May 11, 2026

The Dollar Is Screaming Inflation — And Hard Assets Are Confirming It

By Bob Brogan

Are you prepared for another round of inflation? Because the financial system is signaling that it’s coming. The $USD continues to trade near its four-year lows. This is an incredible situation when you consider that…

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May 8, 2026

Gold & Silver

By Bob Brogan

Gold and silver are increasingly acting less like commodities and more like monetary insurance against a dangerously unstable global financial backdrop.Central banks continue aggressively buying physical gold while confidence in government debt, fiat currencies, and…

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May 7, 2026

NASDAQ 100 Futures Enter Historically Dangerous BOMAR ATR Exhaustion Zone

By Bob Brogan

The chart is telling a very powerful statistical story — and I think your strongest argument is not The chart is now telling a very powerful statistical story — and the strongest argument here is…

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May 6, 2026

Narrow Market – Semis Carrying the Tape as Geopolitical Risk Rebuilds

By Bob Brogan

Equity indices continue to print highs, but the internal structure is deteriorating rapidly. This is no longer a broad-based advance — it is an increasingly narrow, semiconductor-led move masking underlying distribution. The Philadelphia Semiconductor Index…

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May 5, 2026

Complacency Is Back… Right on Cue

By Bob Brogan

Complacency is re-emerging as equities press toward highs, but the internal tone is beginning to deteriorate. Today’s shooting star, coupled with weakening breadth, suggests supply is quietly building beneath the surface. Nothing has technically broken…

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May 4, 2026

This Isn’t Rotation. It’s Distribution.

By Bob Brogan

Three consecutive weeks of hedge fund net selling into record highs, while passive inflows continue to chase ETFs, is an inherently fragile market structure. Goldman’s prime brokerage data confirms real-time institutional distribution, aligning with what…

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May 1, 2026

Morning Market Note — It’s the Inflation, Stupid

By Bob Brogan

The message from markets is getting harder to ignore. Inflation isn’t easing—it’s reaccelerating. Oil is back above $120, wheat is surging, and long-term inflation expectations are pushing to new highs. This is not a transitory…

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April 30, 2026

Negative Momentum Divergence Building

By Bob Brogan

Our Triple-Smoothed TRIX continues to roll over, reinforcing the view that equity market momentum is deteriorating beneath the surface. While price levels remain elevated, the internal structure of the market is weakening, a classic late-stage…

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April 29, 2026

Morning Market Note—Divergence Beneath the Surface

By Bob Brogan

Recent price action continues to mask a subtle but important deterioration in underlying market internals. While major indices remain near highs, momentum and money flow measures have begun to roll over, signaling a loss of…

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April 28, 2026

Oil Shock Risk Building — Geopolitics Turning Against NQ & SOXX

By Bob Brogan

Treasury Secretary Scott Bessent stated today that the U.S. naval blockade is crippling Iran’s oil industry, describing IRGC leadership as trapped in a desperate situation.Bessent predicts an imminent collapse of Iranian oil pumping as production…

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