Markets Are Changing. Are You Ready?
On this week’s webcast, we reviewed a market backdrop that remains fragile beneath the surface, even after a strong rebound day. While headline indexes bounced, market breadth has continued to weaken, with fewer stocks in uptrends, fewer stocks above key moving averages, and leadership becoming increasingly narrow. In that kind of environment, we believe it […]
Navigating Volatility Through Selective Re-Entry
Caution, Commodities, and Global Rotation
We are focused on and conscious of the risks posed by geo-politics and cautious as markets continue to show signs of strain. US equities, particularly large-cap technology, have weakened, market breadth has narrowed, and fewer sectors are holding up in established uptrends. At the same time, long-term interest rates remain elevated, which continues to tighten […]
Market Risk, Energy Strength, and Higher Cash
Navigating a Narrowing Market
Long-term market conditions remain constructive, but near-term signals have become more fragile. The S&P 500 remains in a long-term bull market, and several international markets continue to show early-stage secular strength, yet breadth has weakened across the U.S., Canada, and global markets. Fewer stocks are participating in advances, leadership has narrowed, and major indexes have […]
Navigating Market Volatility: Where Opportunity Lies
Markets Signal Rising Uncertainty as Energy Leads
Capital Preservation in a Headline-Driven Market
In this week’s webcast, we focus on risk management in a market defined more by geopolitics and energy flows than by traditional macro drivers. We maintain a capital preservation stance, hold above-normal cash, monitor positions closely against key support levels, and avoid redeploying capital indiscriminately in a volatile environment. The Strait of Hormuz is the […]
Breadth Weakens as Energy and Industrials Lead
Market conditions deteriorated this week as breadth weakened across regions and sectors. The percentage of stocks in uptrends fell. About 10% of NYSE stocks gave point-and-figure sell signals. The share of stocks above their 50-day moving averages dropped sharply. Major indexes stayed within longer-term uptrends, but leadership narrowed and risk rose as correlations threatened to […]
Global Stocks Lead as US Breadth Narrows and Energy Surges
The US market remains in a secular bull that begins in 2013, and the S&P continues to work higher over time while staying well above the 200-day moving average. Near term, the S&P chops sideways from early December into late February, with seasonality in the back half of February often less supportive. Under the surface, […]