Newsletters Test
Subscribers to CappThesis receive dependable, thoughtful and succinct analysis throughout each week.
Last Licks

SPX 3,800
Topics Reviewed: SPX, Patterns, Breadth, XLV, OIH, UGA, 20-Day highs, JO, UNG, Relative Volume, FXI,...
Morning Trends

Key Points: 1- The SPX just notched its tenth straight weekly move of at least 1% for only the tenth...
PostScript

Week Ending 10/21/22
Topics Covered: SPX’s +4% weekly moves, QQQ, XLE, MTUM, XBI, ON, KMX, EIDO, ZROZ, URA & US...
Morning Trends

Key Points: 1- The SPX has yet to touch the Upper Bollinger Band (UBB) on this rebound. It’s only been...
Morning Trends

Key Points: 1-The SPX has witnessed some incredible moves over the last four weeks; however, the index...
Last Licks

Mini Streak Over; New SPX Pattern
Topics Reviewed: SPX, Patterns, Breadth, XLE, UUP, IGE, SMH, XBI, JETS, Relative Volume 1-Performance...
Morning Trends

Key Points: 1-After yesterday, the SPX now has logged two straight gains for just the fourth time since...
Breaking Out

Market Update 10/18/22
Topics Discussed in Today’s Video: SPX pattern update, past 2022 rallies, 9-wk streak of +/-1%...
Morning Trends

Key Points: 1-The SPX just logged it third straight +/-2.4% move for the second time this year. This...
Last Licks

Gap & Hold
Topics Reviewed: SPX, Patterns, Breadth, XLY, UUP, OIH, XOP, ETFs making new lows, TUR, Relative Volume...
Morning Trends

Key Points: 1-With the SPX still above last week’s low, the small potential bottoming formation we first...
PostScript

Week Ending 10/14/22
Topics Covered: SPX’s 9 straight +/-1% weekly moves, NDX, XLV, IWP SMH, CPB, MPWR, TUR, ZROZ, SLV,...
Morning Trends

Key Points: Below we review: What happened. What changed. What remains the same. And.. What needs to...
Last Licks

Brief Market Update
SPX The opening sell off put the SPX within 16 handles of the 3,475 downside target. Apparently, that...
Morning Trends

Key Points: 1-The SPX has endured TWO six-day losing streaks in the last three weeks. The last time...
Breaking Out

Pre-CPI Calm (Video)
Topics Discussed in Today’s Video: SPX Performance, Patterns, Breadth, SLYG, XLE, XLU, TAN,...
Last Licks

Pre-CPI Calm
Topics Reviewed: SPX Performance, Patterns, Breadth, SLYG, XLE, XLU, TAN, XLF, SIL, Relative Volume...
Morning Trends

Key Points: 1 – In 2022, the index has logged four prior five-day losing streaks. The index was...
Last Licks

Still Searching for a Bid
Topics Reviewed: SPX Performance, Patterns, Breadth, SLYV, XLRE, New 52-week lows, SMH, MSOS, Relative...
Morning Trends

Key Points: 1-The SPX has followed long losing streaks with strong short-term snapbacks each time in...
Last Licks

Four Straight Losses... Again
Topics Reviewed: SPX Performance, Patterns, Breadth, NDX, XLE, MSOS, KWEB, BAL, New Lows and Laggards,...
Morning Trends

Key Points: 1- Prior to last week, there were only two times in 2022 that the SPX followed a 2.5% gain...
PostScript

Week Ending 10/7/22
Topics Covered: SPX performance, breadth, MDY, XLE, DVY, KIE, WYNN, SEDG, VEU, 10-Year Yield, Crude Oil,...
Breaking Out

Chart Rundown
Topics Discussed in order: 10 Year Yield (2) US Dollar (2) 10 Year Yield, USD & SPX SPX (8) SPX &...
Last Licks

Quiet Fade, but Not in Everything
Topics Reviewed: SPX Performance, Patterns, Breadth, SPYV, XLE, Top Performers since 9/26, OIH,...
Morning Trends

Key Points: 1 – A change in market character always begins in the short-term work. 2 – For most...
Last Licks

Battling After the Surge
Topics Reviewed: SPX Performance, Patterns, Breadth, XLE, CORN, OIH, TAN, SMH, UUP, Relative Volume...
Morning Trends

Key Points: 1-Going back to 1970, the SPX notched consecutive +2.5% advance 12 prior times. 2-The last...
Last Licks

Follow Through... Found
Topics Reviewed: SPX Performance, Patterns, Breadth, XLF, Two-Day Leaders, UUP, ARKK, USO, SIL, Relative...
Morning Trends

Key Points: 1-The last time we saw a gain the day after a 2% advance was late July (7/27-28), as the...
Breaking Out

Round Two (Video)
In today’s video, we review tonight’s Last Licks’ report, “Round Two,”...
Last Licks

Round Two
Topics Reviewed: SPX Performance, Patterns, Breadth, XLE, XLU, XLY, Leaders, EWZ, UUP, SLV, UNG Relative...
Morning Trends

Key Points: 1- The SPX’s -9.3% loss was the 17th monthly decline of at least -9% since 1970. The...
PostScript

September and Q3
Topics Covered: Full September and 3Q review Plus: SPX: consecutive monthly losses, monthly and quarterly...
Morning Trends

Key Points: 1-The prior four times the SPX broke below a previous low in 2022, the SPX fell an additional...
Breaking Out

Not Yet... (Video)
Last Licks

Not Yet...
Topics Reviewed: SPX Performance, Patterns, Breadth, SPYV, XLE, XEL, PBW, XRT, UUP & SPX, PALL....
Morning Trends

Key Points: 1– 2% gains that happened AFTER preceding big downturns in 2022 have yielded the BEST...
Last Licks

Bounce
Topics Reviewed: SPX Performance, Patterns, MDYG, Breadth, Sector ETFs, UUP, TNX, GDX, SIL, today’s...
Morning Trends

Key Points: 1- The SPX is down six straight days. Since 1990, there were 24 prior losing streaks of...
Last Licks

6 Straight Losses
Topics Reviewed: SPX Performance, vs. 200-Day MA, Patterns, Breadth, SPYG, MDYG, XLE, XLU, ZROZ, XBI,...
Morning Trends

Key Points: 1 – The SPX is NEAR major support after a sizable, unceasing downturn. 2- There were...
Last Licks

SPX Holds Lows, While Many Others Fail
Topics Reviewed: SPX Performance, Patterns, Breadth, SLYV, XLRE, UUP, FXB, KWEB, JO, GXG, Relative Volume...
Morning Trends

Key Points: 1- Last week, the SPX logged its fourth weekly decline of at least -3% in the last five weeks. ...
PostScript

Week Ending 9/23/22
Topics Covered: SPX, DJIA, XLE, VTI, GIS, APA, EWZ, IGOV, URA, UUP, Bitcoin, WEAT, MSOS, Breadth 5-Day...
Morning Trends

Key Points: 1-SPX: Being oversold in a downtrend is a MUCH different scenario vs. being oversold in an...
Morning Trends

Key Points 1-The SPX logged its 2nd straight 1% decline yesterday. The last time it experienced a -1%...
Last Licks

Red Reaction
Topics Reviewed: SPX Performance, Patterns, Breadth, SPYG, XLC, EWZ, ZROZ, SLV, UUP, PEJ, JETS, EEM,...
Morning Trends

Key Points: 1-The SPX currently is trading in its fifth multi-week downward sloping trading channel in...
Last Licks

Pre-FOMC Downside Pressure
Topics Reviewed: SPX Performance, Patterns, Breadth, MDYG, XLK, AAPL, WEAT, CORN, PSP, CUT, EWD, Relative...
Morning Trends

Key Points: 1- Both of the SPX’s bearish patterns remain “alive,” but the immediate downside follow-through...
Last Licks

Treading Water
Topics Reviewed: SPX Performance, Patterns, Breadth, MDY, XLRE, PALL, EWZ, IYT, MSOS, UGA, SOCL, XLC,...
Morning Trends

Key Points: 1- Last week, the SPX endured its third 3% weekly loss in the last four weeks for the first...
Morning Trends

Key Points: 1-The SPX has had two 1% declines so far this week. The index only has logged THREE or more...
Morning Trends

Main Points: 1-After losses of at least -1%, the SPX has followed with a 1% gain the next day just three...
Last Licks

Holding Support... For Now
Last Licks: Holding Support… For Now Topics Reviewed: SPX Performance, Patterns, Breadth, Style,...
Morning Trends

Main Points: Three reasons why the SPX remains in a long-term downtrend:1-More bearish patterns are working...
Last Licks

Sea of Red
Topics reviewed: SPX Performance and Patterns, NDX, Breadth, Style VIX, XLC, UUP, Bond ETFs, ETF...
Morning Trends

Main Points: 1-After Monday, the index now has logged gains of at least 1% in three of the last four...
Last Licks

Streaking
1-Performance The SPX gained ground for the 4th straight day today, matching the four day winning...
Subscribe Today
Subscribers to CappThesis will receive dependable, thoughtful, authentic and succinct analysis throughout each week.