All Reports:

February 17, 2026

Hyperinflation Reset Looms: Gold as the Last Anchor

By Bob Brogan

In a recent New York interview with Daniela Cambone, Eric Griffin argued that gold’s $700 pullback and silvers $40 slide are not signs of weakness, but stress fractures in an overleveraged financial system. The real…

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February 17, 2026

Money Flow Model Still Negative

By Terence W. Brogan

On Groundhog Day February 2, 2000, my father brought our Money Flow Model public by calling the top on the stock market due to the money flows turning negative, the market topped March 10, 2000….

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February 13, 2026

Monetary Stability Requires Rules, Not Discretion

By Bob Brogan

The case for a gold price rule is not just about better central banking — it is about preserving economic stability before repeated monetary excess undermines our standard of living. History shows that when money…

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February 13, 2026

VIX Reversed Hard ~ Continue to Rotate Into Low Beta/Non-Cyclicals

By Terence W. Brogan

Last Thursday we showed the Inverted VIX in a negative trend, Monday we showed the VIX clearly in a positive trend and then Wednesday we showed the VIX at the trendline/200-day moving average Pivot Point….

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February 12, 2026

China Silver Market Signals Structural Physical Squeeze Despite Price Stabilization

By Bob Brogan

China’s silver market is showing clear signs of physical stress despite recent stabilization in global prices. Exchange inventories have fallen to multi-decade lows, and front-month contracts are trading in record backwardation, while spot buyers are…

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February 12, 2026

Earning Revisions Stalling ~ Negative Divergence

By Terence W. Brogan

The Brogan’s are big fans of the Earning Revisions factor; my father was introduced to Earning Revisions and Earnings Surprise by his former partner Marc Chaikin in the early 80’s who learned of this very…

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February 11, 2026

Inverted VIX @ Important Resistance & Volatility @ Important Support

By Terence W. Brogan

On Thursday we showed the Inverted VIX in a negative trend and on Monday we showed the VIX clearly in a positive trend. This continues to tell us that Volatility is still positioned to rise…

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February 10, 2026

Money Flow Turns Bearish: A Signal of a Market Risk Regime Shift

By Bob Brogan

Given that our Daily Money-Flow Model turned fully bearish last Monday (2/2/26), the most important market interpretation is that price leadership and internal capital movement have already deteriorated beneath the surface even as parts of…

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February 10, 2026

Defense In Alpha Position

By Terence W. Brogan

Today we are going to show the Relative Performance Ratio and Rate of Change of our Defensive, Non-Cyclical positions we rotated into last Monday when our Money Flow Model turned Bearish. Historically, over the past…

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February 9, 2026

Volatility Rising Trend

By Terence W. Brogan

On Thursday we showed the Inverted VIX in a negative trend and today we are showing VIX clearly in a positive trend. This tells us that Volatility in the stock market is still positioned to…

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February 6, 2026

Software Stocks Slide as AI Fears Rise

By Bob Brogan

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 &…

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February 6, 2026

Sell High Beta & Buy Low Volatility

By Terence W. Brogan

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…

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February 5, 2026

Model Sell Alert: Limited Time to Get Defensive

By Bob Brogan

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…

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February 5, 2026

Volatility Rising – High Beta Sell Signal

By Terence W. Brogan

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…

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February 4, 2026

Our Position: Structural Weakness Emerging in the U.S. Dollar

By Bob Brogan

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…

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