow Model, which remains deeply negative even as the market continues to notch new all‑time highs. This divergence between weak broad‑based buying pressure/closing power…