July 29, 2026
Guns & Butter
This weekend Guns & Roses is playing in Hershey, PA, and they couldn’t be performing at a more fitting time. We have an economy and society running on “guns and butter,” a phrase that used…
July 28, 2026
Cyclicals Outperforming S&P500 Equal Weight ~ Money Flow Model Outperformed Both
I was looking at this chart over the weekend and was struck by the sheer outperformance of the Cyclicals (Value Stocks) — Financials, Industrials, Materials, Energy, Discretionary, and Equal‑Weighted Tech — versus the S&P 500…
July 27, 2026
Money Flow Model Still Deeply Negative
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…
July 24, 2026
Risk Management ~ Avoiding Excessive Drawdowns
Today I want to talk about what makes The Brogan Group Equity Research truly special — and different from any other technical research shop on Wall Street. In two words, it is Risk Management. We…
July 23, 2026
10 Yr T-Note Yield Buy Signal; Crude Oil Buy Signal; Inverted VIX Sell Signal; Non-Cyclical Equity Buy Signal
Today we have a very important report, as we are getting Intermarket Bearish Signals for the stock market. As the title notes, we are recording a Sell Signal on the Inverted VIX (volatility moving higher),…
July 22, 2026
High Beta Money Flow & Relative Performance Breadth Sell Signal
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…
July 21, 2026
Money Flow Diverging Price ~ Last Saw Before 22’Inflation Scare
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…
July 20, 2026
Money Flow Model Still Deeply Negative
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…
July 17, 2026
Bullish Relative Performance ~ Large, Mid & Small Cap Value
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…
July 16, 2026
NDX100 Advance/Decline Line Major Bearish Money Flow Trend Break
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…