We’re wrapping up an incredible week in the stock market! The S P 500 cash index—and its ETF counterpart, SPY—hit fresh all-time highs, with futures indices not far behind. If you’ve been following the Sector Leader Bullseye newsletter closely these past few weeks, this probably doesn’t come as a su
Donald Trump was sworn into office on Monday, kicking off his second term as the 47th President of the United States. There’s a lot of optimism from the business community at the moment, and a lot of the focus is, understandably, on what’s happening in the U.S. But over the past couple of weeks, I’v
Last week, when stocks were on the defensive, I pointed out the continued presence of positive money flows within the market. And as it turned out, Monday was the low of the week. Stocks rallied smartly and then ended up closing at their highest level in four weeks. So what’s all the fuss about? I’l
It never ceases to amaze me - how sentiment follows price. Stocks dropped six weeks’ worth of gains from their all-time highs down into what appears to be a low of significance this past Monday. This was also the longest decline that stocks have experienced going back to the October 2023 low. Ask yo
Stocks went out near the lows of the week on Friday, and by now, most of you are well aware of my high regard for closing prices. In other words, when stocks close at the lows of the week, it’s a strong signal that bears were the victor of that five-day period. Over the past
It’s been a choppy few weeks in the stock market. From now looking back to the election in November, we’re basically unchanged. This in turn is prompting talking heads to declare the “Trump bump” is over. I’ll level with you: My trading, and more importantly, my risk management, doesn’t change depen
For the second week in a row, energy was the top-performing sector in the S P 500. This is especially interesting because, given the strength of Friday’s rally, it looks like bears may be about to be squeezed again. Whenever energy outperforms, it gives us a clue as to where we are in the market cyc
A new year is upon us, which means it’s finally safe to count all those chickens that hatched in 2024. Needless to say, it was a year for the record books. The S P 500 finished 23.3% higher in 2024 - not bad - but our trading strategies were able to quadruple that performance using stocks
Despite the mid-week turbulence and holiday trading last week, stocks managed to squeeze out a modest gain. However, there are some interesting details to note in last week's market activity. First, the bullish news - the Nasdaq outperformed the other indices (S P 500 and Dow), which is typically a
