Since our Money Flow Model turned Negative, we have been advocating the Value rotation as a defensive strategy because inflation remains in a bull market, as evidenced by bullish oil prices. The Value style has…

Markets are moving beyond the AI narrative and demanding real earnings to justify enormous investments. That shift, combined with deteriorating credit, weakening technology stocks and renewed oil-driven inflation fears, creates a potentially dangerous combination for…

Today, we are going to examine inflation and the two keystones of the market: oil and yields. Jordi Visser of 22V has caught my attention over the past six months because of his expertise in…

Nasdaq’s resilience is becoming increasingly difficult to reconcile with deteriorating market conditions. A narrow group of mega-cap technology stocks continues to support the index, while credit concerns, rising borrowing costs and questions surrounding AI profitability…

Today, we want to turn yesterday’s report upside down and examine Low Momentum versus High Momentum, Low Volatility versus High Beta, and Non-Cyclicals versus Cyclicals. Let’s start by explaining what we can infer from the…

The market’s rebound masks a troubling disconnect. Despite heavy technology selling, reduced hedge fund exposure, widening credit spreads, and mounting sovereign debt concerns, the Nasdaq 100 continues to hold within its trading range. But price…

Last night, the MTA (Market Technicians Association) in Boston hosted the one and only Jeff deGraaf, and today’s report is a hat tip to Jeff and his outstanding presentation. He spoke about what he knows…

The Brogan Group Equity Research sees three growing warnings for the AI trade: higher borrowing costs, mounting credit concerns and uncertain profitability. Higher yields: Rising borrowing costs threaten the economics of the massive AI buildout….

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

Needless to say, this BEAR Market is not over. Daily and Weekly Money Flow and Relative Performance continue to deteriorate, with no material evidence that market risk has subsided. Our Daily and Weekly Money Flow…

Today we’re taking a look at the long‑term trend and countertrend in the Relative Performance of Large Cap Value versus Growth — and then flipping it upside down, Tesla‑Roadster style, to examine Growth versus Value….

The critical question for Brogan Group Equity Research is whether the hundreds of billions pouring into AI infrastructure will ever generate enough cash flow and profits to justify the enormous cost. Spending is accelerating, corporate…

Looking at the price action across the large (equal‑weighted), mid-, and small‑cap indices, they’re now sitting on or around a rising 200‑day moving average — historically a level that can act as bullish support. The…

We’ve talked about Jordi Visser’s Theory of the old “Linear” world (Oil, Inflation, Interest Rates) versus the “Exponential” world (Computers/Semis/AI) and the growing bifurcation between the two. Our view is that the Exponential World cannot…

The warning signs are building, and our long-term negative Money Flow deserves attentionBrogan Group Equity Research is tracking the growing collision between massive AI spending, rising debt, borrowing costs and expensive energy. While the AI…