Today we’re looking at the Money Flow and Relative Performance Breadth of the two major momentum‑factor ETFs. What we’re seeing is straightforward but concerning: Money Flows and Relative Performance versus the Energy sector (hard‑asset equities)…

Today, in the aftermath of NVDA’s earnings, we’re highlighting the Money Flow and Relative Performance Breadth (versus Energy) of SOXX, along with the large‑, mid‑, and small‑cap core markets. What stands out is that breadth…

Last Friday we showed that the stock market is in a bear market when denominated in Gold. Today we are expanding that analysis by examining the S&P 500 versus the S&P GSCI (Goldman Sachs Commodity…

As Marty Zweig famously stated, “Don’t fight the Fed.” Today, it’s: don’t fight Soros’s alumni. Last night, the Druckenmiller Op‑Ed dropped in the Wall Street Journal, and the “family fight” has now become a full‑on…

Today we’re looking at the Money Flow Model, which remains deeply negative even as the market is back to all‑time highs. This divergence between weak broad‑based buying pressure/closing power and rising market prices continues to…

On August 11th, we published a report highlighting how the equity market, when denominated in Energy, is in a negative trend. Two days ago, we followed that with a Money Flow Buy Signal for the…

Today we’re highlighting interest rates again, as they remain the lynchpin on the front page. Yields continue to show money‑flow breakouts and rising momentum, with rates holding a positive trend above the 50‑day moving average….

Looks like Scott Bessent is at it again, QE5 and nobody explains the effect of QE better than Tom McClellan. Unfortunately, historically QE’s have had the opposite effect on interest rates and Scott thinks the…

Two very important charts to highlight today: interest rates are breaking out to new multi‑year highs (last seen in ’07), and money‑flow breadth across the large‑, mid‑, and small‑cap markets is not confirming the market’s…

Today we’re looking at the Money Flow Model, which remains deeply negative even as the market is back to all‑time highs. This divergence between weak broad‑based buying pressure/closing power and rising market prices continues to…