April 30, 2026
Inflation Going Higher ~ Cost of Capital Going Higher ~ Fed to Loose
Last Friday we did a bullish report on Commodities and a call for higher inflation and higher cost of capital. Today we are going to reiterate that report and to throw another chart into the…
April 29, 2026
Low Volatility and Non-Cyclicals ~ Key Reversal Set Up
Yesterday we saw a big reversal in the relative performance ratio of the Low Volatility, Non-Cyclical equities versus High Beta, Cyclcial Equities. This triggered a fast relative performance ratio momentum reversal Buy Signals for these…
April 28, 2026
High Frequency Money Flow Breadth Negative Divergence
Yesterday we showed our Low Frequency Money Flow Model still in a negative position, today we are going to get more sensitive and look at the High Frequency Money Flow Breadth. As we noted last…
April 27, 2026
Money Flow Model Still Negative
To start the week, we want to update everyone on the Money Flow Model as it is still negative. It last changed back to a negative position March 31st and even with this record-breaking rally…
April 24, 2026
Commodities & Energy ~ Oil Going Higher
The two major trades are AI (Everything is Awesome!) & Energy/Commodities/Inflation (Everything is NOT Awesome!). The AI trade has gone ballistic beyond reality, now it’s time to switch gears and get back to reality with…
April 23, 2026
Money Flow Negative Divergence ~ Yields Poised to Go Higher
After this record-breaking rally over the past 16 trading days our Money Flow Model is still deeply Bearish, and our high frequency Money Flows are still recording blatant negative divergence. This set up tells me…
April 22, 2026
Relative Performance Sell Signal Triggered ~ EU, EAFE, International & Buy USA
Last Friday we issued a Sell Signal on our Relative Performance Breadth of Small & Mid-Caps versus Large Caps here in the USA. Well, today we are looking around the world for Relative Performance Sell…
April 21, 2026
Semi’s & Software Relative Performance Spread Extreme
Today we are going to look at the Relative Performance Breadth of the two most important industry groups in the stock market today, Semiconductors versus Software. What we can see is Semis are the strongest…
April 20, 2026
Money Flow Model Still Negative
Over the past two months we have seen more volatility in our Money Flow Model than we have ever seen in 32-year history of the data series. The Model turned Bearish April 2nd and then…
April 17, 2026
Large, Mid & Small Cap ~ Money Flow & Relative Performance Breadth
Our Money Flow Model turned Bearish March 31st moving us back to a defensive, non-cyclical position and will be in that position until our model turns positive again. Today we want to look at our…