Monday’s session reinforced the message. The S&P 500 slipped 0.28% to 7,652.86, while the Nasdaq Composite fell 0.76%, led lower by continued weakness in technology and semiconductor stocks. The Dow managed a 0.26% gain, highlighting…

The market’s technical picture changed materially over the past five trading days. As of Friday’s close, 13 of the 30 Mega-Cap Technology stocks—43%—had Daily Money Flow scores below the 50% breakeven level, the weakest reading…

We believe Artificial Intelligence will transform the global economy. But the technology can succeed while the AI trade fails. Trillions are being committed to chips, data centers, power and AI infrastructure before the ultimate returns…

“The S&P 500 is still sending a bullish headline signal, but the internal message is becoming increasingly cautious. Leadership is narrowing, momentum is fracturing, and the stocks carrying the market are becoming less reliable. The…

Weak jobless claims would initially be bullish as investors price in greater odds of Fed easing. But our chart is sending a different warning: the S&P 500 remains near record highs while our SELL signals…

If Thursday’s “Employment Report” is materially weaker than expected, the initial market reaction could be bullish, but the second reaction could be very bearish. A weak report could immediately push Treasury yields and the dollar…

Equities are making fresh highs, but beneath the surface, risk is rising. Volatility is unusually cheap, investors remain under-positioned, and short-gamma dealers could fuel another powerful leg higher. The chase may not be over, but…

Today, I am rolling out one of my favorite indicators, bestowed upon us by the creator of the Directional Movement Indicator (DMI), including the +DI (Positive Directional Indicator) and −DI (Negative Directional Indicator): J. Welles…

Three Wall Street trading desks have given similar descriptions of what they see playing out in August: investors are selectively chasing gains without any real conviction, while the key issue remains the growing disconnect between…

Good morning,KEY POINTS:• Nvidia may be a great business, but its AI financing creates significant ecosystem risk.• Investors should watch the debt, financing structures, and counterparty exposure behind the massive AI infrastructure build-out.• If AI…