December 23, 2025

High Yield Bonds Still Holding A Positive Alpha Trend

By Terence W. Brogan

Yesterday we talked about the selling pressure that we have been seeing on our high frequency money flow model which has us looking over our shoulder for the next Bear Trend in the stock market….

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December 22, 2025

Whistling by the Graveyard ~ High Frequency Money Flow Distribution Pattern ~ Low Frequency Money Flow Model Still Positive

By Terence W. Brogan

Today we are going to look over our shoulders for the Bear Story because there is a concerning distribution pattern happening under the surface that we are watching very closely. Below we are showing two…

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December 19, 2025

Cyclicals vs. Technology

By Terence W. Brogan

Today we are going to continue with our relative performance analysis of the Cyclical and look at them versus the pure Technology sector. As everyone knows, the S&P500 is skewed by its heavy weighting in…

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December 18, 2025

MAJOR ROTATION Inflation Going Higher Buy Hard/ Value Assets ~ Commodities, Materials, Energy & REIT’s

By Terence W. Brogan

Today we are going to continue with our higher interest rate theme caused by the continued historical money printing over the past 15 years. As the saying goes; “To many dollars chasing too few goods”…

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December 17, 2025

Financials & Industrials Relative Performance Buy Signal

By Terence W. Brogan

Today we are going to look at two very important cyclical sectors (Financials & Industrials), there is the old sayings “You cannot have a Bull Market without Technology & Financials.” We are going to update…

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December 16, 2025

Short End of The Curve ~ Still Very Bullish

By Terence W. Brogan

Friday, we did a report on the bond market and hard assets seen through Cyclical/Value assets. Today we are going to do it again because the charts really look like rates are going higher as…

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December 15, 2025

Money Flow Model Positive ~ Cyclicals Producing Alpha ~ Will They Breakout?

By Terence W. Brogan

Will the markets continue to broaden and Cyclicals outperform? What we can see from the first chart, our Money Flow Model is positive, and conditions are in place for that to happen. The prior two…

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December 12, 2025

Buy Value/Hard/Cyclical Assets Interest Rate Going Higher

By Terence W. Brogan

November 21st was our last report on yields where we reported a momentum reversal Buy Signal on the 10 Yr T-Note Yield. Today we are going to reiterate that report as the Money Flows on…

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December 11, 2025

All Cyclicals Recording Momentum Reversal Buy Signals

By Terence W. Brogan

As all readers of this report know, we love economically sensitive equities when our Money Flow Model is positive because liquidity, as we measure it is expanding. We then turn to the traditional Relative Performance…

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December 10, 2025

Bitcoin Money Flow Sell Signal

By Terence W. Brogan

On December 15, 2017, Bitcoin futures started trading live on the CME and it was on that date that we started recording the cumulative Money Flows on a transparent and regulated marketplace. We then had…

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