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…

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…

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…

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…

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…

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…

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…

Today we’re reviewing the Relative Performance of our defensive, non‑cyclical equal‑weighted indices versus the S&P 500, as we are now recording countertrend Buy Signals across Large, Mid, and Small Caps. We allocate to defensive non‑cyclicals…

Today, for the first time ever, I’m taking a look at the Yen Carry Trade — prompted by a request from my older brother, Brian Brogan, CMT. I’ve always been curious about what it is,…